Application Software Company Investment Opportunity in Mumbai, India

Mumbai based technology product company focused on Skill Assessments is seeking funds for growth.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 200 thousand
EBITDA Margin
20 %
Industries
HR Consulting + 4 more
Locations
Local Time
12:44 PM Mumbai
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 3 million for 20.0% stake (Native Currency: INR 230,000,000)
Reason: The product has been developed and seen initial traction in the market. Raising funds for growth. Bu... View More
Interested to connect with advisors
Business Overview

A Mumbai technology product company looking for investment to increase operations.

Company has developed a skill assessment tool which acts as a platform to hire, train and develop talent.

Company has developed 2 tools:

1. Tool to hire experienced professionals with skill based assessments.

2. Tool to hire from campuses which consider a holistic approach based on psychometric tests, leadership skills, communication skills etc (1000 student registrations.

The market response has been great and the company has signed 10 clients in the last 6 months.

Clients include: largest private sector bank, few educational institutes, IT companies, BPO etc.

Company's USP:

The company's capability to customize content for specific evaluation purpose.

Company possesses research based statistically validated content.

Company's focus on function specific simulations.

Has developed 100,000+ statistically validated questions with 140+ different test types coupled with 45+ personality competencies.

Order books include 90,000+ assessments booked by 6 large paying corporates and 3 paying educational institutes.

Currently the revenue is being generated by product sales in a PaaS model in an online and offline model. The pricing works on a pay per test mode.

There is a dedicated sales team of 2 focused on companies and educational institutes.

Products & Services Overview

Product / Service:

1. For experienced professionals: Designed to help corporate use assessment for hiring as well as training purposes.

2. For students: Designed to help educational institute’s assess students’ and measure progress for learning, development and placements.

Facilities Overview
Recent Activity
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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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