- Country: India
- Industry: Transport, Automotive, Aviation
- Stage: Expansion/Growth
- Years in operations: 3, Employees: 40
- Investment size: $500,000 / min. $200,000
- Type of investment: Equity
We are very passionate business owners and are very passionate about our business and we would like to invite any interested angel investors or venture capitalist.
Our company is an online and offline accessories store, catering to the demands of thousands of buyers across India where all the customers have an access to buy any kind of accessories online or offline at the best price.
We want to create a niche market of only accessories that includes mainly car accessories, bike accessories, mobile accessories and fashion accessories.
We are seeking for a fund in tune of 5 Cr. (Five Crores) that needs to be utilized for working capital, marketing, branding and technology.
Based on our projections, all our investors will see ROI (Return on investment) of up to 45% in a span of 3 years.
Recently, we came up with an offline model in order to reach the masses with maximum footfall and emerged as a very successful model for us.
Our accessories store aims to solve the problem of many consumers, wholesalers and retailers who are unable to purchase the right quality product at the right price.
Therefore our platform will be the best example, which will be known for “The Best Online Accessories Store” across the nation, giving away quality products at unbeatable price.
Purchasing of products will be very easy and will use 3 mediums:
• On-line purchase (or app purchase): Anyone in India will be able to purchase single or bulk orders through a payment gateway or COD
• On-call purchase: There are many areas in the country with low or missing Internet connectivity. Customers from these areas will be able to place orders and bulk purchase using on-call mechanisms
• On-shop purchase: We will give access for anyone to buy a product from our nearest store if he wants to first review and afterwards purchase the product
Our revenue generation model is quite simple: We can earn net profit from 15-20% annually.
Rationale for the deal
India is a young nation with a median age of around 27 years. It is expected that, by 2020 India will become the youngest emerging economy of the world. As per the industry estimates, the size of Accessory market in India is around 15,000 Crores.
It is estimated that the size of the accessory market will grow at a very fast pace and in a span for the next 10 years up to 200000 Crores, which reflects great potential for long-term growth for our business opportunity.
Use of financing
Running operations for more than 14 months and achieving a target of a Crore in the first year itself was a huge boost for our company. This enabled us to expand operations into retail outlet in Delhi, which also provided us with good amount of sales.
Majorly, our funds will be utilized in offline stores, working capital, marketing and technology.
The detailed funds allotment is explained in our business plan, which can be provided upon request to interested investors.
Opportunity for the investor
Based on our projections, all of our investors will see ROI (Return on investment) of up to 45% in a span of 3 years.
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