Businesses Seeking Loan

Educational company providing employability skills & trainings to working professionals. - Industry experienced trainers who train the job seekers practically. - Hiring partnerships with corporate for candidate sourcing & up-skilling trainings. - To date, we have successfully placed 2,000+ candidates, and have 1,000+ candidates enrolled with us. - We charge the candidates a course/program fee. - Our business started out as a general partnership in 2017 but we got incorporated as a private limited entity in 2019.

We are a private Limited Company registered under companies act 2013 under Ministry Of Corporate Affairs, Govt. Of India on 16th Nov 2016. - Authorised shared capital is Rs. 1 cr. - Revenues for FY 2017-18 was Rs. 1.07 cr with 8 months of operations. Revenues for March 2018 was Rs. 30 Lakh. - We have launched packaged wheat flour and corn flakes under our own brand name in Chhattisgarh. Our brand name is also a registered trademark. - We procure quality food products from different suppliers across India and market it under the brand name. - One of the founder's of the company is an IIM Raipur alumni having over 20 years of rich experience in Sales & Marketing in FMCG, Telecom, and Hospitality sector. - The other director is a design engineer and has a rich experience of more than 24 years mainly in Dubai and Kenya. - We have number of wheat manufacturers for sourcing the products. - We have 47 distributors in Chhattisgarh, handled by sales team of 17 people led by one Area Sales Manager. - After Ashirwad and Silver coin brand, our brand is the most visible brand which is present in all nook and corner of Chhattisgarh. Other similar brands are present in bits and pockets only. - We will be introducing different SKUs of wheat flour and corn flakes and will also be introducing soya chunks, CTC tea to our product portfolio very soon.

Website, applications and software development company that has been operational for over 6 years. - Business has 100+ clients. - We have 10+ ongoing projects. - Clients are from Singapore, the US, the UK, Canada, UAE. - Size of the company we serve varies from big MNCs to SMB's.

We have started this organization, in order to provide the best microfinance services to cater for the financial needs (under the JLG/individual model) of the underprivileged & unbanked section of our society. - Currently, we are working as an NPA recovery partner of four reputed NBFCs (Hinduja, Muthoot, Reliance Capital & Chola) for Jharkhand, Bihar & West Bengal states and BC (Business Correspondent) partner for MSME & JLG business with three reputed NBFCs (Arthmate Financing India, Avanti Finance & Clix Capital). - Established in the middle of last year, but started our operation as an NPA recovery partner from December onward & as a BC partner 6 months ago. - Presently we are having a tie-up with Arthmate Financing India Private Limited for Jharkhand & Odisha states for MSME loans. Right now, we have two branches with Arthmate. These are at Ranchi & Pakur. - We need to open 15 more branches at the mentioned two states to provide services of Arthmate. Currently, we are having AUM (Asset Under Management) of INR 0.17 Cr with Arthmate. We have recently started working as BC partners for JLG loans of Avanti Finance (a TATA group company). Initially, Avanti has allowed us for three districts of Jharkhand. These are East Signbhum, West Singhbhum & Seraikela Kharsawan. They have allocated three more districts (Gumla, Khunti & Pakur) of Jharkhand. We are going to open 5 more branches with Avanti within this month. Based on their initial allocation, we have opened 6 branches in the mentioned geography, these are Seraikela, Chandil, Hata, Chaibasa, Chakradharpur & Jagannathpur. As of now, we have having AUM of INR 6.86 Cr with Avanti Finance. - Revenue model: We get paid on a profit-sharing basis from the interest collected. The NBFCs charge a 27% interest of which we get half of the interest received. - Most of our branches were recently opened and we now have 10 different branches with a total of 64 employees. Most of the staff are customer service officers and are overseen by the branch managers. - Being a Core team member & key managerial person (KMP) of this organization, the promoter has over a decade of sound experience from different NBFC-MFIs, across the country. - Our other core team members also have 12 to 15 years of average experience in the Financial Sector. We are going to be associated with a few more organizations (like Arohan, Annapurna, Samunnati etc) soon. - We are following 100% cashless collection & triple level verification before disbursement. Considering the situation, to enhance our business and open new branches across the country, we need at least a working capital of Rs- 1.5 Cr- 2 Cr.