Products/Service

The business was started by the end of 2014 as a private limited business. It is located in Mumbai with 5 employees working in the business. It is an import and export business of home decor, lifestyle, and personal accessories. They import the products from China, Korea, and Malaysia and export it to the USA and domestic market. The business has a warehouse in Bhiwandi. It has 2 trademark registrations and has registered with Amazon with its products. There are about 6000 users who have successfully registered on the website and have bought the products. The business started with the Indian market through its branding and online marketing and now has been trying to export to Europe, UK and GCC markets. The turnover for the year 2016-17 is INR 50 Lakhs and the net profit of 20%. The asking price of the business is INR 3 Cr and are looking for an investment of INR 2 Cr for 51% share for taking the business on a bigger scale.

Reason

Lack of Funds/Resources

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