Handloom Business Raising Funds In Panipat
About Business
Business Overview
The company has been engaged in the wholesale trade of bedsheets and doormats for the past three years. Operations are managed from a small warehouse on a rental basis, with a monthly rent of ₹6,000.
Product Focus
The business primarily deals in handloom products and offers a range of 15 product types with 10 to 12 design variations. Raw materials are sourced from Panipat, a recognized hub for textile manufacturing.
Operations
While the core business has been wholesale, the company has recently expanded into online retail. It maintains an active seller profile on IndiaMART and fulfills offline orders from its warehouse facility.
Funding Requirement
The promoter is seeking funds to scale the business, with a specific focus on marketing and brand-building initiatives to grow its online presence.
Manufacturing Strategy
Depending on the volume of future deals, the company is open to third-party manufacturing partnerships to support scalable production.
Clientele type
Mainly nearby residents are the main clients.
Premises
LEASED
Lease per month (in INR): 6.00 K
Security Deposit (in INR): 6.00 K
Carpet Area: 400 sq ft
Asking Price Includes
The terms of the transaction will be finalized through discussions with interested investors.
Asking Price
INR 5.00 L
Minimum ticket size
INR 2.50 L
Reason
To support this initiative with structured marketing and promotional activities, the founder is seeking external funding.
More Details
The business is being managed by 3 staff members.
Keywords
Business Tags
₹10 to ₹200 Cr
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