Custom Application Development Business Investment Opportunity in Bangalore, India
Providing outsource product development, mobile application development and resource augmentation for enterprise customers.
This transaction has concluded.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | USD 390 thousand |
| Run Rate Sales | USD 430 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Custom Application Development + 1 more |
| Locations | Bangalore |
| Local Time | 11:54 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
240 thousand
for
30.0%
stake
(Native Currency: INR 20,000,000)
Reason: Looking to set up new sales office in US and tap into bigger market there. Further enhance our produ...
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Includes physical assets worth
USD
36 thousand
Interested to connect with advisors
Documents
ROC - Verification
(59.4 KB)
ROC-Verification.pdf
(59.4 KB)
Business Overview
- A mobile and custom application development company located in Bangalore and Chennai. We have been operating since the last 6 years.
- We are focussed on enterprise segment for software and work with customers like Essilor, Lifestyle. We have long term engagements with at least three of our customers.
- Our year on year revenue growth has been almost 100%. The current year target is a USD 1M and we are on track to achieve this.
- We are focussed on enterprise segment for software and work with customers like Essilor, Lifestyle. We have long term engagements with at least three of our customers.
- Our year on year revenue growth has been almost 100%. The current year target is a USD 1M and we are on track to achieve this.
Products & Services Overview
UI / UX, Mobile Application Development in Android, IOS and Hybrid Stacks, Sales force Application development, Software development in PHP /. Net / MEAN Stack, E-Detailing / CLM, Support - L1 / L2.
Facilities Overview
We have moved to a co-working space in Bangalore and looking to expand our development centre in Chennai. Our rented office space in Chennai can seat over 90 employees and now seats about 30 people include tech support.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysChairman, Lead Generation & Marketing, Topsfield, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Education / Technology, Thiruvananthapuram, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCFO, IT Services, Princeton, Corporate Investor / Buyer connected with the Business
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