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New Event Company Raising Funds In Sindhnur

Listing ID: SL023617
Posted By: Owner
Last Active: 1 month ago
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About Business

Event Management Company: A Fresh Opportunity for Growth

There's a dynamic new event management company that just kicked off operations this month, and they're already hitting the ground running! They've managed to secure three exciting bookings right away: two beautiful weddings and one traditional pooja ceremony. This early traction speaks volumes about their potential.

The team behind this venture is a strong blend of talent, with 5 dedicated full-time staff members backed by a flexible pool of 14 contract-based workers. This setup allows them to efficiently handle events ranging from small gatherings to more substantial mid-scale occasions.

Currently, the company is in the process of formally registering as a Private Limited entity. With initial success in hand, they are now looking to raise funds. This investment will be crucial to support their day-to-day operations, ensure they perfectly fulfill their existing bookings, and ultimately, help them scale up their services to take on even bigger and more ambitious projects.

Clientele type

The main clients are individuals or families looking to organize events such as marriage functions, poojas, or other personal gatherings.

Premises

LEASED

Lease per month (in INR): 20.00 K

Security Deposit (in INR): 50.00 K

Carpet Area: 600 sq ft

The operations are currently managed from two offices, one measuring 500 sq. ft. and the other 100 sq. ft. The business is GST registered.

Asking Price Includes

The terms of the transaction will be discussed directly with potential investors.

Asking Price

INR 5.00 L

Minimum ticket size

INR 5.00 L

Reason

The founders are looking to expand their services and scale up operations, and are therefore seeking strategic investors to support the growth.

More Details

The founder comes from a family-run hotel business and leveraged strong industry contacts to establish the event management company.

Keywords

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Business Tags

New Event Company Raising Funds In Sindhnur

₹10 to ₹200 Cr

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