E-commerce Clothing Business Raising Funds In Surat
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Product / Service
We sell 8 types of socks on flipkart only.
Clientele type
We sell only on Flipkart, we receive about 12,000 orders a month.
Premises
LEASED
Lease per month (in INR): 25,000
Security Deposit (in INR): 75,000
Carpet Area: 1,100 sq ft
We use it as our operations centre and storage unit and we can store more than 1 lakh pair can be stored here.
Asking Price Includes
We can discuss the terms of transaction with potential investor.
Reason
I started this business as a side hustle but I did not expect such high growth in much less time and I do not have enough working capital to sustain the business without raising funds or business exit.
Other Details
The company was established in June 2022 as a part-time venture by the founder. Over the course of 6 months, the company has generated approximately INR 2 crore in revenue. However, despite a significant increase in demand, the company is unable to fulfill a large volume of orders due to limitations in working capital. The industry's standard credit period of 30 days further compounds this issue. The company currently employs four team members for order packaging and two team members for administrative and operational tasks.
Business Tags
₹10 to ₹200 Cr
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