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Enterprise Software Company for Sale in Chennai, India

Chennai-based edtech SaaS company with a platform of 650,000+ users for sale.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 40 thousand
Run Rate Sales USD 170 thousand
EBITDA Margin Operating at loss
Industries Edutech + 1 more
Locations  Chennai
Local Time 7:12 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1 million (Native Currency: INR 80,000,000)
Reason: Senior Founder, 67 years old wishes to retire. CEO hodling 35% stake will continue to help run the c... View More
Includes physical assets worth USD 12 thousand
Interested to connect with advisors
Documents
Business Overview

- Company with a learning management system.

- Mature product that has been 8 years into development with revenues yet to roll.

- We have been getting major projects and income from them has led to a high growth.

- Revenue is subscription-based.

- We are selling as the founders no longer have the cash to fund the business.

- Buyer gets the entire source code, platform IP, brand, and legal entity.

Products & Services Overview

Learning Management System with.

- Skill courses.

- Internships.

- Job.

The platform has both B2B and B2C applications and has tie-ups with more than 100 colleges offering their courses.

Assets Overview

Tangible assets include some office equipment. Intangible assets include a fully mature SAAS platform for Edtech.

Facilities Overview

Rented 3,000 sq. ft. office in Chennai.

Capitalization Overview

- Two shareholders in a 65:35 shareholding split.

- Funded by founders. No loans or liabilities in the company's name.

Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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