Electronics Products Distributor Raising Funds In Varanasi
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About Business
The company is a well-established distributor operating in Banaras and nearby areas. It has built a strong presence in the electrical and electronics segment with multiple agencies and a wide product portfolio.
Agency & Product Portfolio
- Holds agency for Switch n Gear products
- Distributes LED lights as a super stockist
- Distributes RR Cables
- Holds agency for JM Company products
- Total of 5 agencies covering electrical and electronic items
- Products include Switches & Gears, LED lights, electronic appliances, and wires & cables.
Market & Reach
The business caters to retailers, contractors, and commercial clients in Banaras and surrounding areas. It benefits from strong relationships with suppliers and a growing demand for electrical and electronics products.
Investment Opportunity
The business offers an opportunity for investors to partner in an established distribution network with multiple agencies, a diverse product range, and strong market presence. Expansion into new areas or product lines can drive growth and revenue.
Clientele type
The business primarily serves over 100 retailers in the region.
Premises
LEASED
Lease per month (in INR): 18.00 K
Security Deposit (in INR): 0.00
Carpet Area: 2,000 sq ft
Asking Price Includes
Transaction terms to be finalized with interested investors.
Asking Price
INR 1.00 Cr
Minimum ticket size
INR 50.00 L
Reason
The business plans to expand by adding more stockist agencies and increasing its retail network from 100 to 500 clients, and is therefore seeking funds to support this growth.
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
