6.2 / 10
 Mumbai

Company with branded clothes made of hemp and other natural fibers seeks investment to restart.

Key Business Facts
Yearly Sales Nil
EBIDTA Margin Nil
Industries Women's Clothing
Locations  Mumbai
Business Overview
- India's first hemp jeans maker and India's first hemp woman entrepreneur.
- We were listed as one of the top 3 companies of hemp products.
- We used to generate INR 40 lakh revenue per annum before the pandemic and now we want to restart the operations.
- Participated in many exhibitions, listed on amazon USA, Mexico, and Canada.
- Developed a healthy import cycle for fabric. Created an export channel to such countries.
- Have a lot of orders ready from earlier clients so looking to restart soon.
- Manufacturing was outsourced to other producers.
- We will mainly focus on B2B sales and wholesale due to high volume business.
- Had export orders but due to Corona, it was cancelled.
Products & Services Overview
We used to produce women's hemp office wear, women's hemp jeans, hemp innerwear for women, and hemp t-shirts for men & women.
Capitalization Overview
Bootstrapped till 2018-19. Took a stand up India loan of INR 40 lakhs to grow business during the pandemic. Currently, the debt of INR 12 lakhs is outstanding. Business has two directors.
Assets Overview
Business has only intangible assets: Trademarked logo, website and brand name.
Partial Stake Sale
USD 60 thousand for 50.0% stake (Native Currency: INR 5,000,000)
Reason: To restart the operations, manufacture new products and expand to other countries.
Interested to connect with advisors
In talks with 3 Investors
Contact Business