Ecommerce & Retail Business Raising Funds In Trivandrum
Email
Phone
Google
LinkedIn
Facebook
Product / Service
It is an ecommerce store that has 2 experience center as well. They sell, handlooms, handicrafts, arts, spices, and organic food.
Clientele type
They have 2000+ online customers. We focus on the tier 1 & tier 2 cities urban population who wants to buy traditional and village products.
Premises
They have two retail stores in Banglaore and Thrissur. Both are leased.
Asking Price Includes
The terms of transaction will be discussed with potential investors.
Asking Price
INR 50.00 Lac
Minimum ticket size
INR 5,000,000 (INR 50.00 Lac)
Reason
The promoters are looking to raise funds for further expansion of the business.
Other Details
It is a one-stop-shop for all Kerala traditional products. The platform aims at providing a hassle-free and enjoyable shopping experience to shoppers across the country with the widest range of handlooms, handicrafts, arts, organics & spices from Kerala.
They have a total of 2000 customers on their platform. The business has a growth rate of 40%.
The business has 3 promoters in the business where Promoter 1 has 18+ years of IT and retail domain experience, Promoter 2 has 16+ years of experience in retail business administration and operations in India and UAE, and Promoter 3 has 7+ years of experience in Business Accounting and Finance.
They receive 60% of their revenue from online channels and 40% revenue from the offline channels.
They receive 120-200 orders per month.
The platform has 47 sellers with selling more than 2300 active items.
The brand is making a conscious effort to bring the power of Kerala's authentic products to shoppers with an array of the latest and trendiest products available.
The business was started with a retail store at Thrissur exclusively for Kerala handlooms in 2015. They launched the e-commerce website in 2016.
Keywords
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Share your ProposalYou may also like
Verified
{{listing.title}}
Frequently Asked Questions
How to contact a business opportunity?
Click on CONTACT BUSINESS button on the business opportunity page to get
connected. This allows you to gain access to contact details of opportunity
in exchange with your details.
Please note, getting contact detail of a business is called an introduction
and each membership plan has different introduction credits. If you do not
have any introduction credit in your account, you can neither connect nor
get the contact details of that business opportunity.
How does IndiaBiz verify the business information?
Business opportunity is either posted by the business owner or advisor.
After which, our team checks the information for completeness, language and
accuracy. Once the basic checks are met; only then the opportunity is
published.
We also get users feedback for the opportunities they contact and based on
their feedback, the opportunity maybe put on HOLD till further
clarification. Many opportunities are not published when it does not pass
through our internal procedure checks.
We sincerely request you to carry out complete due diligence before taking
the transaction ahead. In addition, the contact details of the business are
verified via phone / email.
What support can I expect from IndiaBiz?
Based on your membership plan you can get email/ phone/ online support
for communication with the other side, account queries, etc.
If you are looking for a specific type of business opportunity - our
Assisted Buying services can be useful.
Our Advisory team also provides support related to business valuation,
business plan documents, franchise expansion plan at a fee. Contact sales
team for more details on your requirements.
Click here to see how it works
