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MG

Mystic Garuda Ventures (Opc) Private Limited

Mumbai, Maharashtra

DPIIT recognised District Food & Beverages

In their own words

The core problem this start-up is solving is effective supply chain management of agricultural and forest products across the countries. Our clients in India face following major challenges with respect to the supply chain management: 1. Price variability leading to loss of margin and hence loss of profit even leading to loss in business. 2. Lead time variability leading to uncertainty in stock availability hence cancellation of order leading to loss in business 3. Demand variability making scheduling of sourcing plan more difficult. This affects availability and hence sales loss. 4. Quality variability leading to the credibility and reliability issues between business partners and hence loss of business. 5. Uncertainty of supplies leading to availability problems and hence loss of business 6. Risk of payment security. Suppliers look for advance payment and traders want credit. In both cases, security of advance payments is an issue leading to trust deficit and loss of business. Given so many variabilities and uncertainties in the supply chain, the trading as well as downstream manufacturing entrepreneurs are looking for a reliable solution provider who can help them with consistent supplies with minimum risk with respect to availability, quality and price

Written by the company on its public Startup India profile. Not verified by us.

What the record says

DPIIT recognition number
DIPP118722
CIN
U51909MH2019OPC328715
Registered on Startup India
2021
Self-declared stage
Prototype

Where this is

District

Mumbai

Maharashtra

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Geocode confidence: medium

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What we do not know

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