Publication: 19:16, 24.04.2020No. of the advertisement: 2081
Das Lane, Guwahati, India
What is your idea / business and to whom is it addressed?
100% eco-friendly and non-toxic furniture and furnishing products made of bamboo and Himalayan cane with globally competitive, design, quality and finesse. Targeted market includes both B2C and B2B market segments. Our products help create healthy environment and a happy planet. We sell our products both online and offline and there is huge export potential for our products due growing awareness among people about climate change.
How should the idea/business earn money?
we sell at fixed price to B2C segment and for bulk quantity. Sell to B2B segment of buyers we offer discounted price. The global market for eco-friendly furniture in 2019 was valued at US$ 545.46 billion and we our achievable market size is US$ 35 Million . Thiugh we aim to make profit from the current year but really healthy return in investment will start from the next year, to be precise we Wouk on 30% net prfot margin.
At what stage is the idea / business at the moment?
We are at early stage startup with some local traction but we have been getting highly encouraging response from Europe and USA. We have put up a factory with investment with US$ 150000 in construction of factory building acquiring machinery and equipment. We have already launched a minimum range of products online. We need further investment for acquiring superior technology to scale up production and market expansion with offline stores and direct marketing in high growthnoot ntiwl markets in India and aggressive promotion of exports.
What do you need?
We are looking investment of. uS$ .914 million from angel,nvestors
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