Exciting Furniture Mfg Firm Raising Funds In Lucknow
Product / Service
Side/end tables
Study tables
Baby cradles
Kids study table
Puffys
Clientele type
Online: Amazon, Flipkart
They also operate in B2B channel during heavy peak season.
Premises
The business is operating from promoter's home.
Asking Price Includes
The terms of transaction will be discussed with potential investors.
Reason
They are looking to expand their existing business. The Funds will be utilized in the following categories -
1. Land - 30 Lacs. They are planning to move to a commercial area.
2. Raw Materials - 15 Lacs
3. Construction - 15 Lacs.
Other Details
They are a Furniture Manufacturing firm with a R&D team that develops unique product designs which have become popular in a very short span of time.
Their side/end tables are listed as the 2nd Best Seller on Amazon,
They have already generated a revenue of INR 30 Lacs in the First Two Quarters of FY24.
They currently have Two CNC Machines worth INR 14 Lacs.
They currently operate out of the Proprietor's Home.
Keywords
Business Tags
₹10 to ₹200 Cr
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