Application Software Businesses for Sale and Investment in Bengaluru

Consistently growing 150% YOY on revenue reported revenue FY 2021-2022 US$250,000 (INR 2 crore) -One of the main reasons for this growth rate is the promoter's experience and network in the industry. -70% of our FY 2021-2022 revenue was generated from net new customers, showcasing our ability to deliver innovative solutions in the data, AI, cloud & automation space. -Our clients consist of GoAir, Fortis Hospital, Sun pharma, Mxplayer, Hotstar, and top players in Aviation, OTT & healthcare space. -We're in the negotiation phase of finalizing a yearly contract valued between US$300K - US$400K with one of India's top fintech companies to revamp their legacy IT infrastructure. the project involves modernizing their data center and legacy business applications, as well as migrating to public and hybrid cloud solutions. this contract guarantees dedicated requirements and 24/7 support from our team of skilled data engineers, cloud engineers, and SREs to ensure the IT infrastructure runs smoothly and stays agile through modern, & reliable technology solutions. -Promoters of the organization bring over two decades of industry experience from top companies such as Dell, Intel, and IBM. Worked in both India and the USA, they possess a comprehensive understanding of industry complexities and best practices, which allows them to skillfully steer organizations toward sustainable growth and profitability.

We develop digital advertising platform which is used by more than 10,000 companies. - We work with highest communication companies like Havas, Dentsu and most of car dealer brands and retails like McDonald, Porsche, etc. - We also developed platform for aeronautic and textile industries. - Till now we have done 14 major projects in total. - Business does not have any loan, the company has 4 shareholders, 2 of them hold 99.98% stake in the company, and 2 hold the rest.

Company provides engineering and R&D services in TV and OTT, automotive electronics, and embedded software for various verticals. - The company has several IPs which include a full-fledged content management system (CMS) for OTT services and automotive digital cluster solutions. - We have clients from across the globe including the USA, Europe, and the Asia Pacific apart from local clients. - Some of our prestigious clients include Siti Cable Networks and Atria Communications Technologies in India, Accedo Broadband in the USA, Duekopp Adler Germany, Dialog TV Sri Lanka, and True Digital Thailand. - Our technology partners include Google, Amazon Web Services, Qt Company, QNX Systems, and Verimatrix Inc to name a few. - The founders have significant experience in their respective domains. Our CTO has over 40 years of experience and has held senior VP-level positions in some of the leading IT companies. - We are self-funded and have been EBITDA positive in all years except 20-21 when we were impacted negatively by Covid. Turnover during the last financial year was around INR 6.5 crore. - There is significant potential to increase profitability by deleveraging the existing loans of the company which is around INR 1.2 crore. - Company has 5 shareholders, and the shareholding pattern is as follows - 35%, 46%, 6%, 6%, and 7%. - The business has liabilities that total around INR 1.2 crore. This includes a business loan and an overdraft facility with the bank.

The company was established in 2015 and was recently incorporated as a private limited company. - Have worked with 100+ clients globally. We have built over 400+ digital publications and have a tech team to cater to app development and other digital services. - We are global leaders in the segment of digital magazine publishing and the only company in the world, to have completed over 400+ digital magazines design and setup. - We have featured people like Jack Dorsey, Michelle Obama, Richard Branson, Tony Robbins, Mark Cuban, etc on our cover. - The company operates under two sub-brands: One caters to clients from E-commerce and startup industries. Another one is focused primarily on publishers and magazine companies. - Due to Covid, we are seeing a huge upside and demand for our services and looking for investors to help us scale and build our own technology product in the industry. - The promoter has over 12 years of experience in the industry and has worked with the biggest digital publication in the world, Foundr, Columbia University, Lewis Howes and many more dignitaries. The other promoter has experience working as senior sales with India today and Global Adjustments. Our advisor has over 35 years of working experience as the publication head with companies like Indian Express, Loksatta, Sunday Observer, India Today, Filmfare etc. - The two promoters own the company stake equally and the company does not have any liabilities so far. - We are looking at crossing a turnover of over INR 3 crore for this financial year with over INR 1 crore of contract in the pipeline for the coming FY. We forecast INR 4 crore of turnover from our existing services in the next year and around INR 3 crore turnover from our SaaS product. We plan to reach a company turnover of over INR 30-40 crore in 3 years with a gross margin anywhere between 80-85%. - Development of the app will be done by a well-known development company with the help of a new CTO. - At the moment, we can cater to only 10-15 clients at a time due to limited resources but with the launch of our software, we can cater to unlimited clients at the same time.