Electronics Store Seeking Loan in Bangalore, India

Upcoming consumer electronics company with its own brand name and an OEM tie-up for manufacturing.

Established	1-5 year(s)
Employees	10 - 50
Legal Entity	Private Limited Company
Reported Sales	USD 360 thousand
Run Rate Sales	USD 360 thousand
EBITDA Margin	10 %
Industries	Electronics Stores
Locations	Bangalore
Local Time	6:52 PM Asia / Kolkata
Listed By	Business Owner / Director
Status	Active

6.8 / 10

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Seeking Loan

USD 120 thousand for 15.0% annual interest, 2 years (Native Currency: INR 10,000,000)

Reason: - To expand the business and increase brand visibility. - Launch more SKUs with cutting-edge techno... View More

Collateral Available: USD 0

Includes physical assets worth USD 250 thousand

Name, Phone, Email

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Business Name

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User Verification

Documents

ROC-Verification.pdf (66.2 KB)

Business Overview

We have a presence across south India through offline sales distribution and online marketplaces like Amazon, Flipkart, other D2C websites, and our own website.

85% of sales are from offline channels while 15% are from online. We conduct the R&D for our products and have tied with an OEM for production.

Products & Services Overview

We sell wired earphones, wireless earphones, smartwatches, data cables, power banks, TWS, speakers, headphones, and all other types of consumer electronics.

Assets Overview

Tangible assets - laptops and electronics worth INR 10 lakh and product stock worth INR 2 crore.

Facilities Overview

We are in a co-working space in Bangalore area with the operations team.

Capitalization Overview

We have one CGTMSE loan of INR 50 lakhs and another business loan of INR 25 lakhs. We have 2 equal shareholders.

Recent Activity

Earlier than 15 days
Founder, Mumbai, Financial Consultant connected with the Business
Earlier than 15 days
Founder, Mumbai, Financial Consultant connected with the Business
Earlier than 15 days
Proprietor, Chemical, Mumbai, Individual Investor / Buyer connected with the Business

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Electronics Store Seeking Loan in Bangalore, India

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