Listing Details : LB-15151

Investment Required 1 Crs
Turnover N.A
Legal Entity Proprietorship
Category Used Machinery & Scrap
Sub Category Scrap Recycling
Business Listed By Business Owner

Overview

We are a plastic and metal scrap business based in Sambalpur, Odisha, seeking funding to expand operations and enhance our services. Our unique selling proposition lies in offering eco-friendly products, which positions us as an environmentally conscious venture in the recycling industry. The business employs a dedicated team of 10 employees who manage the collection, processing, and distribution of various materials, including plastic rubber, metals, and cardboard. We procure scrap from various sources such as malls and garages for metals, ensuring a steady supply of materials. Additionally, we have developed a mobile application that facilitates online orders, allowing customers to place requests for scrap materials efficiently. The scrap is then supplied to recycling agencies on an outsourcing basis, supporting sustainable recycling practices. With the growing demand for eco-friendly solutions and the increasing focus on sustainability, this business presents a high-potential opportunity for investors. The funds will be used to scale up operations, enhance the mobile app, and improve our processing capabilities, driving growth in a rapidly expanding industry.

Year of Commencement

2024

No. of Team Members

5

Current Stage of Startup

Ready-to-Launch

Business Relocatable

Yes

Purpose of Investment

Working Capital

Investor Role

Active

Previous Investment Infused

N.A

Investment Required As

Venture Funds

Proposed Deal Structure

N.A

Summarize your Idea/Business

Metal and plastic scrap along with cardboard scrap and recycling it through outsourcing

Key Highlights

Very promising business opportunity Just needed fundsfor procurement in bulk as the procurement will be on a credit basis

Future Potential

Very high

Team Overview

5 members

Competition / Market

Yes

Financial Details

Listing Details : LB-15151

Investment Required 1 Crs
Turnover N.A
Legal Entity Proprietorship
Category Used Machinery & Scrap
Sub Category Scrap Recycling
Business Listed By Business Owner

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