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Custom Application Development Company Investment Opportunity in Kanpur, India

Seeking investment: Tech company offering tailored solutions with a diverse client base, 1,500+ projects completed.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin 20 - 30 %
Industries Custom Application Development
Locations  Kanpur
Local Time 3:25 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 120 thousand for 25.0% stake (Native Currency: INR 10,000,000)
Reason: We have developed 2 products, one is a cutting-edge fintech app that is dedicated to simplifying and... View More
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Business Overview

- We are a tech company dedicated to providing tailored solutions. Our expertise spans custom software, mobile apps, SaaS, and virtual IT staff. Our diverse clientele hails from fintech, hospitality, recruitment, and real estate, showcasing our ability to drive success across industries.

- Successfully executed more than 1,500 projects.

- Diverse experience across various industries.

- Transitioning into the online SaaS business sector while continuing to provide IT services, focusing on digital asset creation with a remarkable annual growth rate.

- Presently servicing a clientele of 25+ clients.

- Custom software development constitutes 80% of our revenue.

- Our clientele includes non-governmental organizations, international corporations, and businesses in the United States and the United Arab Emirates, catering to both B2B and B2C markets.

- Consistently generating recurring revenue of INR 5-6 lakhs through our virtual IT staff services.

Products & Services Overview

- Product offerings include:

1. Custom software development services.

2. Mobile application development solutions.

3. SAAS (Software as a Service) business solutions.

4. Virtual IT staff services.

- Diverse client base spanning various industries, including:

1. Fintech.

2. Hospitality.

3. Recruitment.

4. Real estate.

Assets Overview

The company does not have any significant physical assets. Assets include:

Computers and laptops.

SaaS businesses.

Online fintech and remote hiring portals.

Facilities Overview

- Operating under a hybrid model.

- Employing staff nationwide in India.

- Utilizing a 1,000-square-foot office space for training and recruitment purposes.

- Monthly rent of INR 25,000.

- Located in Sector 47, Gurgaon.

Capitalization Overview

- Self-funded business operation.

- Two owners each holding a 50% share in the company.

- Secured a small loan of INR 25 Lakhs from IDFC and Bajaj Finance to fund our own product development.

- Loan carries an interest rate of 16%

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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