Upcoming Spice Manufacturing Unit Raising Funds In Pune
Email
Phone
Google
LinkedIn
Facebook
About Business
This is a spice manufacturing and export business that is currently moving from a trading model to its own production setup. The idea behind this shift is to have better control over quality, pricing, and overall operations while exploring larger market opportunities.
Current Status
The business is already active in trading and has started setting up a manufacturing unit. The location for the unit has been finalized, and the premises have been taken on rent with a monthly cost of around INR 32,000. A security deposit has already been paid.
Setup and Progress
Around INR 15 lakhs has been invested so far in setting up the business. All required approvals and certifications are in place. Packaging for the products has been finalized, and the machinery required for production is currently in the process of being purchased.
Operations Plan
The plan is to begin in-house production once the machinery is installed. With most of the groundwork already completed, the business is moving steadily towards starting manufacturing operations.
Funding Requirement
The business is looking to raise funds to complete the setup, mainly for machinery and initial operations, and to support the next stage of growth.
Clientele type
The business will primarily serve B2B clients.
Premises
LEASED
Lease per month (in INR): 32.00 K
Security Deposit (in INR): 1.00 L
Carpet Area: 3,250 sq ft
Asking Price Includes
The business is seeking an initial investment of INR 50 lakhs, with an option for the investor to contribute an additional INR 20 lakhs at a later stage based on progress. The terms, including the interest percentage, will be discussed with interested investors.
Reason
To initiate operations, the founder is seeking investment primarily for the purchase of machinery.
Licenses
IEC, GST, ISO 22000
More Details
The business is in the process of setting up a new manufacturing unit with advanced technology and is seeking funding to commence operations.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
Supported by Advisors with 26+ Years of Experience
