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HR Consulting Company Seeking Loan in Bhawanipatna, India

Business in Odisha providing employment and HR services across 13 districts seeks funding for expansion.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 220 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin 40 %
Industries HR Consulting + 1 more
Locations  Bhawanipatna
Local Time 7:56 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 600 thousand for 14.0% annual interest, 5 years (Native Currency: INR 50,000,000)
Reason: Seeking funds to expand the business to other cities and districts of Orissa.
Collateral Available: USD 0
Includes physical assets worth USD 6.6 thousand
Interested to connect with advisors
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Business Overview

- Company located in Odisha offering employment services for job seekers such as interview scheduling and training, soft skills training etc. across various sectors including retail, IT, and healthcare.

- Has enrolled 1,500 candidates and successfully placed 500 individuals in jobs since inception.

- Has established operations across 13 districts in Central and Western Odisha.

- The revenue model includes charging a minimum of INR 2,000 for initial pre-placement employment services, and post placement, the company charges approximately 5% of the candidate's monthly salary from the hiring organization for a period of 6 months to 1 year.

- In addition to staffing services, the company provides HR-based services for organizations, including curating HR policies, salary structure, manpower planning & modeling, and sourcing systems.

- The company has provided HR services to 10 organizations across Odisha and operates on a revenue model that is either project-based or one-time service-based, with charges ranging from a minimum of INR 3,000 for one-time service to INR 30,000 per project.

- The business is MCA and GST registered.

Products & Services Overview

Employment services for job seekers such as interview scheduling and training, soft skills training etc. across various sectors including retail, IT, and healthcare.

Charge a minimum of INR 2,000 for initial pre-placement employment services, and post-placement, the company charges approximately 5% of the candidate's monthly salary from the hiring organization for a period of 6 months to 1 year.

In addition to staffing services, the company provides HR-based services for organizations, including curating HR policies, salary structure, manpower planning & modeling, and sourcing systems.

Operates on a revenue model that is either project-based or one-time service-based.

Assets Overview

Physical assets include office equipment such as furniture, computers, laptops etc.

Intangible assets are customer database, employees, registrations etc.

Facilities Overview

Currently, operating from 13 rented offices across Central & Western Odisha such as Bhawanipatna, Puri, Bhubaneshwar etc.

Capitalization Overview

There are 20 angel investors in the company.

No outstanding loans or liabilities.

There are 2 shareholders in the company with 80-20 ownership each.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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