7.8 / 10
 Sangli

Newly established company seeks funds to develop a project for algae cultivation.

Key Business Facts
Yearly Sales Nil
EBIDTA Margin Nil
Industries Agriculture Support
Locations  Sangli
Business Overview
- Our company has recently started and we are planning to develop a business for algae cultivation and to process it to a powder form known as spirulina, which is protein-rich.
- We have already procured the seeds for cultivation from 3 suppliers.
- The cultivation will be done on over 7 acres of non-arable land (salinization/salty land) of farmers to create an extra income from their non-performing lands. We have been in touch with farmers for the same.
- We plan to sell the raw form of spirulina as a powder product as well as in the forms of tablets, capsules, flakes, and phycocyanin extract that has medical and medicinal properties and is used as a nutritional supplement.
- There is a high demand for spirulina in agriculture, animal feed, fisheries, cosmetics, food and beverage, and nutraceuticals sectors.
- The promoter has 30 years of experience from different sectors such as FMCG, stock markets, financial market, real estate, and exploration & mining sector and has been an MD for a gold and graphite mining company.
- The promoter took practical training in spirulina cultivation farm.
Products & Services Overview
Spirulina in the forms of powder, tablets, capsules, flakes, and phycocyanin extract.
Assets Overview
Currently, the project is in the idea and seed capital funding stage and does not own any physical assets.
Partial Stake Sale
USD 178 thousand for 45.0% stake (Native Currency: INR 15,000,000)
Reason: Promoter requires funds for capital expenditure and the working capital requirement to start the pro... View More
Interested to connect with advisors
In talks with 3 Investors
Contact Business or Enquire on WhatsApp