Digital Technology Services Business Seeking Loan in Nellore, India

- IT services provider to SMEs located in Nellore.

- The company offers ICCC integration services, water SCADA, and smart elements.

- The company's revenue is primarily project-based.

- Currently working on a large-scale government-funded smart infrastructure project worth INR 20Cr for a major smart city client in AP.

- The business boasts low overheads, consistent cash flow for the next 6 years, and only payroll costs at present, indicating a financially stable operational model.

- The company's current focus on a large government-funded project which is a shift from small-scale projects for SMEs to larger is the reason for the significant growth in annual turnover from last year to this year.

- There are 6 permanent employees, who are sufficient for running the business operations. No additional contract or temporary employees.

- The business holds MCA and MSME registrations.

Services include ICCC integration services, water SCADA and smart elements such as blockchain development, cybersecurity, analytics & engineering, data & cloud computing, platform development etc.

Was previously working with SMEs.

Current project is for a government funded smart infra project.

Physical assets include office assets such as furniture, computers, laptops, servers etc.

Software, hardware skills, civil skills, supply for smart elements and water scada in progress.

Currently operating from a co-working space in New Military Col, Nellore. Rent is INR 60k per month.

We do not own any facilities or inventory as of yet.

All money is seed funded by the primary owner of the business.

No loan taken as of now.

The business has 3 owners with equity split of 50/25/25.