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Custom Application Development Businesses for Sale in Kochi

Showing 1 - 1 of 1 Custom Application Development Businesses for Sale in Kochi. Buy a Custom Application Development Business.

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Custom Application Development Company for Sale in Kochi, India

Software product engineering company based in Kochi, with 50+ global clients and diverse portfolio.
- Company incorporated 8 years back in Kochi and a fully owned subsidiary registered in London, ready to commence operations. - Has a diverse client portfolio with 50+ clients across the globe, including a majority of Indian clients, as well as clients from the US, Canada, Qatar, and Oman. The clientele spans across various industries such as healthcare, finance, fintech, media, retail, and banking. - The company undertakes an average of 10-15 projects annually, with project durations ranging from 5 months to several years. - The business operates on two main models: fixed scope and resource augmentation, with the former project value at INR 15 to 25 lakhs and the latter based on the skills and experiences of resources placed. - Each promoter of the company brings in a wealth of experience, with 12+ years in the industry and strong support from accelerators like Spark10 Accelerator Program, KSUM, and DPIIT. - The company has recently made a strategic pivot in its business model and anticipates a 15-20% EBITDA in the next 12-14 months. Additionally, there are plans in place to establish a subsidiary company in the US to expand operations. - The business experienced a decline in revenue this year compared to the previous year, due to contract and market drops.
Software product engineering company based in Kochi, with 50+ global clients and diverse portfolio.
8.5   Kochi
Run Rate Sales
USD 600 thousand
EBITDA Margin
10 %
Business for Sale
USD 600 K
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