6.4 / 10
 Bhawanipatna

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

Key Business Facts
Yearly Sales USD 220 thousand
EBIDTA Margin 40 %
Industries HR Consulting
Locations  Bhawanipatna
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.
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.
Assets Overview
Physical assets include office equipment such as furniture, computers, laptops etc. Intangible assets are customer database, employees, registrations etc.
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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