Web & Mobile Development Company Investment Opportunity in Chennai, India
Web & Mobile app Company with a trending tech product seeks funding support.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 100 - 200 thousand |
| Run Rate Sales | USD 74 thousand |
| EBITDA Margin | Nil |
| Industries | Web & Mobile Development |
| Locations | Chennai |
| Local Time | 8:57 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
600 thousand
for
80.0%
stake
(Native Currency: INR 50,000,000)
Reason: Require funds for marketing and sales.
The owners are not able to operate the business at the full ...
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Includes physical assets worth
USD
7.1 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
ROC-Verification.pdf
(293.3 KB)
Business Overview
- Company specializes in mobile app development and web development services.
- Our client base spans the finance, ecommerce, and education sectors.
- With 5 years of experience, our promoters bring extensive industry knowledge.
- We are fully licensed with CIN and GST credentials.
- Currently, we serve three domestic clients.
- Our technology framework is SaaS-based.
- Despite recent client attrition which resulted in a drop in sales and ongoing R&D expenses, we are operating at breakeven.
- Our client base spans the finance, ecommerce, and education sectors.
- With 5 years of experience, our promoters bring extensive industry knowledge.
- We are fully licensed with CIN and GST credentials.
- Currently, we serve three domestic clients.
- Our technology framework is SaaS-based.
- Despite recent client attrition which resulted in a drop in sales and ongoing R&D expenses, we are operating at breakeven.
Products & Services Overview
- Mobile app development and web development services.- We have developed a SaaS product with iOT to enrich user playing experience in turf (indoor sporting arena)
- Our core strength lies in app development, which has been our bestseller.
- We engage in B2B operations, collaborating extensively with fintech, startup, and education sectors within the finance industry.
Assets Overview
Assets included are:Laptops, phones, computers and equipment.
Facilities Overview
Rented office located in Perungudi, Chennai.Sq ft area is 2,800.
The rent per month is INR 1.2 lakhs.
Capitalization Overview
There are 5 shareholders.No loans or debts.
Self-funded business.
Recent Activity
-
1 week agoCXO, Edutech, Startup Consulting, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, Designing Technology, Chennai, Individual Investor / Buyer connected with the Business
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Contact Business
4 Investors contacted this Business this month.
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