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Staffing Company Investment Opportunity in Pune, India

Business that provides recruitment and staffing services to companies based in North America, Canada.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 294 thousand
Run Rate Sales USD 430 thousand
EBITDA Margin 15 %
Industries Recruitment Agencies + 1 more
Locations  Pune
Local Time 1:50 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 113 thousand for 32.0% stake (Native Currency: INR 9,500,000)
Reason: As we have new clients coming on board, we require additional funds to support our expansion plans. ... View More
Includes physical assets worth USD 10.7 thousand
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Business Overview
Our clientele consists of IT companies, system integrators, and app developers, as well as experts in data science, machine learning, and DevOps. Our team of 12 recruiters specializing in US recruitment helped us achieve an annual revenue of INR 40 lakhs in 2021 and INR 2.48 crores in 2022. Looking ahead, we are aiming for gross revenue of at least INR 10 crore in 2024 by expanding our reach and building on our existing relationships with clients. We are committed to providing exceptional recruitment services while exploring new avenues for growth and success. The employees are on our payroll. Currently, the business has 7 regular clients. The company is registered in Delhi, but the office is in Pune.
Products & Services Overview
IT and non-IT staffing, contract and full-time placement, and end-to-end recruitment for North America and Canada.
Assets Overview
Physical assets include laptops. Other than this the company has account receivables on a recurring basis every month as a fixed retainer.
Facilities Overview
We have leased out an office space of 50 seater in Viman Nagar, Pune.
Capitalization Overview
We are currently 100% bootstrapped. We do not have any loans or debts in the company's name. Presently, there are 2 directors with 95% equity with the co-founder which will be diluted for the sake of investment.
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1 Investor contacted this Business this week. Register below to connect now!
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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