Custom Application Development Company Investment Opportunity in Kanpur, India
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 100 - 200 thousand |
Run Rate Sales | USD 210 thousand |
EBITDA Margin | 20 - 30 % |
Industries | Custom Application Development |
Locations | Kanpur |
Local Time | 4:31 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Successfully executed more than 1,500 projects.
- Diverse experience across various industries.
- Transitioning into the online SaaS business sector while continuing to provide IT services, focusing on digital asset creation with a remarkable annual growth rate.
- Presently servicing a clientele of 25+ clients.
- Custom software development constitutes 80% of our revenue.
- Our clientele includes non-governmental organizations, international corporations, and businesses in the United States and the United Arab Emirates, catering to both B2B and B2C markets.
- Consistently generating recurring revenue of INR 5-6 lakhs through our virtual IT staff services.
1. Custom software development services.
2. Mobile application development solutions.
3. SAAS (Software as a Service) business solutions.
4. Virtual IT staff services.
- Diverse client base spanning various industries, including:
1. Fintech.
2. Hospitality.
3. Recruitment.
4. Real estate.
Computers and laptops.
SaaS businesses.
Online fintech and remote hiring portals.
- Employing staff nationwide in India.
- Utilizing a 1,000-square-foot office space for training and recruitment purposes.
- Monthly rent of INR 25,000.
- Located in Sector 47, Gurgaon.
- Two owners each holding a 50% share in the company.
- Secured a small loan of INR 25 Lakhs from IDFC and Bajaj Finance to fund our own product development.
- Loan carries an interest rate of 16%
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Earlier than 15 daysDirector, Business Consultancy, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Technology, Kuala Lumpur, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, Frisco, Financial Consultant connected with the Business