Digital Technology Services Business Seeking Loan in Nellore, India
IT services provider for SMEs in Nellore currently working on INR 20 Cr government project.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | General Partnership |
| Reported Sales | USD 400 - 500 thousand |
| Run Rate Sales | USD 2.1 million |
| EBITDA Margin | 20 % |
| Industries | Digital Technology Services |
| Locations | Nellore |
| Local Time | 9:45 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
234 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 20,000,000)
Reason: Seeking funds for cash flow for execution and completion of the project.
The sought transaction amo...
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Collateral Available: USD 0
Includes physical assets worth
USD
70 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Logo
(15.2 KB)
ROC-Verification.pdf
(65.7 KB)
Business Overview
- IT services provider to SMEs located in Nellore.
- The company offers ICCC integration services, water SCADA, and smart elements.
- The company's revenue is primarily project-based.
- Currently working on a large-scale government-funded smart infrastructure project worth INR 20Cr for a major smart city client in AP.
- The business boasts low overheads, consistent cash flow for the next 6 years, and only payroll costs at present, indicating a financially stable operational model.
- The company's current focus on a large government-funded project which is a shift from small-scale projects for SMEs to larger is the reason for the significant growth in annual turnover from last year to this year.
- There are 6 permanent employees, who are sufficient for running the business operations. No additional contract or temporary employees.
- The business holds MCA and MSME registrations.
- The company offers ICCC integration services, water SCADA, and smart elements.
- The company's revenue is primarily project-based.
- Currently working on a large-scale government-funded smart infrastructure project worth INR 20Cr for a major smart city client in AP.
- The business boasts low overheads, consistent cash flow for the next 6 years, and only payroll costs at present, indicating a financially stable operational model.
- The company's current focus on a large government-funded project which is a shift from small-scale projects for SMEs to larger is the reason for the significant growth in annual turnover from last year to this year.
- There are 6 permanent employees, who are sufficient for running the business operations. No additional contract or temporary employees.
- The business holds MCA and MSME registrations.
Products & Services Overview
Services include ICCC integration services, water SCADA and smart elements such as blockchain development, cybersecurity, analytics & engineering, data & cloud computing, platform development etc.Was previously working with SMEs.
Current project is for a government funded smart infra project.
Assets Overview
Physical assets include office assets such as furniture, computers, laptops, servers etc.Software, hardware skills, civil skills, supply for smart elements and water scada in progress.
Facilities Overview
Currently operating from a co-working space in New Military Col, Nellore. Rent is INR 60k per month.We do not own any facilities or inventory as of yet.
Capitalization Overview
All money is seed funded by the primary owner of the business.No loan taken as of now.
The business has 3 owners with equity split of 50/25/25.
Recent Activity
-
Earlier than 15 daysDirector, Financial Consultant, Ahmedabad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Residential Renovation Services, Singapore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysM&A - Vice President, Healthcare And Medical, New Delhi, Corporate Investor / Buyer connected with the Business
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