Online Trading Business Raising Funds In Gangarampur
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Product / Service
The company sells a diverse range of products on e-commerce platforms, including bike accessories (helmets, gloves, facemasks, etc.), raincoats, gift items, imitation jewelry, generic products, electrical and electronic products, clothing, apparel, and more. Currently, only a few products are listed on the e-commerce site as operations have just begun. The founders are working to expand the product range and list all items on various e-commerce platforms.
Clientele type
E-commerce and IT, Electrical and Mechanical and Civil Industries work
Premises
LEASED
Lease per month (in INR): 11.00 K
Security Deposit (in INR): 30.00 K
Carpet Area: 1,100 sq ft
Asking Price Includes
The terms of the transaction will be discussed with potential investors.
Asking Price
INR 35.00 L
Minimum ticket size
INR 20.00 L
Reason
The founders are actively working to expand the business. Operations have already begun, and they are now seeking funds to implement their strategies. These strategies include adding stock for a wider range of products, getting listed on various e-commerce platforms, and securing funds to cover routine expenses.
Other Details
The company is currently operating with two directors and has significant potential for future growth. They provide high-quality services and products, with a strong focus on addressing India's unemployment issue through guidance and support. Their goal is to rapidly expand by establishing multiple branches.
The operations are set to begin in March 2024, and the company is in its startup phase. The founders are actively seeking investors to meet working capital requirements and support expansion. They have a well-defined strategy to source products directly from manufacturers and sell them through e-commerce platforms. With in-depth knowledge of reducing costs on e-commerce sites, they are poised to increase overall sales and drive profitability.
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₹10 to ₹200 Cr
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