Investment Required for Expansion of Online Jewellery Portal
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This ecommerce portal, launched in December 2014, deals in artificial & imitation jewellery. The business is owned by 3 directors - experienced and talented professionals from advertising and marketing industry with financial and legal advisor support. We offer a range of jewellery including necklaces, pendants, earrings, nose-pins, bracelets, rings, anklets, bangles etc. The website gets an average of 2500+ unique visits per week. We have made sales of INR 2 Lacs in 3 months since its launch. Profit margin is around 30%. The brand has received 8400+ organic likes on Facebook. We have tie-ups with SnapDeal, Amazon and various other websites to increase sales. There are 5-6 full-time employees working for the business. Products supplied by 2 manufacturers in Delhi and 2 vendors (Mumbai and Bangalore based). We are seeking an investment of INR 30 Lacs for expansion and promotion of the portal.
Reason
Looking for funds for expansion and marketing.
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