Ageln Business Solutions Private Limited

Ageln recognised as a Start-up by DIPP is working actively in Energy Efficiency space and are in Awareness and Distribution of LED Products Pan India.

  • Stage $500K in TTM Revenue
  • Industry Consumer Products
  • Location Bengaluru, Karnataka, India
  • Currency INR
  • Founded September 2016
  • Employees 15
  • Incorporation Type C-corp
  • Website ageln.in

Company Summary

Ageln did 2.65 Crores turnover in FYI 2016-17 since inception with EBITDA of 11.32%. We are now looking to raise funds for Working Capital requirements to accelerate growth and to reach economies of scale as bootstrapped model is eating into our unit margins. We strongly believe with Mentorship and Investment support; LED products retail should add GMV of Rs. 500 crores with Rs. 150 crores EBITDA within 24 months to our portfolio.

Team

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