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Application Software Company for Sale in Bangalore, India

AI voice based procurement engine / solution for food service businesses (hotels & restaurants)
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 190 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 8 %
Industries Application Software
Locations  Bangalore
Local Time 10:55 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 700 thousand (Native Currency: INR 50,000,000)
Reason: Moving to other initiatives. Open for transition period.
Includes physical assets worth USD 270
Interested to connect with advisors
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Business Overview

- 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.

Products & Services Overview

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.

Assets Overview

Full business with IT infrastructure and tech resources including Android app, back-end architecture, and admin panel.

Facilities Overview

Co-working space with 5 seats, computers, and other infrastructure.

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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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