1. Businesses
  2. Retail/Wholesale
  3. Andhra Pradesh
  4. Nellore
  5. SL031357
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Established Jewellery Business Raising Funds In Nellore

Listing ID: SL031357
Posted By: Owner
Last Active: 1 week ago
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About Business

The business was engaged in purchasing old, unused, or unwanted gold from individual customers and offering instant cash against gold. It provided a customer-facing platform where individuals could sell their gold through a transparent valuation process, enabling them to convert idle gold assets into immediate liquidity. The business focused on fair pricing, professional handling, and a convenient selling experience.

Operations and Market

The company operated in the organized gold-buying segment, catering primarily to individuals seeking quick liquidity through the sale of their gold without lengthy procedures. Its operations were built around trust, transparent valuation, accurate gold assessment, and prompt payment to customers.

Current Status

The business has remained dormant for the past three years due to cash flow constraints. As a result, operations were suspended, and the promoter is now seeking investment to revive the business, restore operations, and support future growth.

Clientele type

• Individual retail customers purchasing gold and jewellery products.

• Families buying jewellery for weddings and special occasions.

• Repeat customers from the local community.

• Customers seeking investment-grade gold products and ornaments.

Premises

The office will be on lease.

Asking Price Includes

The stake offered will be discussed and finalized with potential investors

Asking Price

INR 20.00 L

Minimum ticket size

INR 20.00 L

Reason

The company is seeking ₹20 lakh in growth capital to strengthen working capital, improve cash flow cycles, and support the revival and expansion of business operations.

Keywords

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Business Tags

Established Jewellery Business Raising Funds In Nellore

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

Contact IBGrid Team

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