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FinTech Company for Sale in Jaipur, India

For Sale: FinTech company specializing in payment platforms, having a network of 15,000 retailers.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 50 - 100
Legal Entity Public Limited Company
Reported Sales USD 600 thousand
Run Rate Sales USD 700 thousand
EBITDA Margin 30 %
Industries FinTech
Locations  Jaipur
Local Time 2:05 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 2.4 million (Native Currency: INR 200,000,000)
Reason: The main promoter and CEO intends to retire.
Interested to connect with advisors
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Business Name
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Business Overview

- Our key product is a retail platform with an Aadhaar-enabled payment system, that features bill payments, domestic money transfer, IRCTC train tickets, air & bus tickets, insurance, bank account opening, and PAN card services.

- The platform is already running with a transaction volume of INR 20 crores per month.

- We are charging our clients based on a subscription and transaction basis, depending on the core services that are being used on our application.

- We are using a digital marketing strategy for client acquisition and currently have a network of more than 15,000 retailers and distributors.

- Experience of 15 years for the promoter.

- GST, APA agreement, and IRCTC agreements in place.

- The brand has been operating under the parent company's name. Later, the promoter transferred it to a new entity. The parent company is not part of the transaction.

Products & Services Overview

Xpress payout.

DMT.

AEPS.

Recharge services.

Ticketing services.

Pan-card services.

B2B operations.

Assets Overview

Public Limited entity and brand name, trademark, customer database, CRM, software, licenses.

Facilities Overview

5,000 sq ft rented space in two different cities.

Head office is in central Jaipur.

Owned by the parent company and not part of the transaction.

Capitalization Overview

7 shareholders and all are family members.

No loans or debts.

Self funded operations.

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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