Investment Opportunity in a growing e-commerce jewellery business

By Suneet
Posted On: 01 / Jun / 2021
0 698

Deal Details

Annual

Deal Type

Equity (Fundraise)
Maximum Loan

Industry

Consumer Goods
Charge

Deal Status

Active

Deal 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.

No Files Attached

Deal Value
₹ 15.98 Crore
Targeted Region
Americas

Revenue

2019-20
₹ 7.99 Crore
2020-21
₹ 7.99 Crore
2021-22
₹ 7.99 Crore
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