Waste Management Company Seeking Loan in Bangalore, India
Company involved in waste management and material recovery, seeks funding to set-up advanced processing plant.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 2.34 thousand |
| Run Rate Sales | USD 2.8 thousand |
| EBITDA Margin | 15 % |
| Industries | Waste Management |
| Locations | Bangalore |
| Local Time | 6:47 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
23.4 thousand
for
15.0%
annual interest,
5
years
(Native Currency: INR 2,000,000)
Reason: To set up a processing unit at Yeliyur, Mandya along with the required machinery.
Collateral Available: USD 23.4 thousand
Includes physical assets worth
USD
11.7 thousand
Interested to connect with advisors
Documents
Business Details 1
(2.5 MB)
Business Details 2
(398.7 KB)
Certificate of Incorporation
(527.4 KB)
ROC-Verification.pdf
(59.5 KB)
Business Overview
- We collect electronic waste from homes, apartments, offices and factories.
- Our customers can visit the website and schedule pick up time and locations.
- We are targeting weekly 6 tons collection in the near future.
- Acquired more than 1,000 customers in a span of 8 months.
- We refurbish and recycle the waste. Refurbished products are sold again and recycled products such as Aluminium, Iron, Copper are sold to manufacturers.
- We do manual processing at our Mandya facility. Need funds to set up machinery which would allow us recover upto 99% of the waste.
- Pick up of waste is done by us through rented vehicles.
- Won outstanding business excellence award.
- Promoter has over 10 years experience in this field.
- Our customers can visit the website and schedule pick up time and locations.
- We are targeting weekly 6 tons collection in the near future.
- Acquired more than 1,000 customers in a span of 8 months.
- We refurbish and recycle the waste. Refurbished products are sold again and recycled products such as Aluminium, Iron, Copper are sold to manufacturers.
- We do manual processing at our Mandya facility. Need funds to set up machinery which would allow us recover upto 99% of the waste.
- Pick up of waste is done by us through rented vehicles.
- Won outstanding business excellence award.
- Promoter has over 10 years experience in this field.
Products & Services Overview
We are into Electronic waste collection, Material Recovery, Precious Metal Recovery, 100% Material Recovery with dry processes, R&D on sensor based metal recovery, E-waste collection and logistics, Training and Skill Development.
Facilities Overview
Head office at JP Nagar, Bangalore (1,200 sq ft) and processing facility at Yeliyur, Mandya (40,000 sq ft). Both facilities are on rent.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysBusiness Head, Ecofy (Accretive Cleantech Finance Private Limited), Mumbai, Financial Institution connected with the Business
-
Earlier than 15 daysOwner, E-Waste Management, Delhi, Corporate Investor / Buyer connected with the Business
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