Crypto Businesses Seeking Loan in Bengaluru

The business operates in the crypto industry. - The platform will buy crypto in bulk orders and then will let users buy it back from them at a lower price as compared to the other exchanges. - The location of the business is in Bangalore, a thriving tech hub in India, providing access to a skilled workforce and a supportive business environment. - The crypto-related product is designed to enable users to purchase crypto at a lower cost, providing a competitive advantage in the market. - Revenue generation is primarily through platform charges, offering a clear and sustainable business model. - During the testing phase, the business has shown promising results, with a revenue generation of over INR 4 crore. The beta testing is currently on hold, and the business is not generating any revenue at the moment. - The B2C segment has already attracted over 300 customers, demonstrating initial market traction and potential for growth. - The business is in the process of obtaining government approvals, indicating a commitment to compliance and regulatory standards, with an expected go-live date in the next financial year.

The business operates in the crypto industry. - The platform will buy crypto in bulk orders and then will let users buy it back from them at a lower price as compared to the other exchanges. - The location of the business is in Bangalore, a thriving tech hub in India, providing access to a skilled workforce and a supportive business environment. - The crypto-related product is designed to enable users to purchase crypto at a lower cost, providing a competitive advantage in the market. - Revenue generation is primarily through platform charges, offering a clear and sustainable business model. - During the testing phase, the business has shown promising results, with a revenue generation of over INR 4 crore. The beta testing is currently on hold, and the business is not generating any revenue at the moment. - The B2C segment has already attracted over 300 customers, demonstrating initial market traction and potential for growth. - The business is in the process of obtaining government approvals, indicating a commitment to compliance and regulatory standards, with an expected go-live date in the next financial year.