Businesses Seeking Loan

Based in Rajahmundry, the company specializes in providing innovative drone-based solutions tailored for industrial and commercial applications. - Focused primarily on agriculture, infrastructure, and defense sectors, the firm is positioned to revolutionize labor-intensive industries with cutting-edge technology. - The company has established strong client relationships with prestigious organizations, including Angaru University, ITC, Agri DNA, Shresta Farms, and individual farmers, demonstrating versatility in its client base. - Operating on a monthly project execution revenue model, the business efficiently capitalizes on ongoing and repeating projects, ensuring a steady revenue stream. - The firm has inked multiple Memorandums of Understanding (MOUs) with partners to expand its reach and capabilities, including a recent agreement with a defense company, indicating growth potential in this sector. - Currently handling two significant in-hand projects in defense and agricultural spraying, the company showcases its capacity to manage diverse and complex assignments. - Design and assembling is in-house but the manufacturing is outsourced. - Currently delivering 3-4 defense projects and several seasonal agricultural projects annually, ensuring a diverse project portfolio.

Nidhi company operating in Obra. - We offer savings and loan products. - Have 900+ depositors who have savings accounts with us. - We currently sign up 30 new accounts every month. - Offer 6% interest for saving accounts and 9 - 12.5% for recurring deposit and fixed deposit accounts. - We have over INR 1 crore of deposits in our accounts which is undeployed. - We primarily offer secured loans of small ticket sizes at an annual interest rate of 15.95% to individuals. - Offer loans up to 3 times of the deposit amount to businesses at an annual interest rate of 16.6% - Offer short-term working capital loans at an interest rate of 20% - The current loan book is valued at INR 1.63 crores and consists of more than 830 loans. - The loan recovery rate is 80 to 85% and has been impacted by the pandemic. - We have more than 30 freelance sales executives who sell our financial products and are compensated with commissions. - We also have several clients in the Sonbhadra district of Uttar Pradesh. - The business is debt free and is run by a promoter with 10+ years of lending experience.

We are an immigration consultancy business located in Portugal. - We process 5-6 consultancy services per day. - Most of our services are for permanent residency in Australia, Canada, and the USA. - We receive several inquiries through our website and Facebook Ads. - Also help people set up businesses in Portugal and other European countries. - Most of our clients are from the Middle East. - Promoter has 7+ years of experience in the industry. - The business only has a registration document.

Will be located next to Vrindavan Chandrodaya mandir - With a planned built-up area of over 1 lakh square feet, the hotel will feature 120 keys, catering to the needs of luxury-seeking tourists and spiritual travelers. - The strategic location of the hotel, adjacent to the Vrindavan Chandrodaya Mandir and other prominent temples, positions it as an ideal destination for individuals seeking spiritual experiences. - The hotel is set to be operated and managed by one of the largest hotel brands, ensuring high standards of service and quality in line with its luxury positioning. - The business's focus on spiritual tourism presents an opportunity to tap into a niche market, attracting travelers seeking luxury accommodations with a spiritual focus. - The planned 4-star luxury property in Vrindavan aims to capitalize on the region's growing popularity as a spiritual tourism destination, offering a unique value proposition to its target market.

1. The company is currently in the pre-revenue stage, with proof of concept (POC) and software development in progress. Hardware testing and dashboard trials are ongoing, indicating progress towards product readiness. 2. The business is focused on smart energy management solutions for retail and restaurants, leveraging IoT devices to optimize energy usage. This target market aligns with the company's goal to address energy efficiency needs in sectors such as restaurants and small hospitals. 3. The company's strategic plan includes the development of an AI system to analyze and optimize energy usage patterns of various appliances. This technology, coupled with their IoT hardware devices, positions the company at the forefront of energy efficiency solutions. 4. With potential energy savings ranging from 12% to 20%, the company's products offer a compelling value proposition to potential customers, enhancing their competitiveness in the market. 5. The company plans to outsource manufacturing, allowing it to focus on core competencies such as technology innovation and business development while leveraging external expertise for production.

Business that offers water sports and recreational activities on Eden Beach in Pondicherry. - The business operates from a 12-acre leased property with exponential revenue capacity holding different water fronts to project different streams of income. - We have land and water activities already with a beach club coming up soon on the property. - Need funds now to fuel our expansion by constructing a banquet hall and beach-view rooms on this property. - We are a registered general partnership with a partnership deed and GST certificate.

Led by promoters with 1 year of industry experience, the company has built strong relationships with key partners and stakeholders. We have signed 12 MOUs with distributors to sell our products. - Along with chips and beverages production, we also plan to sell bakery items such as biscuits and cakes, for which the manufacturing will be outsourced. - Our pricing is designed to be competitive within the market while maintaining healthy margins. - Raw materials will be sourced locally. - Our initial strategy is to sell in the retail format through our distributors and then build an online presence in six months' time. - We are Start-up India recognized and are also under the Startup Assam Incubation program. - We conducted a product survey with 100 participants, including school children and corporate professionals. While some found the taste comparable to leading brands, others rated it as superior. - Have registered as a private limited entity and have applied for an FSSAI license.

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 6,800 loans till date which amounts to nearly INR 15 crore. The business has over 2,900 registered members on the platform as of now. - Our average ticket size is between INR 25,000- 40,000 per customer. - We charge 26% of reducing interest on the loan which includes 1% processing fees. - Our EMI collection is conducted on a fortnightly /monthly 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%. - 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. - The business has been registered in Allahabad but we operate from a office in Gurgaon.