Application Software Business for Sale in Jaipur, India
Established accounting software provider with 1,500+ clients and untapped growth potential in the key sectors.
| Established | 20-30 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 9.1 thousand |
| Run Rate Sales | USD 84 thousand |
| EBITDA Margin | 40 % |
| Industries | Application Software |
| Locations | Jaipur |
| Local Time | 6:13 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
470 thousand
(Native Currency: INR 40,000,000)
Reason: The business holds strong potential, particularly in the cooperative banking and retail sectors, but...
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Business Overview
- The business began operations by developing software to automate banking processes designed to automate bank processes like account matching, generating reports, and maintaining balance sheets.
- With over 30 years in banking and software, the promoter developed solutions tailored to cooperative societies and small businesses.
- The revenue is driven by recurring income from annual maintenance charges (AMC) and automated software solutions, allowing efficient client servicing even with a small team.
- The software expanded to 1,500+ PACs across Rajasthan, helping manage accounts, loans, and trade activities.
- The software evolved into a rebranded version, serving diverse businesses like medical shops, manufacturers, and financial institutions.
- Despite setbacks during the pandemic, the business continues to generate revenue through annual maintenance charges (AMC) from 100+ PACS.
- Strong ties with cooperative societies, banks, and NABARD have fueled the software’s growth. These strategic partnerships are driving a widespread adoption.
- With over 30 years in banking and software, the promoter developed solutions tailored to cooperative societies and small businesses.
- The revenue is driven by recurring income from annual maintenance charges (AMC) and automated software solutions, allowing efficient client servicing even with a small team.
- The software expanded to 1,500+ PACs across Rajasthan, helping manage accounts, loans, and trade activities.
- The software evolved into a rebranded version, serving diverse businesses like medical shops, manufacturers, and financial institutions.
- Despite setbacks during the pandemic, the business continues to generate revenue through annual maintenance charges (AMC) from 100+ PACS.
- Strong ties with cooperative societies, banks, and NABARD have fueled the software’s growth. These strategic partnerships are driving a widespread adoption.
Products & Services Overview
The business provides software services:- Accounting & bookkeeping.
- Loan management (short-term, agricultural loans)
- Inventory & sales tracking (fertilizers, seeds, PDS/non-PDS items)
- Billing & invoicing.
- Financial reports (day book, balance sheet, liquidity reports)
- Supermarket & retail module (for societies running stores)
Serving:
- Cooperative banks, PACS.
- Pharmaceuticals & medical industry.
- Co-operative societies.
- Retail stores.
Assets Overview
No significant tangible assets.Intangible assets include:
- Copy of the source code (stored on a pen drive)
- Soft copy of related documents.
- Software application with source code.
- Client data.
- Trademark.
Facilities Overview
The business operates completely remotely, providing software solutions and support to clients without the need for in-person meetings.
Capitalization Overview
Sole proprietorship with no loans or external funding raised.
Recent Activity
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Earlier than 15 daysCXO, Edutech, Startup Consulting, Chennai, Individual Investor / Buyer connected with the Business
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