- Project Name: Business Accounting
- Client: Company Name Inc.
- Project Commencement Date: January 26, 2019
- Project Completion Date: March 27, 2019
- Project url: www.example.com
An entrepreneurial Bio-tech company (start-up) has availed funds through MSME Scheme from Bank. Primarily focused on Health and Hygiene products they could successfully do formulations but could not make it to market
Since the debt availed from the bank turned NPA, company had no other option to sell the only property they had to come out of the issue and decided to quit the business as they tried and failed in working capital requirements
We sourced a Bio-tech company which was into cosmetic products and looking for inorganic growth. We closed the deal successfully with an enterprise valuation of Rs.15Crs