Biometric Products Business Investment Opportunity in Ahmedabad, India
Developer of cloud-based time and attendance application integrated with biometric products wants investment.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 22 thousand |
| Run Rate Sales | USD 30 thousand |
| EBITDA Margin | 25 % |
| Industries | Biometric Products + 1 more |
| Locations | Ahmedabad |
| Local Time | 11:00 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
60 thousand
for
15.0%
stake
(Native Currency: INR 5,000,000)
Reason: Marketing in All over India as well as abroad.
Includes physical assets worth
USD
12 thousand
Interested to connect with advisors
Business Overview
- Business has a cloud application which can be integrated with biometric (face and fingerprint) devices.
- Has applications for HR and Payroll.
- Time attendance, leave management, time sheet concept, etc. are some of the features of this system.
- 100 clients in India and 70 US clients.
- Owner is a Chartered Accountant having 12 years of USA IT experience and running business since 2006.
Products & Services Overview
Azure Cloud base Time & Attendance with HR and Payroll package which calculate OT, Leave, Payroll taxes,
Managers Login,
Employees Login.
Mobile application in all the platforms.
Integration with our payroll companies.
Integration with BioMetric Device - Face or finger.
ERP.
Facilities Overview
1500.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysInternational Sales Head, Electronic Manufacturing, Ahmedabad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysJoint Manager, IT, Valsad, Corporate Investor / Buyer connected with the Business
Tags:
Application Software Business Investment Opportunity in Ahmedabad, India
·Biometric Products Business Investment Opportunity in Ahmedabad, India
·Invest in Application Software Business in Ahmedabad, India
·Invest in Biometric Products Business in Ahmedabad, India
·Application Software Business Investment Opportunity
·Biometric Products Business Investment Opportunity
·Investment Opportunity in Ahmedabad, India
·Invest in Application Software Business
·Invest in Biometric Products Business
·Invest in Ahmedabad, India
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
