Investment Required | 5 Crs |
Turnover | N.A |
Legal Entity | Proprietorship |
Category | Internet & Technology |
Sub Category | E Commerce |
Business Listed By | Founder |
An E-commerce business of Home furnishing products which is based in YamunaNagar, Haryana is seeking funds to re-establish their manufacturing unit under our own brand name. As of now we have our office which is on rental basis and the rental that we are having is Rs 40,000. Previously we had a tie up with E-bay for the same but due to some conflicts we have back out from their partnership and now we want to re-establish the same with our own manufacturing unit. We will be specialised in exporting our products to USA, UK and Australia. Previously We have been exporting Home Furnishing products to US, UK & Australia through eBay.com & have achieved a turnover of Rs. 100000.00 (One Lakh) per day OR 1200-1500 $ per day. But for establishing our own manufacturing unit and then the export of same, we require the capital and because of our expertise in this we are planning to operate on larger level from the start only. It is estimated that from the investment we require, we will be able to generate 30 crores of turnover on annual basis.
2012
3
Closed
Yes
Financial ()
Management
Leased
40 Thousand
5 crores of funds with 49% of equity dilution
Yes in USA, UK & Australia
Home Furnishing Products like Bedsheets, Duvet Cover, Pillow Cover, Runners, Bed Skirts, Curtains, Duvets, etc.
US market alone has a net sales revenue of these products around Rs 1.50 Lakh Crores
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Investment Required | 5 Crs |
Turnover | N.A |
Legal Entity | Proprietorship |
Category | Internet & Technology |
Sub Category | E Commerce |
Business Listed By | Founder |