Investment Required for Expansion of Online Jewellery Portal
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About Business
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.
Business Tags
₹10 to ₹200 Cr
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