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IT Services Company Investment Opportunity in Bangalore, India

IT solutions provider in Bangalore, seeking investment for development and marketing of new IoT product.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 140 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 11 %
Industries IT Services + 1 more
Locations  Bangalore
Local Time 6:34 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 90 thousand for 30.0% stake (Native Currency: INR 7,500,000)
Reason: Seeking investment for the development and marketing of the new IoT product. The investors are give... View More
Includes physical assets worth USD 30 thousand
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Business Overview

- IT solutions provider based in Bangalore.

- The company’s core services include Magento eCommerce, AWS implementation, IT project management, DevOps, QA, and IoT solutions.

- Project-based business model and the majority of the company’s current clients are based in the UK and are from various industries such as hospitality, retail, ecommerce etc.

- The company is currently in the process of developing a smart lift, which is an IoT-based solution that can be integrated with any elevator.

- Allow for remote traffic monitoring, fault monitoring, access to various parameters, and virtual control of the lift, providing a comprehensive and cutting-edge solution for elevator manufacturers and users.

- The target clients for the smart lift include elevator manufacturers and people who have elevators in their business spaces or residences.

- Comes as a application-based software solution and can be integrated to the elevator controller system.

Products & Services Overview

IT services - Magento ecommerce, AWS implementation, IT project management, DevOps, QA, and IoT solutions.

Majority of clients are in the UK, from various industries such as hospitality, retail, e-commerce etc.

Currently developing a smart lift which is an IoT-based software solution that can be integrated with any elevator.

Target clients are manufacturers and people who have elevators in their business spaces or residences.

Assets Overview

Physical assets include the office furniture, computers, laptops, severs and other electrical equipment.

Facilities Overview

Operating from a rented office space in Koramangala, Bangalore.

Capitalization Overview

Business is self-funded.

No outstanding loans or liabilities.

There are 2 shareholders in the business.

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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