Application Software Company Investment Opportunity in Mumbai, India
|Employees||10 - 50|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 70 thousand|
|Run Rate Sales||USD 200 thousand|
|EBITDA Margin||20 %|
|Industries||HR Consulting + 4 more|
|Local Time||1:28 PM Asia / Kolkata|
|Listed By||Business Owner / Director|
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.
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.
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.
A 2,000 Sq ft. Rented office with monthly rent of Rs 82,500 / and an advance of Rs 4,00,000.
Earlier than 15 daysDirector, Technology, IT, Massachusetts, Individual Investor / Buyer connected with the Business
Earlier than 15 daysRelationship Manager, Religare Finvest Ltd., India, NBFC connected with the Business
Earlier than 15 daysManaging Director, IT, BPO And KPO, Mumbai, Corporate Investor / Buyer connected with the Business