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Application Software Business Investment Opportunity in Bangalore, India

Security software development company in Bangalore offering Facial Recognition (FRT) Technology and mobile apps.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 40 - 50 thousand
Run Rate Sales USD 280 thousand
EBITDA Margin 10 - 20 %
Industries Application Software
Locations  Bangalore
Local Time 4:23 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 117 thousand for 50.0% stake (Native Currency: INR 10,000,000)
Reason: We are having good number of government work orders in hand for integrating our Facial Recognition (... View More
Includes physical assets worth USD 590
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Business Overview
- Recently started security software development company, based in Bangalore.
- We have developed the technology name called Smart Fit, which has a unique technology, which is used for verifying an individual.
- Our products include software license, mobile application for gated communities, mobile app for securing your valuable documents in your mobile, laptop & PC, facial recognition software for security screening of Stake Holders (SHs) in airports for staffs of airport authorities, CISF, ground control operations, house keeping staff etc. , while going in and out ensuring better security for the airport premises, CCTV software and many more.
- We are currently offering our security services to gated communities like apartment complexes, housing. societies, govt. campuses, tech parks, airports etc. through mobile application. This enables individuals such as students, patients and employees safety of their personal data with privacy protection linking with the GoI initiative of DiGi Locker.
- Currently, 3 of our products which are mobile applications are in MVP Stage. Can commercially launch in 3 months of time.
- We have started operations in the middle of last year and have taken and fulfilled good number of projects and work orders this year, hence, the annual turnover this year is higher when compared to last year.
- The promoter has vast work experience in Govt and Private sectors.
- The business has MCA, MSME and start-up India registration.
Products & Services Overview
Our products include software license, mobile application for gated communities, mobile app for securing your valuable documents in your mobile, laptop & PC, facial recognition software for security screening of stakeholders (SHs) in airports, CCTV software and many more.
We are currently offering our security services to gated communities like apartment complexes, and housing. societies, govt. campuses, tech parks, airports etc. through mobile applications.
Assets Overview
Physical assets include laptops, printers, cell phones, projector, vehicle and electronics.
Facilities Overview
Rented office space, located in Jayanagar, Bangalore. Built-up area is 2,400 sq ft. Rent is INR 30k per month.
Capitalization Overview
The business is self funded.
There are two directors.
1st director is holding 90% stakes.
2nd director is holding 10% Stakes.
There are no loans or liabilities on company.
Recent Activity
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1 Investor contacted this Business this month. 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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