Application Software Company Equity Stake For Sale in Chennai, India
Platform Built to Support Airlines, Airports and Ground Handling Agencies to Plan their Operation, Execution.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 6.7 thousand |
| Run Rate Sales | USD 80 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Application Software |
| Locations | Chennai |
| Local Time | 11:02 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
335 thousand
for
10.0%
stake
(Native Currency: INR 30,000,000)
Reason: We have a product suite for airlines with software for CRM, HRM, and asset tracking. The beta has be...
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Includes physical assets worth
USD
56 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
Certificate of Incorporation
(523.7 KB)
Udaan Certificate
(321.2 KB)
GSTN
(107.4 KB)
ROC-Verification.pdf
(73.9 KB)
Business Overview
- Company-building technology solutions for airlines and airports.
- We have developed a software suite for airlines that will help streamline their operations in the airport.
- Beta version has been launched and is being used by United Airlines.
- We plan to only target the EU and the US markets.
- Pre-revenue company with 2 projected revenue streams.
• Big airlines will opt for our services through the Capex model.
• Low-cost carriers will opt for the SaaS subscription-based model.
- We have won awards at the 'Airport Technology Excellence Awards and the 'AI Business Excellence Awards'.
We are expecting an annual turnover of USD 10 million.
- The company has a Certificate of Incorporation, Udaan Certificate and a GSTN.
- The number of employees have been recently increased to meet with out project requirements.
- We have developed a software suite for airlines that will help streamline their operations in the airport.
- Beta version has been launched and is being used by United Airlines.
- We plan to only target the EU and the US markets.
- Pre-revenue company with 2 projected revenue streams.
• Big airlines will opt for our services through the Capex model.
• Low-cost carriers will opt for the SaaS subscription-based model.
- We have won awards at the 'Airport Technology Excellence Awards and the 'AI Business Excellence Awards'.
We are expecting an annual turnover of USD 10 million.
- The company has a Certificate of Incorporation, Udaan Certificate and a GSTN.
- The number of employees have been recently increased to meet with out project requirements.
Products & Services Overview
The platform helps airlines, airports, and Ground Handling Agencies build manpower by planning and tracking their activities, improving the best customer experience and on-time Performance of the Airlines.
Assets Overview
Tangible assets - all the laptops and computers.Intangible assets - subscriptions and licenses for AWS and Microsoft Office.
Facilities Overview
Our registered office is in a western suburb of Chennai whereas our team works work a rented co-working space in Central Chennai.10 team members work from Chennai, 3 work from Hyderabad, and 2 airline domain experts are based in Mumbai.
Company also has presence in Bangalore.
Capitalization Overview
- Shareholding split of 75:5:5:5:10, where 5% has been kept for ESOPs (not offered any ESOP as of today)- 100% bootstrapped company with no bank loans.
Recent Activity
-
Earlier than 15 daysCEO, Aviation And Aerospace Component Manufacturer, Oakville, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysIndependent Consultant, Chennai, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Professional Services, New Delhi, Individual Investor / Buyer connected with the Business
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