Patented Shelf Divider Business Raising Funds In Chennai
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About Business
They have developed patented rear-mounted ratcheting shelf dividers for Supermarkets in the USA.
It is a simple shelf divider that separates one product from the item next to it.
This is essential in all retail markets. An increased demand for many varieties of products has grown tremendously over the years. Most markets have shelves packed with thousands upon thousands of items. Most of these items only get one row. It is not uncommon for stores to carry over 70,000 varieties of items.
They have developed a retail shelf divider that will keep merchandise straight and separated on retail shelves.
The divider has a patented feature that is unique in the industry.
While dividers are common, this design has a rear mount ratchet head with an insertable flat ribbed hook that allows it to latch securely onto the back of all store shelves.
This unique divider also features a small patented flat surface on the rear bottom of the divider to keep the divider stable and upright. This prevents the divider from falling over when there is no support from the product next to it.
This flat back also allows the product to sit on, creating extra support for the divider.
Because of this innovative feature, the divider does not need to come to the front of the store shelves. The customer does not need to know it's there. All problems with item separation occur at the rear part of the shelf.
Clientele type
They will be supplying to major supermarkets in the US
Premises
They are yet to finalize the manufacturing premise.
Asking Price Includes
The terms of the transaction will be discussed with potential investors.
Asking Price
INR 25.00 Cr
Minimum ticket size
INR 10.00 Cr
Reason
They founders have been in the US and had have a network of multiple supermarket chains, and they have received a positive response from them. They are now planning to start a manufacturing unit for the product and export it to the US.
More Details
The co-founder brings 33 years of experience in the supermarket industry and they have created a reputation among the various supermarket chains.
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₹10 to ₹200 Cr
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