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.

- We currently do on an average a USD 18,000 in monthly recurring revenue.

- Our last financial year's revenue was about USD 2,20,000.

- We have over 1,500+ subscribed businesses using our solution.

- 80% of our clients are from middle east & the rest are spread across US, UK, AU, NZ, India etc. ,.

- Our ARPU (Average revenue per user) is USD 150 per year now which is slated to increase to USD 170 per year in the next 12 months.

- We are growing rapidly in the Saudi market as the new e-invoicing regulation has gone live in Dec 2021.

- UK has 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.

Certified e-invoicing, bookkeeping, and tax reporting solutions for the UK and Saudi Arabia.

Physical assets owned by us include laptops, printers, and phones.

All employees are working remotely from their homes.

The company is adequately funded and has one angel investor who invested in 2015-2016:

Founder's holdings are 85.71% and the Investor's holdings are 14.29%.