Application Software Company Investment Opportunity in Faridabad, India
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 460 thousand |
Run Rate Sales | USD 485 thousand |
EBITDA Margin | 25 % |
Industries | Application Software |
Locations | Faridabad |
Local Time | 6:22 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Our primary focus is on serving clients in the US, where we have built strong relationships and maintain direct face-to-face engagements. These interactions are facilitated through a partner company based in Florida, ensuring seamless collaboration with our customers.
- Although we also serve long-standing clients in India, their contribution to our overall bottom line remains in the single digits. We continue to support these clients to maintain strong, long-term relationships.
- With over 15 years of experience in the industry, our promoter has honed their expertise.
- Have also secured GST and CIN, to support our operations.
- Two years ago, our primary focus was on iOS application development. However, we have since shifted towards emerging technologies, with a strong emphasis on blockchain development and AI/ML platforms. This shift reflects our commitment to staying at the forefront of technological advancements for our clients.
- Currently, we work with 7-8 clients from diverse industries, providing tailored solutions that meet their unique needs. Our ability to adapt to different sectors ensures we can deliver value across a broad range of use cases.
- To meet project-specific requirements, we leverage contract-based employees, enabling us to maintain flexibility while bringing in specialized expertise as needed.
- Recently, we took a strategic step by registering a wholly owned subsidiary in Sacramento, California. This move strengthens our direct presence in the US market and aligns with our focus on expanding our operations in the region.
F2F dealings with US-based entities.
- Company-owned two-bedroom apartment valued at INR 55 lakhs.
- A commercial property of 600 sq. ft. with an estimated value of INR 35 lakhs.
This is a company owned property.
Shareholders are 2, family-owned business.
50-50 split among shareholders.
Debt of INR: 70 lakhs outstanding.
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Earlier than 15 daysCo Founder And CEO, Information Technology & Services, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Technology, Kuala Lumpur, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, IT Services, Hyderabad, Individual Investor / Buyer connected with the Business