Nutrition Food Businesses Seeking Loan in Chitradurga

Business located in Chitradurga, focusing on health care, home care, FMCG (Fast-Moving Consumer Goods), and bio-agriculture products. - The business commenced operations in January of this year and has successfully generated INR 2.29 crore in revenue over its first 11 months. - Manages branding and formulation of products in-house but relies on third-party manufacturers and warehouse services, eliminating inventory holding costs. - Currently, the business is not yet profitable but has plans to achieve breakeven within the next 1-2 years through strategic growth. - The sales network includes over 2,000 distributors spread across Karnataka, with a commitment to daily supply frequency to ensure product availability. - Future expansion plans include establishing its own franchisees and extending operations into more than 9 additional states in India. - Registered with the Ministry of Corporate Affairs (MCA) and has received recognition from Startup India. The company also holds FSSAI licenses and has applied for GMP (Good Manufacturing Practice) and IEC (Import Export Code) certifications.

Business located in Chitradurga, focusing on health care, home care, FMCG (Fast-Moving Consumer Goods), and bio-agriculture products. - The business commenced operations in January of this year and has successfully generated INR 2.29 crore in revenue over its first 11 months. - Manages branding and formulation of products in-house but relies on third-party manufacturers and warehouse services, eliminating inventory holding costs. - Currently, the business is not yet profitable but has plans to achieve breakeven within the next 1-2 years through strategic growth. - The sales network includes over 2,000 distributors spread across Karnataka, with a commitment to daily supply frequency to ensure product availability. - Future expansion plans include establishing its own franchisees and extending operations into more than 9 additional states in India. - Registered with the Ministry of Corporate Affairs (MCA) and has received recognition from Startup India. The company also holds FSSAI licenses and has applied for GMP (Good Manufacturing Practice) and IEC (Import Export Code) certifications.