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Enterprise Software Business Assets for Sale in Mumbai, India

A platform product company: offering LLM powered platform to develop, configure & manage enterprise solutions.
This Business is on a Premium Plan
Ownership Duration 5-10 year(s)
Industries Enterprise Software
Locations  Mumbai
Local Time 9:02 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Asset Sale
Asking Price: USD 2.9 million (Native Currency: INR 250,000,000)
Reason: The co-founders are looking to exit and wish to become part of a larger software product or services... View More
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Assets Description
- This is an IP sale only.
- The platform is based on IP generated through two decades of research and development work at IIT Bombay, at one of the first AI companies started in 2005, and numerous features have been added during POCs and while developing client solutions.
- The platform integrates almost everything in one place, including AI/ML/AI Agents. Gen APIs have been integrated at the grassroots level.
- Our parent company was perceived as one of the top 10 AI companies in India during 2008–2012, receiving various awards between 2008–2015, including being a winner in the TiE Cannan Entrepreneurship Challenge, the ET Best Telecom Software Award, India Consumer Analytics Visionary Innovation Leadership Award, and a NASSCOM Innovation Award.
- It also secured funding of ₹3 Crore at a valuation of ₹20 Crore from the India Innovation Fund.
- The platform was powering ₹200 Crore of business using AI for one of the biggest telecom operators in India in 2014.
- The team has completed several POCs and delivered paid projects for a few clients.
- The company has signed an MoU with a potential major player in the BFSI space after successfully completing a POC on automation using Agent AI.
- Of the two co-founders, one is a Professor of IS/IT at IIT Bombay who holds a Ph. D. in Computer Science (Applied AI), and the other has co-founded several businesses, including another successful venture.
- The company has valid GST registration and is incorporated as a private limited company.
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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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