Application Software Company for Sale in Bangalore, India
Established | 5-10 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | USD 170 thousand |
Run Rate Sales | USD 220 thousand |
EBITDA Margin | 8 % |
Industries | Application Software |
Locations | Bangalore |
Local Time | 6:24 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- We are an AI based supply chain startup company serving almost 100 customers on a monthly basis.
- Promoters have 26 years of collective industry experience. The co-founder is an IIMA alumnus with 5 years of consulting and 5 years of entrepreneurial experience. He has ideated and delivered two apps in FMCG/commodity supply chain space.
- The other co-founder is an XLRI alumnus with 19 years of FMCG (Coca-Cola, GSK) and entrepreneurial experience. He has built the entire sales and operations structure of the app.
Technology: Android app, back-end architecture, and admin panel. Multi-city, multi-warehouse data architecture to showcase localized rates to every client in the app.
Smart Cart: It auto-populates items and quantities that a user should be ordering. This is an AI engine and derives its intelligence from all purchase orders created on the app.
Quotations: This functionality is useful when clients give their list of requirements and ask for total order value basis current rates. Salesmen can quickly share quotation basis current rates in the system.
Pricing mechanism system: Our pricing mechanism powered us to quote selling price without knowing the current cost price of items. Extremely useful for quoting commodity rates without having actual stock in hand. All rates on our app are published using this mechanism.
Adaptive pricing: Basis market fluctuation, the pricing of products can auto-adapt to get the maximum margin.
Order-based procurement system: We procure 90% of stocks after getting the order. Hence, we designed a solution that allowed employees to club items from multiple purchase orders and assign a supplier to each item. Within 5 mins, we are able to convert client orders to supplier orders.
Full business with IT infrastructure and tech resources including Android app, back-end architecture, and admin panel.
Co-working space with 5 seats, computers, and other infrastructure.
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Earlier than 15 daysDirector, Dubai, Business Broker connected with the Business
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Earlier than 15 daysManaging Director, IT Services, Bhubaneswar, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysProject Head, Infrastructure, Delhi, Corporate Investor / Buyer connected with the Business