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Cloud Software Company Investment Opportunity in Chennai, India

Well-established IT company that provides staff augmentation and digitization services with 75+ clients for sale.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Cloud Software + 1 more
Locations  Chennai
Local Time 5:48 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 980 thousand for 5.0% stake (Native Currency: INR 85,000,000)
Reason: Need funds for the following. 1. By recruiting more resources to develop next phase. 2. Penetratin... View More
Includes physical assets worth USD 8.1 thousand
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Business Overview
We have customized ITSM framework with ML Framework called “PROPEL” (Continuous Improvement) which focuses on.
1. Shift left (automation & process simplification)
2. Vendor SLA tracking.
3. Business SLA tracking and forecasting.
4. Production SLA tracking and production forecasting.
5. Contracts management and so on.
- We have been recognized by "Startup India" and looking for pre-seed funding to take the MVP to market and beyond.
- We have planned to launch the product by the first-week of next month.
Products & Services Overview
Our products and services include IT staff augmentation, cloud consulting, and digitalization.
Assets Overview
Tangible- laptops and desktops.
Intangible- Knowledgeable manpower to understand the domain requirement and technical requirements.
Facilities Overview
We have a space @ RMZ Business Millennia, Chennai on rent.
Capitalization Overview
- We are self-funded and invested more than 30M INR to create MVP and take the product to market.
- We have received bank loans of INR 80 lakhs.
- The company has 2 directors with equal shareholding.
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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