E-commerce Apparel & Snacks Platform Raising Funds In Kannur
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About Business
This is an e-commerce business dealing in apparel and packaged snack products, catering mainly to customers in Kerala and other Tier 2 and Tier 3 towns. The idea is to offer a reliable online shopping option with better control over product quality and delivery experience.
Product Offering
The platform offers clothing for men and women, which is directly sourced and managed. In addition, it sells snack items that are supplied through a related in-house setup, with plans to scale production over time. This mix helps create a differentiated product base.
Technology and Platform
The business currently operates through an Android application that has already been developed and tested. Work on the web portal is underway, and there are plans to introduce an iOS version to reach a wider set of users.
Current Traction
The platform has around 150 users who are actively using the application. This early traction has helped in testing the concept and understanding customer preferences.
Background and Setup
The business is built by a founder with experience in technology and digital solutions, including application development. This has helped in setting up the platform in a cost-effective manner without heavy initial investment.
Growth Plan
The immediate focus is on improving visibility through marketing, expanding the product range, and strengthening the technology platform. Building the web portal and launching the iOS app are key next steps, along with increasing user adoption.
Investment Requirement
The business is looking to raise funds to support marketing efforts, further platform development, and expansion of products, with a strong focus on improving the overall e-commerce experience.
Clientele type
The primary customer base will be e-commerce app users across India.
Premises
LEASED
Lease per month (in INR): 5.00 K
Security Deposit (in INR): 15.00 K
Carpet Area: 500 sq ft
Asking Price Includes
The offering to investors includes either a 12–15% return or up to 20% equity participation as part of the transaction.
Asking Price
INR 20.00 L
Minimum ticket size
INR 20.00 L
Reason
Additional capital is needed to broaden the product range, maintain steady stock levels, and support the transition to a fully operational e-commerce business.
Licenses
Trade license, GST, Udyam
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
