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Application Software Company for Sale in Chennai, India

IT startup developing own products and services having received Innovative startup award from Indian government.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Application Software + 1 more
Locations  Chennai
Local Time 7:14 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 11.4 thousand (Native Currency: INR 1,000,000)
Reason: We have a great tech team but are not able to market the products well and scale fast in business as... View More
Documents
Business Overview
- Software application development company that develops in-house software products for clients from various industries.
- We offer development services to clients and we have our own products too.
We have developed software and applications for more than 1,450+ clients.
- Have developed 3 own software for patient care, hospital management, workforce management and we have a total of 80 users.
- We charge yearly/monthly fees for our software.
- 50% of the revenue is from our own products and 50% is from development services for our clients.
- Received innovative startup award from the Govt. of India.
- Have the eligibility to apply for all State / Central Govt. tenders.
- Have income tax exemption for 3 years.
- Sale does not include physical assets like systems, AC, furniture, printer, water dispenser, and the asking price only includes the registered entity, website, and software.
- Our business is not generating any revenue right now since we are unable to provide our complete focus to the business and operate it efficiently.
Products & Services Overview
Application software development company with in-house products for patient care, hospital management, workforce management, and offering IT services ranging from web / mobile application development, testing services, IT outsourcing.
Assets Overview
Company website, company documents with bank accounts, CRM, and software products.
Facilities Overview
It is an online business with no properties.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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