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Cloud Software Company for Sale in Bengaluru, India

For sale: SaaS based apartment society cloud platform, that has 6,000 residents using the product.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales INR 3.1 lakh
Run Rate Sales INR 3.6 lakh
EBITDA Margin 20 - 30 %
Industries Cloud Software
Locations  Bengaluru
Local Time 4:41 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: INR 1.5 crore (Native Currency: INR 15,000,000)
Reason: Owner is shifting out of the country. Looking for a new buyer to take the business to new heights.
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview
- A business that has developed a SaaS based apartment society cloud platform, based in Bangalore and has been operating since 2016.
- The software is used by apartment societies to manage various functions such as finances, invoices and payments, notifications, security management with bio-metrics, visitor management, complaint management and many many more functions which form part of day to day operations in any society from small to big.
- The product is sold directly to the societies, who further encourage their residents to download and use the platform.
- Currently we have 6,000 residents who use the platform end to end. Ranging from units of 34 to 2200.
- We follow a monthly subscription model. The societies pay us an advance of 1 year when they purchase the product.
- Has extraordinary potential with various modes of revenue generation along with actual subscription.
Products & Services Overview
Transparency in society accounts and finance, Automation of Monthly invoicing & payments, Activities of societies will be on finger tips, Better organizing, Tracking & Maintenance with ease, SMS & Email notifications for reminders and information, Society Compliant management, Asset & Inventory tracking, Visitor management, Security governance includes staff and servants entry with bio-metric with SMS notifications to residents and committee members & many more features which reduce effort and time for management and residents.
Facilities Overview
No permanent facility and we are a cloud platform.
Capitalization Overview
Not Disclosed
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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