Ivantage Craft Private Limited was a startup compnay recognized by the DPIIT, Government of India, under the flagship 'Startup India' initiative. the company has set up it's own manufacturing unit at Dolabari Industrial Area, Tezpur, Assam and also has an established a set up at Guwahati for upholstery and final finishing and polishing etc. of products.
Ivantage have brought an unparallel innovation in the Laminated Bamboo and Cane Furniture products, which are manufactured in India. In terms of technology, design and quality, we have set a high benchmark of new standards. For the best quality and design, we use adhesive, Stain and Polish etc. of European brands, conforming to European standard norms. Our products are also completely devoid of iron nails.
Bamboo and cane have already been identified as strategic resources for countries to address the adverse affect of climate change at the apex global forums on climate change and discussed in-depth. We realized that bamboo and cane were not simply sufficient to manufacture Eco-friendly products, the other ingredients used in the manufacturing process also needed to be environment friendly. In order to ensure least possible scope for dust accumulation in furniture products, we have worked upon elegant, contemporary and minimalist designs for each of our products.
The company has recently opened up it's own studio-cum-showroom at Guwahati. We have appropriate scale up plans and capability in place to meet the challenges of high demand for our product post franchisee appointments.
We have been receiving financial aid by the Union Bank of India. One of the director's of the company is already a Rs.100 crore turn over software services company at Guwahati.
Operations Commenced On 2018
Franchise Commenced On 2019
Investment INR 10000 - 50 K
Franchise/Brand Fee INR 10000.00
Royalty/Commission 30 %
Haryana, Himachal Pradesh, Punjab, Uttaranchal, Uttar Pradesh
Andhra Pradesh, Tamil Nadu, Telangana
Goa, Gujarat, Maharashtra, Rajasthan
Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh
Anticipated percentage return on investment 30 %
Likely pay back period of capital for a Unit Franchise 1-2 Years
Other investment requirements 4.00 lakh
Type of property required for this franchise opportunity Domestic
Floor area requirement 600 - 1000 Sq.ft
Preferred location of unit franchise outlet Posh locality
Franchisee training location at franchisee location
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
How long is the franchise term for? Lifetime
Is the term renewable? Yes