Application Software Company Investment Opportunity in Pune, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 80 thousand |
Run Rate Sales | USD 480 thousand |
EBITDA Margin | 30 - 40 % |
Industries | Application Software |
Locations | Pune |
Local Time | 11:05 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
Currently, we have one foreign multinational Client and 6 Indian clients. We are in discussion with 50+ pipeline customers and all are growth-stage companies having USD 10 million in revenues. The product was launched late last year, thus last year's sales seem less when compared to our run rate sales for this year.
- Our SaaS solution and mobile application make the process simple and efficient.
- We offer corporate credit card integration and travel expense management to help companies control their spending.
- Our month-end close process is automated and provides companies with an easy and efficient way to close their books.
- We are in discussion with banks to have a partnership on our solution.
- All promoters are ex-Mastercard and ex-Deloitte employees who have a collective experience of 45+ years. They consist of chartered accountants and tech leaders.
- Now we have our own travel website to provide travel desk facility and already booking is accepted by out existing client.
SaaS solution.
Approval flow.
Tax solution.
Accounts payable.
Expense management.
Finance automation.
Settlement.
Corporate credit card integration.
Travel expense management.
Travel Desk Assistant.
Virtual account assistant.
Month-end close.
Intangibles include:
- Our team of professionals.
- Our website.
- Software algorithm.
- Promoters' business insights.
- Product design, and business processes.
The intangibles are valued at about USD 7 million.
The Mumbai office is owned by a family member but we pay rent for it. The Pune office is rented and located in the Eastern part of Pune. The Mumbai office is located in the Northeast suburb of Ghatkopar.
The shareholding split is 18%, 9%, 6%, 49%, and 18%.
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Earlier than 15 daysMD, Financial Services, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, IT, San Francisco, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysMarketing Head, Manufacturing, Delhi, Corporate Investor / Buyer connected with the Business