E-commerce Handloom Business Raising Funds In Bangalore
About Business
The company offers handmade clothing made from 100% natural fibers, designed in a contemporary style to appeal to millennials and promote Indian handloom. Currently operating as an e-commerce platform, the business has recently established an office in a mall, with plans to open its own showroom and expand through handloom store franchising.
Clientele type
The company currently sells its products on online marketplaces in India, the US, and Canada, and is registered with platforms such as Amazon, Flipkart, and JioMart. Its brand has been selected for Amazon Launchpad, and its associated trust is approved for listing on Amazon Karigar. Going forward, the company plans to focus primarily on sales through its own website to strengthen direct-to-consumer engagement.
Premises
LEASED
Lease per month (in INR): 25.00 K
Security Deposit (in INR): 1.00 L
Carpet Area: 450 sq ft
Asking Price Includes
Asking Price Includes:
1% equity available for INR 1 lakh
Up to 49% of total equity available for sale
Further details regarding the equity structure can be discussed during a meeting.
Asking Price
INR 49.00 L
Minimum ticket size
INR 25.00 L
Reason
The company plans to expand by adding more SKUs sourced from across India and by launching a franchise model to grow its retail presence.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
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