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Dear Friends,

 

Season’s greetings from Spice Chanda!

 

Great Investment opportunity!!! If you are looking forward to invest in a Start-up Company ? Don't miss this opportunity!!!

 

Now everyone can become an investor with a small investment of Rs.1000.00 with our Start-up Company.

 

Spice Chanda is an Ahmedabad based Start-up Company. Looking forward for Investors for its Web based and Application (App) based Direct Selling E-commerce Store. 

 

About Spice Chanda:

Based on the concept of traditional Chanda in Southern India, we have started www.spicechanda.com, an E-tail Store for buying and selling the produces harvested, manufactured and processed in different regions of India.

 

Our Vision is to sell Traditional Fruits, Vegetables, Spices, Dry Fruits, Snack Foods, Pickles, Jams, Tea, Coffee, Dried Fish, etc., harvested, processed and manufactured in different regions of India.

 

In India there is a lot of Agriculture Produces wasted daily due to unavailability market information and buyers. Many of the Farmers / household farmers are unaware of the markets where they can sell their produces. 

 

Our Mission is to identify those farmers / household farmers / processors / manufactures and connect directly with the end users through the use of technology to avoid the spoilage of the produces.

 

This will help the farmers / processors / manufactures to get the right price for their produces as well as the end users to get the products with affordable price.

 

Name of the Company

Spice Chanda

Name of the Online Store

www.spicechanda.com

Link for downloading App (Android)

https://play.google.com/store/apps/details?id=com.spicechanda.shopping

Registered Address

B-3/106, Vandematram Apartments, Satadhar, Ghatlodia, Ahmedabad – 380061.

Phone Number

+91-8347674660

Date Establishment

14th June 2017

Nature of the Company

Proprietorship

Name of the Beneficiary

ABHAYAJITH KUNNATH LOHITHAKSHAN

Name of the Bank

Canara Bank

Account No.

321 610 100 0995

IFSC Code

CNRB0003216

Branch Name

Ramdevnagar Branch, Ahmedabad

Address of the Bank

Astron Tech Park, Opp. Vijay Sales, Satellite Cross Roads, Ahmedabad - 380015

Proprietor PAN Number

AAUPL7392Q

Proprietor Aadhar Card Number

5942 7319 1086

Nature of Business

Direct Selling E-commerce Store (E-Tail)

Products Category

Traditional Fruits, Vegetables, Spices, Dry Fruits, Snack Foods, Pickles, Jams, Tea, Coffee, Grocery Items, Dried Fish from  different regions of India

Type of Investment Required

Pre Order Crowdfunding / Reward Crowdfunding

Minimum Funding can be done

Rs.1000/- (One Thousand only) and any amount in multiplication of Rs.1000/-

Fund requirement period

10 Years (10 Years)

Rewards for the Fund

Rs.2,000/- (Rupees Two thousand only), after 10 Years i.e. Rs.1,000/- funded by a person can eligible to get Rs.2,000 after 10 years including Rs.1000/- funded by that person.

Methods of Funding

There are two methods of funding available: 

1.    Withdraw the funds with Rewards.

2.    Redeem the funds by pre ordering the Products.

How to Withdraw the funds with Rewards

1.    The investor can withdraw the funds provided to Spice Chanda, after 10 Years and get the a total reward of Rs.1,000/- (Rupees One thousand only).

 

2.  Early withdrawal of the fund is also allowed, in that case minimum 3 Years to be completed from the date of transfer of the funds to the beneficiary account.

 

3.  Rewards for Early Withdrawal is @ 10% per annum (non-cumulative basis).

How to Redeem the funds by Ordering the Products.

By ordering the products from Spice Chand’s E-tail store, the investors can withdraw their funds.

 

1. Redemption is allowed only after completion of Eighteen Months from the date of the funds made.

 

2.   Three months prior intimation is given to Spice Chanda for early Redemption of the funds for purchasing the products.

 

3.  Redemption is allowed in two parts in two separate months only i.e. Rs.500/- at the first part and Rs.500/- at the second part.

 

4.    Dividends @ 10% per annum (non-cumulative basis) will be provided at the time of redemption of the funds.

Terms of Refund of the Funds and Mode of Transaction

Refund of the Funds will be as per the period mentioned above.

 

All transactions through our bank only to the beneficiary account.

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Our Location

B-3/106, Vandemataram Apartments
Satadhar, Ghatlodia, Ahmedabad - 380061

+91-8347674660