Digitalabhiyan (start-up funding) is an investment platform that helps start-ups and small businesses raise funds online. We arrange funds through micro investors. Once you apply we will discuss what option may be right for you.
Our vision is to help new start-ups who wish to start online e- commerce (Travel, Recharge, Grocery, Medicine Boutique, Liquor, Fashion etc…) But have funding issues. We help such new start-ups who could not start due to lack of sufficient fund.
If are ready to contribute minimum 30% We will arrange funding maximum up to 70% at very nominal rate of interest with minimum documentation.
Having Website/app is the first step for any online start-up business and also business identity.
The tenure for funding varies from minimum SIX months to maximum TWELVE months..
You will have gestation period of one to three months depending upon the timeline of the project completion.
The actual repayment starts only after completion of the project.
Once you prove your bonafide by making regular instalments without break, then further funding for digital marketing and business promotion/drop-shipping can also be considered.
The whole idea is to encourage genuine Start-ups but they end up due to insufficient funds.
Now Digitalabhiyans, mission is to help new business entrepreneurs so that their dreams come true. GO Digital, and be a part of Digital India.
Documentation is very simple we need following
STEP -1 Applicants PAN/ADHAR (Original scanned from both side)
- Address proof of Residence & business
- Four colour passport size photograph
- Bank statement savings/current for the past six months.
- Project details like total cost of the project including financial projections Cash flow (Revenue model) projected balance sheet for next three years.
Once these documents are submitted, a small verification process will be carried out to ascertain the genuineness of the customer. If Everything is found to be in line with the funding terms*, then you will receive a confirmation mail from us .In case of any discrepancies found during verification, a clarification will be sought and if you satisfy then it is processed further.
After verification if everything found as per the funding terms* then you will have to sign funding agreement with us. At the time of signing the agreement you will pay 30% of the total cost to us, Along post dated cheques of the instalments with 3.5% of the total funding towards verification and processing charges.
We disburse the loan amount to developing company as per the terms agreed between us.