Cloud Software Company Investment Opportunity in Chennai, India

Traction & numbers:

1. Current customers include The Hindu, CavinKare, GRT Jewelry, Corporation of Chennai, BSNL, Arun Excello, Manipal University, Hutson, CMA CGM, INDmoney, Parvathy Hospital, and more.

2. Monthly recurring revenue is $14.7K. (INR 12 lakh)

3. Yearly customer growth rate greater than 40%

4. The present user count is 1,500.

5. $50B global cloud telephony market.

6. Promoters have 50+ years of cumulative industry experience.

7. We have two revenue models. The first is the full sale of the software and the second is SaaS and monthly subscription based.

8. Our software helps businesses in delivering outstanding customer experience.

We are a software company and our services include -

- Cloud telephony.

- Cloud call center CRM.

- Cloud telephony API.

- Cloud IVR.

Physical assets include office set up, interiors, furniture, 30 laptops, 6-7 servers, and advance payments.

Intangible assets include DOT license (VNO-UL) for cloud telephony.

We have an office on a rental basis with an area of 1,400 sq ft in the north of the city.

Bootstrapped company from 2019 onwards. We have OD from the bank and some business loans from a bank for 3 years and one year completed.

The total outstanding loan is INR 40 lakh. Business has three shareholders with 90%, 5% and 5% stake.