Betel Nut Import Business Raising Seed Funding In Ahmedabad
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About Business
Import of betel nut from Africa and the Philippines for supply to the domestic pan industry, where demand remains consistent.
Business Model
Bulk import and sale through monthly trade cycles. Each shipment is executed based on supplier sourcing and confirmed buyer demand.
Investment Requirement
Around INR 20 crore is required per shipment, covering procurement, logistics, and duties.
Founder’s Background
The founder has 7–8 years of experience with the Directorate of Revenue Intelligence (DRI), with a strong understanding of customs and import processes.
Founder’s Contribution
20% of the total investment will be contributed by the founder.
Clientele type
The founder already has connections within the pan masala industry and will leverage these relationships to secure a primary customer.
Premises
The premises will be taken on rent once operations begin.
Asking Price Includes
The terms will be finalized in discussion with potential investors. The founder is open to bringing in multiple investors, given the total funding requirement of INR 20 crore.
Reason
The founder has existing connections in this segment and aims to leverage them, and is therefore seeking investors to initiate the business.
Licenses
Need to incorporate company and IEC will be applied new
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
Supported by Advisors with 26+ Years of Experience
