Vrindavan, cultural fusion in chocolate

Vrindavan

The first product (2011) is the Hindi chocolate letter and we released the Indian chocolate coins with reusable stickers in 2012. The chocolate letter is a real Dutch tradition and every year for Sinterklaas over 23 million letters are sold on a population of 16 million. With 790 million people speaking Hindi worldwide there is a huge market potential. The idea of the Hindi chocolate letter is, rakhi's are given with a growing chocolate trend instead of traditional sweets in the last years. (check rakhi web shops for choco/rakhi combo's) And rakhi's are given with a letter in it. A small step from embroided letter with a chocolate gift to a rakhi with a chocolate letter. Our market introduction for Diwali in the Netherlands was very successful with a huge demand for Rakshabandhan. Besides there is especially for Rakshabandhan Christmas, Valentine, Sadhi's and birthdays, and relational/corporate gifting.

Key data

Status of plan:
Ready for finance (85%)
Grants required:
$111,500 (Spread over 3 years)
Shared capital required:
$550,000 (Spread over 3 years)
Stage:
Established company
Year established:
2011
Company Location:
Rotterdam, Netherlands
Sectors:
Food Stores, General stores, Other
Countries of business:
India, Suriname

Size

2010

2011

2012

2013

2014

2015

Total revenues $0$9,000$11,250$435,000$3,015,000$8,115,000
Net profits $-571$-3,230$-1,591$61,860$824,831$2,387,679
Employees 1 1 2 6 10 16
This business plan has been created in 2012, that is why its financials span the years 2010-2015.If you would like to update your financial information and add the year 2016, please send us an email to info@bidnetwork.org.

Entrepreneur & management

Alexandre  van der Moezel

Alexandre van der Moezel

Managing Director

Wrienda Baboeram

Other

Coach

Vincent Vonk

Vincent Vonk

coach
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