Handicrafts Platform Raising Funds In Thiruvananthapuram
About Business
The business is being established as a B2C platform focused on handicrafts, lifestyle products, home décor items, and handmade consumer goods. The company aims to connect artisans, manufacturers, and suppliers directly with customers through an organized online and offline retail model.
The venture is currently in the pre-launch stage, with the website completed and initial operational activities already underway.
Business Model
The company will function as a sourcing and retail platform for handcrafted and artisan-based products. Products will be sourced from manufacturers and suppliers and sold directly to customers through the company’s e-commerce platform and future offline outlets.
The business will also work closely with suppliers by providing support in product selection, design development, and market-driven product planning based on customer preferences.
Product Categories
The company will operate in the following categories:
- Handicrafts & Lifestyle Products
- Handmade Consumer Goods
- Artisan & Cultural Products
- Home Décor & Gift Items
- Traditional Craft Products
- Handmade Retail & E-commerce Products
Supplier Network
The business is developing a supplier network of nearly 100 to 200 manufacturers and artisan partners. The platform is expected to offer over 1,000 products across various categories.
Manufacturing activities will be managed by the suppliers, while the company will handle:
- Product sourcing
- Design support
- Branding and packaging
- Warehousing
- Order fulfillment
- Online sales operations
Operations Status
The business is currently in the setup phase, and several operational activities are in progress, including:
- Product sourcing and procurement
- Warehouse setup
- Supplier onboarding
- Packaging arrangements
- Inventory management planning
The website has already been developed and is ready for launch.
Team
A dedicated core team is already working full-time to begin operations. The company also plans to recruit approximately 40 additional employees as the business expands.
Growth Plans
The company plans to initially focus on online sales through its e-commerce platform and later expand into offline retail operations in selected locations.
The long-term plan is to build a scalable retail and distribution network for handicraft and lifestyle products while creating organized market access for artisans and suppliers.
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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