Web & Mobile Development Company Seeking Loan in Kolkata, India

Omnichannel company selling cosmetics, electronic products and also offers website development services.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 37 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 5 %
Industries Ecommerce Websites + 1 more
Locations  Kolkata
Local Time 11:49 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 33 thousand for 11.0% annual interest, 5 years (Native Currency: INR 2,500,000)
Reason: We are planning to expand our business through distributor / franchise model. We want to expand the ... View More
Collateral Available: USD 0
Includes physical assets worth USD 6.7 thousand
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Business Overview

- A company having an annual turnover of around INR 50 lakhs.

- Company is registered in north 24 Parganas and operating from Kolkata.

- We sell Herbals, cosmetics and electronic products through own website, Amazon, Flipkart. We also provide website, mobile app development services to small businesses.

- We receive 50-120 orders per day for cosmetics and electronic products through own website, Amazon, Flipkart etc.

- Planning to expand in Wholesale business through Franchise / Distributor Model.

- Currently, the products are purchased from manufacturers and wholesalers in India. Planning to import cosmetics and electronic products from Hong Kong, Vietnam and South Korea.

- 80-85% of the revenue is from product sales and the remaining revenue is from website related services.

- We are upgrading our website with new servers.

- Promoters have 16-25 years of experience in sales, event management and advertising.

Products & Services Overview

-Ayurvedic, cosmetics, kitchenware, jewelry and electronic products such as face wash, cream, air purifier, vacuum cleaner through own website, Amazon, Flipkart.

- We also provide website related services to small businesses.

Facilities Overview

250 sq. ft promoter owned office in North 24 Parganas & 150 sq. ft promoter owned office in Kolkata.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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