Businesses Seeking Loan in Gurgaon

- We are an NBFC company & have applied to RBI for change in status from NBFC to NBFC MFI. - The company was incorporated in Allahabad but after it was acquired by the current CEO, the headquarters was shifted to Gurgaon. - We are a microfinance company providing loans to women for income generating activity only. The business does not accept any deposits from their members. - We have disbursed up to 6,000 loans till date which amounts to nearly INR 12 crore. The business has over 2,100 registered members on the platform as of now. - Our average ticket size is between INR 15,000- 40,000 per customer. - We charge 26% of fixed interest on the loan which includes 1% processing fees. - Our EMI collection is conducted on a weekly basis. - We do KYC as per RBI norms and follow a JLG (Joint Liability Group) model while disbursing loans. The group size can range from 5 - 20 members. If one member defaults on the loan repayment, the entire group needs to bear its liability. Besides that, we conduct a comprehensive background check which includes an inspection of the bank records, Aadhaar card, and PAN card. We also conduct a physical verification check of the member's house, check their cash flow and annual income statement and consult the member's neighbours about their financial stability. The business also conducts a credit check on their members through Equifax and Highmark and are planning to tie up with another Fintech company for credit evaluation. Owing to our comprehensive due diligence, the default rate on loans are very minimal at around 0.5%. - We experienced rapid growth in interest income because we disbursed large amounts of loan funds in the second quarter of this year. - The CEO of the company is a Chartered Accountant with 10 years of experience in the finance sector. The COO has over 18 years of experience in the microfinance sector.

- We have developed 6 ERP and CRM software. - Currently we do not have any clients for these products as the lock-down started right after we finished developing the software. - Have custom developed 6 software based on the requirement of our clients. - We also provide marketing and PR solutions. This vertical makes up a small percentage of our total revenue. - Have 20 leads in hand at present and we are pursuing them to convert them into projects in hand. - Business is not profitable at the moment. We expect to break even by the end of the year.

- A hotel management business based in Gurgaon. - Business currently manages 25 hotels and will be managing another 18 hotels that will begin operations within a year. - Majority of the hotels are located in India, while there are hotels being managed in Sri Lanka, Nepal, Saudi Arabia, Nigeria and Morocco. - The business provides complete management of the hotels. Right from hiring to everyday management of the hotel. - The minimum contract period with hotels is 5 years. - Due to covid-19 and none of the hotels being operational, the business has not been generating revenue.

Company provides cars on rent along with a driver to corporate clients in Gurgaon. We work on yearly contract basis and have 8 corporate clients. Our cars are 5 seater & 7 seater and in total we currently own 21 cars. Each car is less than 2 years old. Since the company has strong presence in the B2B segment, we now plan to enter into B2C segment like Ola and Uber. We have already developed the Android app & a website and are looking to raise funds to promote our app. In the B2C segment, we will not use our cars but on-board partner drivers. Founder of the business has 15+ years of industry experience. Business owned assets include 21 cars and office equipment. We have a total of 30 permanent employees of which 25 employees are drivers and rest 5 employees are admin staff.

- A company operating a chain of fitness centers, based in Gurgaon, Haryana. - We operate 6 fitness centers - 3 in Gurgaon, 2 in Delhi and 1 in Uttarakhand. - The fitness centers have a full fledged gym, group training sessions, personal training, special training programs for senior citizens and children. - Have a total of 2,500 members across all the gyms. - Have a total of 80 employees out of which 40 are trainers. Each gym has an average of 6 trainers. - Our gyms are located inside premium community clubs. Hence we receive higher footfall as compared to standalone gyms. - Have received more members during this year, hence there is a strong increase in our revenue. - Physical assets include interior setup and gym equipment.

- A pet store, based in Gurgaon. - We started off as an online store and have now setup a physical store in Gurgaon. - The physical store was opened this week. Have not received much footfall, but expect a lot of customers to begin coming in when we introduce pet grooming services next week. - Receive an average of 12 daily orders through the online store per day. We sell pan India. - Purchase products from 10 suppliers. - Physical assets include store setup and inventory.

Firm provides installation, dismantle and electrical services to clients in the telecom industry. In addition to that, we also supply materials required for telecom projects. Generate 70% of revenue by providing services and 30% from supply of materials. Have a strong business tie-up with Indus Towers to provide installation & electrical services and also supply materials to them. We generate about 98% of our turnover from Indus Towers and rest 2% from other private clients. Founder has more than 10 years of experience in this industry. Business owned assets include tools, materials and office equipment.

Firm provides handyman and facility management services in Gurgaon. Have served more than 400 clients since inception and we have a mixture of both individual and corporate clients. About 60% of our clients are individuals and rest 40% are corporate clients. Our corporate clients include IT firms, manufacturing companies and industries. We are currently working on ad-hoc order basis with these corporate clients however, in future, we plan to establish yearly contract with them. Physical assets include cleaning machines, laptops and computers.

- We are a digital marketing and software design company based in Gurgaon. - At present we have 5 active clients including international clients as well. - Some of our services include software development, SEO, digital marketing, web security and cloud computing. - Promoter has over 12 years of experience working in the field of technology and marketing. - Company's physical assets include small servers and desktops.

- We are a start up that is one of the first in India to offer Telomere Analysis Test. - This test is used in preventive healthcare to predict the onset of major diseases. - We are still in the pre-revenue phase and we already have 3 clients who would use our services once we launch. - Have tied up with 10 physicians who will recommend this service to their clients. - We provide the service pan India and we also tied up with local agents in Nepal, Sri Lanka and Maldives. - Currently tied up with 3 labs who do the blood processing for us. - Promoter has over 25 years of experience working in the Healthcare industry. - The business model is extremely lean as the company does not own any assets but is tied up with other institutions to provide its services.