6.6 / 10
 Hubballi

Manufacturer of cotton-based biodegradable packaging business looking to automate production and upgrade machinery.

Key Business Facts
Yearly Sales USD 70 thousand
EBIDTA Margin 15 %
Industries Textile Packaging
Locations  Hubballi
Business Overview
- We are manufacturers of cotton-based biodegradable packaging material.
- Currently making 15 to 20 bags per day but once we automate production the amount produced per day would be in thousands.
- The material is mainly used in the food and beverage industry for food packaging.
- Have 7 to 8 clients in Karnataka and we would be looking to expand internationally in the future.
- Promoter is a scientist with 7 years of experience who has researched and developed the product himself.
- Company's physical assets include the land and building used for manufacturing.
Products & Services Overview
We manufacture cotton-based biodegradable packaging material mainly used in food packaging.
Assets Overview
This is the world first nano fertilizer with 20+ constituents at nano level there is no competition for this product in the market.
Seeking Loan
USD 240 thousand for 10.0% annual interest, 7 years (Native Currency: INR 20,000,000)
Reason: Looking to set up automated production machinery and increase our daily production.
Collateral Available: USD 120 thousand
Includes physical assets worth USD 120 thousand
Interested to connect with advisors
In talks with 2 Investors
Contact Business