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Custom Application Development Business Investment Opportunity in Ahmedabad, India

Reputable software development company with global clients seeks funds to expand into blockchain and DevOps.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 30 thousand
Run Rate Sales USD 21 thousand
EBITDA Margin 20 %
Industries Custom Application Development
Locations  Ahmedabad
Local Time 10:06 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 40 thousand for 10.0% stake (Native Currency: INR 3,500,000)
Reason: For business expatiation we need to set up some good infra office, in-house developers & BDM. The o... View More
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Business Overview
- Business is a reputable custom web and mobile application development company based in Ahmedabad, serving both Indian and international clients.
- The company has successfully catered to over 30 clients, demonstrating strong market demand for its services.
- Offers a wide range of development services across various technologies, including React native, iOS, android, Magento, Drupal, java, salesforce, and many more, positioning itself as a versatile service provider.
- An impressive 90% of the company's revenue is generated from its Magento services, highlighting its expertise and leadership in this specific area of custom application development.
-Emphasizes providing high-quality development services at competitive prices, making it an attractive option for businesses looking for cost-effective solutions.
- The company is looking to expand its offerings to include advanced technologies such as blockchain, DevOps, and IT infrastructure setup, indicating a strategic approach to tapping into emerging market trends.
- There has been a drop in sales, as the number of clients has reduced for the time being as we were focused on a large project on hand.
Products & Services Overview
IT software development company providing custom websites and mobile applications.
Business also provides cloud services at times when needed.
Our major clines are e-commerce websites as they need Magento services.
Assets Overview
The business does not hold any physical assets.
The intangible assets owned by the business are:
- Website.
- Software.
- Online portfolios and profiles.
- Client base.
Facilities Overview
The business has rented a coworking space in Ahmedabad, and all operations take place from there.
Capitalization Overview
The business is a proprietorship firm with a vision already.
The owner has never taken any external funding previously from the market and is running this company on his own funds.
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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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