E-commerce Clothing Business Raising Funds In Surat

Listing ID: SL014106
Posted By: Owner
Last Active: 6+ months ago
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About Business

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): 25.00 K

Security Deposit (in INR): 75.00 K

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.

More 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

E-commerce Clothing Business Raising Funds In Surat

₹10 to ₹200 Cr

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