IT Consultancy Company Seeking Loan in Chennai, India
UAE-based IT implementation and support services company seeks funding to commence operations in Chennai.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | USD 56 thousand |
| EBITDA Margin | 20 % |
| Industries | IT Consultancy |
| Locations | Chennai + 1 more |
| Local Time | 8:10 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
35 thousand
for
8.0%
annual interest,
2
years
(Native Currency: INR 3,000,000)
Reason: Need funds to expand the operations in Chennai.
Collateral Available: USD 35 thousand
Includes physical assets worth
USD
8.1 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
UAE License
(1.3 MB)
India - Certificate of Incorporation
(70.9 KB)
Company Logo
(39.9 KB)
VAT Certificate
(60.5 KB)
ROC-Verification.pdf
(66.3 KB)
Business Overview
- 4 clients in the UAE, and we are yet to commence sales and operations in Chennai.
- Implementation pricing starts at USD 30,000 and we cater to clients of all scales and industries.
- The licensing pricing is set by Microsoft and we get a 40% commission for each license.
- The owners have been in this market for 13-14 years and they leveraged their existing network to get the 4 clients.
- The business owner is in Chennai and can be reached out on their Indian phone number.
- Implementation pricing starts at USD 30,000 and we cater to clients of all scales and industries.
- The licensing pricing is set by Microsoft and we get a 40% commission for each license.
- The owners have been in this market for 13-14 years and they leveraged their existing network to get the 4 clients.
- The business owner is in Chennai and can be reached out on their Indian phone number.
Products & Services Overview
Microsoft Dynamics ERP, staffing, implementation, and other developments. We license and implement D365 F&O, D365 BC, CRM, and Power BI.Our top-selling services are implementation and support services. Implementation takes about 3-6 months depending on the scale and then we sign an AMC for support.
Assets Overview
Business-owned tangible assets include electronics, phones, and SIMs worth about INR 7 lakh.The owners have three houses, one in T. Nagar, one in Tambaram, and another one in Chegalpet. All three houses have a combined value of INR 10 crore and we are willing to use anyone as collateral for this loan.
Facilities Overview
We have rented 6 seats in a business center in Western Dubai, and we are actively looking for an office in Chennai right now.
Capitalization Overview
- The company has two equal shareholders.- We are bootstrapped and have used multiple sources like loans against jewelry and our bank savings in India.
Recent Activity
-
3 days, 22 hours agoDigital Engineer, IT Services, Bangalore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysProprietor, MEP, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysMarketing Manager, Software Development, Chennai, Individual Investor / Buyer connected with the Business
Tags:
Newly Established Technology Consulting Company Seeking Loan in Dubai, United Arab Emirates
·Newly Established System Integration Company Seeking Loan in Dubai, United Arab Emirates
·Lend to Newly Established Technology Consulting Company in Dubai, United Arab Emirates
·Newly Established IT Consultancy Company Seeking Loan in Dubai, United Arab Emirates
·Lend to Newly Established System Integration Company in Dubai, United Arab Emirates
·Lend to Newly Established IT Consultancy Company in Dubai, United Arab Emirates
·Newly Established Technology Consulting Company Seeking Loan in Chennai, India
·Newly Established System Integration Company Seeking Loan in Chennai, India
·Lend to Newly Established Technology Consulting Company in Chennai, India
·Newly Established IT Consultancy Company Seeking Loan in Chennai, India
·Newly Established Technology Consulting Company Seeking Loan in Madras
·Lend to Newly Established System Integration Company in Chennai, India
·Newly Established System Integration Company Seeking Loan in Madras
·Lend to Newly Established IT Consultancy Company in Chennai, India
·Lend to Newly Established Technology Consulting Company in Madras
·Newly Established IT Consultancy Company Seeking Loan in Madras
·Lend to Newly Established System Integration Company in Madras
·Newly Established Technology Consulting Company Seeking Loan
·Lend to Newly Established IT Consultancy Company in Madras
·Newly Established System Integration Company Seeking Loan
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