Reason for sale : Raising funds for expansion
Investment Opportunity in a Growing E-commerce Jewellery Business
☆☆☆☆☆ 5/5
- Listing ID : KS
- industry : Consumer
- city : Mumbai
- state : Maharashtra
- Transaction type : -
- investment range : ₹15 Crore
Company Statistics
- year of establishment : 2017
- total employees : 35
- total customers : NA (Since ecommerce)
- business model : B2C
- nature of organization : Private Limited
- sub industry : Consumer Products
- license available : No
- revenue : 25 Cr
- EBITDA : 95 Lacs
- net profit : 30 Lacs
Company Description
With a strong track record of over 111 years of offline presence and 3 years of online presence, our client is looking forward to capturing the Jewellery market through the growth offered by digitization.
Product Portfolio:
- Bullions • Diamond Jewellery • Gold Jewellery
Revenue:
- 2022* - INR 50 Cr • 2021 - INR 21 Cr • 2020 - INR 12 Cr
Website Traffic: 2021 - 4,27,313, 2020 - 1,67,304
Notable USP's:
- Only company providing the service of exchanging old gold to clients, without any hassles of visiting the store.
- Profitable since day 1 (while the majority of them are still loss-making)
- Focus on the sale of gold Jewellery (while the rest all are majorly focusing on Diamond Jewellery) Company HQ – Mumbai, India. Locations Served: India, Australia, UK, US Fund Requirement – INR 15 Cr for purchase of gold, marketing, and other operating expenses.