Application Software Startup Investment Opportunity in Coimbatore, India
Established | 0-1 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 90 - 100 thousand |
Run Rate Sales | USD 550 thousand |
EBITDA Margin | 30 - 40 % |
Industries | Application Software + 1 more |
Locations | Coimbatore |
Local Time | 1:44 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Previously we were providing customized Web3 development solutions and also generated INR 75 lakh in revenue with just 2 projects.
- Currently, we have 4 clients, 2 international and 2 domestic.
- 65% of the revenue is from international clients.
- We charge a project-wise fee from our clients but are planning to adopt a subscription base model in the near future.
- Now we have decided and entered into the media space.
- Our products and services have a wide range of capabilities that can cater the future technological developments. (We are a concept/prototype stage startup).
- We already have received "Best IT Startup" from Tamil Nadu Startup Awards.
- Business has 5 employees, 3 working in development, 1 in UI, and 1 in security.
- All 5 employees are experienced in various domains and their our own frameworks, hence the business generates a high revenue per employee.
- The company started its operations in the last quarter of the previous year.
We currently have designed a Web3 distribution technology application, which covers various industries' requirements and is proven to create demand. The application basically takes care of every aspect of content management. Starting from rights management to monetization.
As of now, the business owns 8 laptops and a PC. Apart from this it has a hosting facility in GoDaddy and has access to a few domain names both of the company's and the names of the products.
We work in a garage office as of now. The facility is owned by the company director and is located in the north of the city.
The startup is completely bootstrapped and 100% ownership of the company remains with the founders.
There are 2 founders with 80% and 20% stake.
The company has no outstanding loans.
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Earlier than 15 daysDirector, Software Products And Services, Coimbatore, Individual Investor / Buyer connected with the Business