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Custom Application Development Company Seeking Loan in Vellore, India

Custom software development company with 7 products looking to launch a new product.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 47 thousand
Run Rate Sales USD 57 thousand
EBITDA Margin 20 %
Industries Custom Application Development + 1 more
Locations  Vellore
Local Time 12:11 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 47 thousand for 10.0% annual interest, 2 years (Native Currency: INR 4,000,000)
Reason: Require funds for sales and marketing of product in Indian market as well as outside of India, impro... View More
Collateral Available: USD 59 thousand
Includes physical assets worth USD 83 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- We are a custom software development company with a head office in Vellore and three other branches.
- We focus on areas of software application development, image processing, augmented reality, virtual reality, automation software for industrial purposes and iOS and Android app development.
- So far we have created over 7 products and we customize them to meet client needs. In the future we plan to develop them into retail models.
- Have 2 major clients who have turnover in crores as well as numerous small clients.
- Promoter has over 10 years of experience in the field of software development.
- Physical assets of the company are the desktops, IT infrastructure and furniture.
- Looking to launch and sell our own learning management software soon for which we require funding.
Products & Services Overview
Services, Application Development, Hosting Services, Digital Marketing, Third Party API Integration, Supporting Services, Custom Software Development.
Facilities Overview
We have a corporate office as well as three branches. These properties are all rented. Corporate office in Vellore of 1,500 Sq. Ft. Brach offices in Warangal of 1,400 Sq. Ft, Hyderabad of 1,000 Sq. Ft, and Rajahmundry of 2,350 Sq. Ft.
Capitalization Overview
Not Disclosed
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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