Snack Manufacturing Businesses Seeking Loan in Madhubani

High-capacity foxnut (makhana) processing plant, currently seeking bridge funding to accelerate construction and seize opportunities in the upcoming harvest season. - The business is in the pre-revenue stage; machinery procurement and operational launch are yet to begin, but registration has been successfully completed. - Founded by an experienced entrepreneur deeply rooted in the Mithila Makhana belt, the leadership team combines local sourcing expertise with a modern trade vision, leveraging a family business legacy in the region. - Strategic machinery partner: Partnering with Blacknut Engineering, a leader in food processing technology, to secure a full processing line that will enhance production efficiency. - Banking partner: Engaging in project appraisal with State Bank of India (SBI), which has sanctioned a term loan in principle under the central PMFME Scheme, facilitating financial support for development. - Revenue model: The brand aims to generate revenue through a diversified model: (i) 60% from B2B sales of processed fox nuts to urban wholesalers and exporters in major cities like Delhi and Mumbai. (ii) 30% from high-margin B2C retail sales of flavored snacks under the own brand. (iii) 10% through white-labeling for established health food brands. - Awards and recognition: Recognized under the PMFME Scheme (One District One Product), eligible for a 35% subsidy, thus improving financial feasibility and market positioning. - Institutional support: Selected for industrial land allotment at the Lohat Food Processing Cluster, the largest Makhana hub in Bihar, enhancing operational capabilities and distribution reach. - Client base: Actively negotiating with 3 major exporters for a 100% buyback of the first production cycle, while establishing a distribution network in Tier-1 cities to expand market presence. - The business is registered with the MCA in Bengaluru; however, the processing facility and operations will be located in the BIADA Lohat Industrial Area, Madhubani, Bihar.

Business engaged in the manufacturing of makhana. - We are planning to expand our manufacturing business for all kind of dry fruits. - Last year, the business has a turnover of INR 1crore. - The promoter has 5 years of experience in this industry.

Business engaged in the manufacturing of makhana. - We are planning to expand our manufacturing business for all kind of dry fruits. - Last year, the business has a turnover of INR 1crore. - The promoter has 5 years of experience in this industry.