Handicrafts Platform Raising Funds In Thiruvananthapuram
About Business
The business is being developed as a direct-to-consumer retail platform focused on handicrafts, handmade products, home décor items, and lifestyle goods. The main idea behind the venture is to create a reliable platform where artisans, manufacturers, and suppliers can directly reach customers through organized online retail operations.
The company will begin with an e-commerce model and plans to gradually expand into offline retail stores and distribution channels in the future. The focus is on offering unique and culturally inspired products that combine traditional craftsmanship with modern customer preferences.
Business Model and Supplier Network
The company will source products from artisans and manufacturers across different regions and sell them through its own retail platform. Manufacturing activities will remain with the suppliers, while the company will manage branding, packaging, warehousing, inventory handling, and customer order fulfillment.
Apart from sourcing products, the business also plans to work closely with suppliers by helping them with product selection, design ideas, packaging improvements, and understanding changing market demand. This approach is expected to help maintain product quality and improve customer appeal.
Product Categories
The business will offer products across multiple categories, including:
Handicrafts and artisan products
Handmade lifestyle goods
Home décor items
Traditional craft products
Gifting products and accessories
Cultural and decorative items
The product range is being planned to suit both everyday buyers and customers looking for premium handmade or gifting products.
Current Business Status
The venture is currently in the pre-launch stage, and operational preparations are already in progress. The company has completed the development of its e-commerce website, which is ready for launch.
Supplier onboarding activities are ongoing, with plans to build a network of around 100 to 200 artisan and manufacturing partners. The company aims to launch with a catalog of more than 1,000 products across different categories.
At present, work is also underway on warehouse setup, inventory planning, packaging arrangements, and backend operational systems. A dedicated core team is already working full-time on the project, and the company plans to expand its workforce gradually as the business grows.
Clientele type
The business will cater to both domestic and international customers with demand for traditional handicraft products.
Premises
Currently, the operations are being managed remotely.
Asking Price Includes
The total funding requirement is INR 4 Cr., with the company currently open to raising INR 1 Cr. in the first phase of investment. Further details will be shared with potential investors.
Asking Price
INR 1.00 Cr
Minimum ticket size
INR 1.00 Cr
Reason
The founder is seeking investment to commence business operations.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
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