Opportunity Snapshot
- Country: India
- Industry: Internet, eBusiness
- Stage: Start-up
- Investment size: $25,000 / min. $20,000
- Type of investment: Debt
Investment Opportunity
The sub-contracting project is awarded to a limited company, which is sub-contracting the work to various teams. We need funding to qualify for undertaking the project.
This is a sub-contracting project for Data Entry by the Government of India. We’d like to perform part of the project on behalf of the awarded company.
There will be approximately 12,00,000 data sheets to be processed over a period of 18 months. The payment for one data sheet is Rs.6/-.
We need funding to qualify for undertaking the project.
Rationale for the deal
This is going to be a pilot project and on successful completion there are lots many in the pipe. Being a Government project the payment is assured.
Use of financing
The required investment will be used for Computers, UPS, Office, 3 months overhead expenses, furniture, security deposit (refundable) etc. and amounts USD 25,000.
Opportunity for the investor
We are looking for a debt investment. Preferred total payback period is 18 months on quarterly basis. The return can be given up to 30%.
Source: Flickr CC, Author: Antony Theobald
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