Application Software Company Investment Opportunity in Chennai, India
Platform Built to Support Airlines, Airports and Ground Handling Agencies to Plan their Operation, Execution.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 7.1 thousand |
| Run Rate Sales | USD 8.5 million |
| EBITDA Margin | 20 - 30 % |
| Industries | Application Software |
| Locations | Chennai |
| Local Time | 7:22 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
354 thousand
for
30.0%
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...
View More
Includes physical assets worth
USD
59 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
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.
- 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.
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.
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 daysDirector, Professional Services, New Delhi, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysIndependent Advisor, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysFounder, Healthcare Services, Hyderabad, Individual Investor / Buyer connected with the Business
Tags:
Application Software Company Investment Opportunity in Chennai, India
·Application Software Company Investment Opportunity in Madras
·Invest in Application Software Company in Chennai, India
·Application Software Company Investment Opportunity
·Invest in Application Software Company in Madras
·Investment Opportunity in Chennai, India
·Invest in Application Software Company
·Investment Opportunity in Madras
·Invest in Chennai, India
·Invest in Madras
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor contacted this Business this month.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 116,500+ other businesses of all sizes.
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.
You might also be interested in these businesses