Internet Businesses Seeking Loan in Mumbai

- Mumbai-based company specializing in connecting avid buyers and available opportunities in the auction market. - Completed 18 auction collaborations with auctioneers worldwide. - Done over 900 global auction participation to date. - Promoters have a cumulative experience of 13.5 years. - Active participant in the auction industry for the last 10 years. - Capital raised as of 31st March 2022 stands at INR 14 crore. We have serviced INR 5.25 crore and our current capital stands at INR 8.75 crore. - Technologically backed process of procurement and sale of auction-worthy items. - We are in the process of accumulating new assets for auction. As a result, our revenue has dropped. Need funds for the same reason. - We generate revenue by selling auction-worthy items to customers for a profit and facilitating auction services through collaborations. - Business has no loans or liabilities. - Company has 2 partners with equal shares.

- We rent furniture and appliances to our customers in Mumbai. - We have been operational for a year. - On average provide the products to 4-5 customers monthly. - Receive 20+ inquiries each month for the product rentals. - We rent the products for either 6 months or 12 months. - Also take a deposit amount for the products rented. - Have purchased the products from vendors. - We get clients for our website through the broker and digital marketing.

- Company is into production of movies, web series, development, and distribution of high-quality media content. - We plan to develop a social networking platform. - The work for the app development will be outsourced. - The application development work has not yet started and is in the idea stage. - Have been working on a film for the past 3 years which will be released this year. - We intend to make a new app that will be aligned towards the prime minister's drive towards Digital India and Technology. - We have 10 employees who work on a contract basis. - App will be based on uploading photographs mainly along with other media. - Portal will allow users to upload photographs, follow people, and connect with them. - It will be convenient to use, easily accessible. - Target to connect 50 crore people within 1 year from when we kick start operations. - Revenue will be generated from advertisements on the portal.

- Currently building our own E-commerce website. - The website will be live to the public in two weeks. - Intend to sell general consumer goods, apparels, home appliances, electronics and furniture. - We will be adding in more products as we scale. - Have already built the platform and have on-boarded 75+ vendors. - Have tied up with Delhivery for shipping products across the country. - The company also intends to sell apparel under it's own brand and intends to outsource manufacturing to 3rd parties. - Also plans to setup offline stores for apparel retail.

- Online sellers of first copy t-shirts and based out of Mumbai. - Currently, we have 2 vendors in Mumbai. - We sell products on Amazon, OLX and through WhatsApp. - On a weekly basis, we get around 8 orders.