Aditya Mehta
Portland, OR (USA)
Role(s):
Sparkle Diamonds LLC
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Startup
Location:
Portland
Industry:
Retail/Clothing
Year Founded:
2006
Number Employees:
INVALID
Description:
We are an online jewelry Company and we sell our merchandize on our website (URL removed) (and a newer website (URL removed)). We are looking for about US$200,000 to $300,000 in additional working capital to allow us to:
1. Invest in improving the quality and look of our websites
2. Invest in a competitive web marketing program
3. Invest in greater lines of inventory
We currently have a yearly revenue of US$1.5 to 1.75 million and are selling mostly on eBay. We would like to focus on our website sales and increase our margins (our prices are atleast 50% less than our nearest competitor) and revenues.
The Company started business in early 2002 in india and we now have 2 locations (1 in India that does the sourcing) and another in Portland OR that markets the m