Application Software Startup Equity Stake For Sale in Kuwait City, Kuwait
School fleet tracking software seeking partial stake sale for marketing and rapid GCC expansion.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 49 thousand |
| EBITDA Margin | Nil |
| Industries | Application Software |
| Locations | Kuwait City |
| Local Time | 3:11 AM Asia / Kuwait |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Partial Stake Sale
USD
163 thousand
for
12.0%
stake
(Native Currency: KWD 50,000)
Reason: The investment is required for the marketing of our brand and product.
We want to reach our audienc...
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Includes physical assets worth
USD
49 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Business that provides tracking solutions for school fleets and private transportation.
- We already have signed contracts with 2 French schools (50 students) and the United Indian school (1,200 students).
- We charge KWD 1 per student per month from the schools.
- Our software lets parents easily track their children and lets schools obtain important analytics about their drivers and fleet.
- We are also in talks with Kharafi Global and the International School of Kuwait, and they have about 1,500 students each.
- All the tech was developed in-house by us.
- Business was incorporated and started development last year and has commenced operations this month only.
- Its been more than 8 months now working on the business and we have got a good response to our product from schools as well as B2B corporate companies for yearly commute on day to day basis.
- The business has an active trade license.
- We already have signed contracts with 2 French schools (50 students) and the United Indian school (1,200 students).
- We charge KWD 1 per student per month from the schools.
- Our software lets parents easily track their children and lets schools obtain important analytics about their drivers and fleet.
- We are also in talks with Kharafi Global and the International School of Kuwait, and they have about 1,500 students each.
- All the tech was developed in-house by us.
- Business was incorporated and started development last year and has commenced operations this month only.
- Its been more than 8 months now working on the business and we have got a good response to our product from schools as well as B2B corporate companies for yearly commute on day to day basis.
- The business has an active trade license.
Products & Services Overview
We provide solutions for:- Student and fleet tracking (B2B). We provide student transportation tracking solutions for students going to school where parents can track their children.
- Private safe group transportation (B2C).
Our student and fleet tracking has been launched to schools in Kuwait for now. The private safe group transportation will be launched soon.
Assets Overview
Tangible assets include the office equipment, electronics, computers, and mobile phones used for development and testing.Intangible assets include our entire source code, Android and iOS apps, website and domain.
Facilities Overview
We operate from a rented office in Kuwait City.
Capitalization Overview
- No loans or debts.- Self funded.
- 4 co-owners in the business.
Tags:
Application Software Startup Investment Opportunity in Kuwait City, Kuwait
·Invest in Application Software Startup in Kuwait City, Kuwait
·Application Software Startup Investment Opportunity
·Investment Opportunity in Kuwait City, Kuwait
·Invest in Application Software Startup
·Invest in Kuwait City, Kuwait
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