Custom Application Development Company Seeking Loan in Vijayawada, India
IT company involved in development of AI solutions bot to automate back office operations.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 58 thousand |
| Run Rate Sales | USD 90 thousand |
| EBITDA Margin | 40 % |
| Industries | Custom Application Development |
| Locations | Vijayawada |
| Local Time | 6:43 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Seeking Loan
USD
460 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 40,000,000)
Reason: The business is seeking a loan to help with operational expenses and to build a new AI based tool.
...
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Collateral Available: USD 0
Includes physical assets worth
USD
23 thousand
Name, Phone, Email
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Business Name
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Business Overview
- Company based in Vijayawada, specializing in custom application development with a focus on AI solutions and automation trends.
- Operates with a skilled team of 10 employees delivering diverse IT services including web and mobile app development, and AI and ML solutions.
- Extensive service offerings also include custom software development, cloud computing services, BPO sales and marketing, database design, IT support, and IoT integration.
- Partnered with Health Sphere Solutions, to develop an IoT-enabled remote health monitoring system.
- Tech verse Innovations collaboration showcases expertise in blockchain technology for enhanced supply chain transparency.
- Expanded operations into North America, effectively doubling the client base in the past two years while completing over 200 projects globally last year.
- A strategic plan is underway to introduce a new automation product for the BPO sector, projected development period of 18 months targeting both IT and healthcare departments and ensuring GST compliance.
- Typically manages 1-2 projects at a time, ensuring quality and focused execution adhering to industry standards.
- Operates with a skilled team of 10 employees delivering diverse IT services including web and mobile app development, and AI and ML solutions.
- Extensive service offerings also include custom software development, cloud computing services, BPO sales and marketing, database design, IT support, and IoT integration.
- Partnered with Health Sphere Solutions, to develop an IoT-enabled remote health monitoring system.
- Tech verse Innovations collaboration showcases expertise in blockchain technology for enhanced supply chain transparency.
- Expanded operations into North America, effectively doubling the client base in the past two years while completing over 200 projects globally last year.
- A strategic plan is underway to introduce a new automation product for the BPO sector, projected development period of 18 months targeting both IT and healthcare departments and ensuring GST compliance.
- Typically manages 1-2 projects at a time, ensuring quality and focused execution adhering to industry standards.
Products & Services Overview
We provide services like web development, mobile application development, custom software development, database design and development, IT support, BPO sales and marketing, cloud services, and AI and ML solutions using RPA for automating systems. We develop both product and website applications.
Assets Overview
The business currently holds office infrastructure worth INR 20 lakhs.
Facilities Overview
The business operates from a rented office in Vijayawada.
Capitalization Overview
The business has 2 directors holding 65% and 22%.There is an external investor holding 13%.
There are no loans on the business.
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