BFSI Enterprise Software Company for Sale in Bangalore, India

For Sale: 20 year old fintech company providing software solutions having 35 Banks as clients.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 370 thousand
EBITDA Margin
50 %
Industries
Locations
Local Time
9:15 PM Bangalore
Listed By
Management Member
Status
Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.6 million (Native Currency: INR 115,000,000)
Reason: Moving into other venture.
Includes physical assets worth USD 35 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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Documents
Business Overview

- We are successfully catering all the needs of Co-Operative Banks and Financial Institutions from past 20 Years.

- We provide entire IT solutions under a single roof namely (Hardware, Installation, Networking, Security, Software, Training and Customer Support) for Retail Banking and Co-Operative financial Institutions.

- The company provides three types of solutions to banks namely Data Centre Module (CBS), Rental Module (CBS) and TBA (Total Bank Automation) Module successfully to all its customer.

- We provide all the Delivery Channels namely SMS Gateway Solutions, RTGS / NEFT Solutions, ATM Solutions, Online Website, Mobile app Solutions for Retail Banks.

- Our Core Banking Solutions is compliant with RBI Act, IT Act, and State Co-Operative Act.

- The CBS Core is designed with Distributed Database Computing Technology Which Aides our Customer to Provide 99.99% Uptime.

- Our CBS Network Architecture is Designed on Terminal Services so that even the remote Branches in India with lowest Bandwidth can also provide services to its clients.

- The Team is well experienced and capable of handling any technical or commercial challenges within a given time frame.

- We have converted many of the Competitor’s Clients (Processware, Infrasoft, Sesame, Ramsoft, Realsoft Etc) as our Clients through our services, product and market credibility.

- The company is selected as the emplaned Advisors for Reserve Bank OF India Of Training Co-Operative Banks in “Implementation of Core Banking Solutions”

- We are rated as “20 Most Promising Banking Technology Companies” in CIO review Magazine and also in “Silicon India”.

- The company is self sufficient and has no Financial / Legal liabilitiy.

- Our CBS Product still has a “DATA Centre Module” Market of around 1500 to Pursue Approximately amounting to 225 Crores of Software and 135 Crores Of Hardware and Networking Solutions in india.

- Our CBS Product still has a “Rental Module” market of around 1500 to Pursue Approximately amounting to 11.5 Crores Annually in india.

- Our TBA Product still has a Market Potential of 147991 Credit Societies and 458068 Non-Credit Societies assuming 30% of market share in 3 years amounts to 975 Crores in india.

- Our TBA Product on a SAAS Module still has a Market Potential of 147991 Credit Societies and 458068 Non-Credit Societies assuming 30% of market share in 3 years amounts to 90 crores on annual basis in india.

Products & Services Overview

Fintech Solutions (CBS and Delivery Channels) for Banking and Financial institute.

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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