Upcoming Lab Grown Diamond Franchise Raising Funds
About Business
The founder is planning to start a lab-grown diamond franchise in Bangalore. They are currently into trading of water pumps and wires under their brand name(manufactured by third parties). The founder has been operating multiple businesses for the last 20 years.
They are planning to invest INR 2.25 cr for the franchise. The total cost of the franchise is INR 3.25 cr. They are seeking INR 1 cr from an investor to fund the franchise and have some working capital.
The franchisor has more than 50 franchises across India.
Clientele type
They will cater to the population that seeks affordable diamond jewellery.
Premises
Leased commercial space
Asking Price Includes
The terms of the transaction will be discussed with potential investors.
Reason
They are raising funds to launch the franchise in Bangalore.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
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