Cloud Software Company for Sale in Hyderabad, India

- E-invoicing and VAT accounting solution provider in the Kingdom of Saudi Arabia (KSA) and the United Kingdom (UK). Our solution is listed on the government portals of both countries as a recognized software solution.
- 80% of our clients are from the Middle East (Saudi/UAE/Oman/Bahrain); the rest are spread across the US, UK, AU, NZ, India etc.
- Our ARPU (Average revenue per user) is ~USD 160 per year now which is slated to increase to USD 200 per year in the next 12 months.
- We are growing rapidly in the Saudi market as the phase 2 e-invoicing regulation is implemented.
- UK made it mandatory to use a recognized VAT accounting software from April 2022 as a part of its making-tax-digital law. Due to this, we now have subscriptions from the UK as well.
- We are super high on automation and documentation.
- We have acquired all the clients organically with nearly zero spent on any kind of promotion.
- We are a highly scalable business with an opportunity to scale not only the current business but also expand our services in the future to invoice financing, cross-selling, current account, and other compliance reporting services.
- The company has three shareholders, where the co-founders hold a 85.71% stake each, and the remainder 14.29% is held by an angel investor.