My name is Manoj Kumar and I am the founder of Belofte Group. The group was founded in 2021 with headquarters currently based in Lawrenceville, New Jersey, USA. We also have our branches in Dubai, UAE and Lagos, Nigeria.
We are ‘B2B Supply Chain Aggregator’ startup managing the procurement and logistics for large manufacturing companies in Nigeria & UAE. Our purpose is to drive cost reduction for our customers by leveraging our global procurement footprint and leveraging our strengths of competitive sourcing and efficient logistics of materials. Our product lines include Industrial Raw Materials, Machinery & Spares, Edible Oil & derivatives, packaging materials and Automotive Gas Oil (Diesel). Our organization has shown great promise in terms of topline performance by clocking $7.2 million in 2022 (2nd year of operation) and built robust relationship with a strong customer base including the likes of Cadburys, Pepsico, Olam Group, TG Arla & Godrej to name a few.
As a result of our successful demonstration of value addition to the customer P&L, we have now an opportunity to expand our business with these clients by adding other product lines. In the first phase we are looking to focus for exports out of USA and the product lines which we are adding includes exports of AGO, Corn derivatives, Soya derivatives & Food ingredients (Acetic Acid, Ascorbic acid, Maltodextrin) and other commodities. We also would like to expand our business of edible oil derivatives, packaging materials, & machinery spares by routing the same to consumption markets out of USA.
The expansion of product lines warrants us to source additional investment but because we lack the resources to arrange these immediately, we write to you for securing your support in expanding our venture. The rate of return on investment in our business is quite attractive and we are looking for investment partners who believe in our vision & with whom we can be associated with for mutually beneficial proposition. We would be glad to connect with you for a more detailed conversation on our current business model, our core value proposition, and our future expansion plans.
Waiting for your feedback and positive response to connect
Regards
Manoj Kumar
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