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MeitY Startup Hub onboards MergerDomo to strengthen start-up ecosystem in India
Posted By - Investment Banker
The Company is selling 100% pure and Natural Blends of Therapeutic grade essential & cold-pressed oil products on E-Commerce Platforms. In the last two years, they have been able to ramp up the sale to 700 units per day on platforms like Amazon, Flipkart, Nykaa, etc. The company is now looking at growth capital primarily for marketing, inventory & manpower. They will be launching 6 new products and will expand in the offline selling model as well.
Funding Requirement
INR 20 Mn
Funding Status
I do not have any investment commitment
20%- Marketing, 20%- Manpower, 45%- Inventory Buildup 15%- Other
Industry &
Sub-Industry
House-Hold Services (1)
Technology/Product/Service Offering
Completely Natural Essential Oils & Cold Pressed Oil
Steady Revenue
B2B
| 2017 (in INR) | 2018 (in INR) | 2019 (in INR) | 2020 (in INR) | ||
|---|---|---|---|---|---|
| Sales | 0 Mn | 0 Mn | 25 Mn | 25 Mn | |
| EBDITA | N.D | N.D | N.D | N.D | |
| PAT | N.D | N.D | N.D | N.D | |
| TANGIBLE NET WORTH | N.D | N.D | N.D | N.D | |
| LONG TERM DEBT | N.D | N.D | N.D | N.D | |
| TOTAL DEBT | N.D | N.D | N.D | N.D | |
If you are interested in connecting with business please send an Expression of Interest.
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