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Application Software Company Investment Opportunity in Visakhapatnam, India

Visakhapatnam-based startup specializing in web and app development services and completed 100 projects.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 29 thousand
Run Rate Sales USD 29 thousand
EBITDA Margin 40 %
Industries Application Software
Locations  Visakhapatnam
Local Time 10:49 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 26.3 thousand for 20.0% stake (Native Currency: INR 2,200,000)
Reason: Funding Required for: 1. Wages for Employees, 2. Office rent pay, 3. Marketing, 4. Office Renovation... View More
Includes physical assets worth USD 3.6 thousand
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Business Overview
- Visakhapatnam-based startup company specializing in software development, website design, and brand identity services.
- Focused on web and app development services, with a specialization in custom software development, SaaS cloud-based development, and brand identity design.
- Completed 100 projects since its inception and primarily caters to a domestic client base, but aims to expand to international clients.
- The company's revenue models include customized software development and selling existing software on monthly and yearly subscription models, with an average subscription fee of INR 2.4k per year.
- Over 40% of the company's revenue is generated from web development services and brand identity design, SaaS accounting software ledgers.
- Also develops own SaaS cloud-based accounting software with HR & payroll management features.
- Top selling products of the company include custom software development, website development, brand identity design, and SaaS accounting software.
- Business has 5 permanent employees in addition to 10 other part-time employees.
Products & Services Overview
Our top selling services are custom software development, website development, brand identity design and SaaS accounting software.
Used by companies to manage their sales, accounting & taxes, quotations, invoicing, HR & payroll, reports and online payments collections.
Assets Overview
Computers and furniture of business with chairs.
Facilities Overview
Rented office space of 240 sq. ft, located in Aganampudi, Visakhapatnam.
Capitalization Overview
Business is self-funded by the owners.
No outstanding loans.
There are 2 directors/shareholders with 90% and 10% with ownership.
Recent Activity
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2 Investors already contacted this Business. Register below to connect now!
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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