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    Online Marketplace Businesses Seeking Loan in Mumbai

    Showing 1 - 1 of 1 Online Marketplace Businesses Seeking Loan in Mumbai. Lend to an Online Marketplace Business.

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    Art Gallery Seeking Loan in Mumbai, India

    Closed-ended auction company connecting elite clientele and global auction markets seeks funds for expansion.
    - 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.
    Closed-ended auction company connecting elite clientele and global auction markets seeks funds for expansion.
    8.6   Mumbai
    Run Rate Sales
    USD 130 thousand
    EBITDA Margin
    12 %
    Business Loan
    USD 240 K at 18%
    Contact Business

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