Enterprise Software Company for Sale in Hyderabad, India
HR workforce management and payroll compliance app with 1,000+ active subscribers, ready for acquisition.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 3.5 thousand |
| Run Rate Sales | USD 4.2 thousand |
| EBITDA Margin | Operating at loss |
| Industries | Enterprise Software + 1 more |
| Locations | Hyderabad |
| Local Time | 6:41 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
234 thousand
(Native Currency: INR 20,000,000)
Reason: The owners want to focus more on their main business, so they are considering stepping back from thi...
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Business Overview
- Mobile app designed to manage employee attendance, automate leave tracking, and ensure payroll compliance.
- It also enables both employees and managers to easily access and manage their personal and work-related information.
- Our primary customers are companies with 25 to 500 employees, typically seeking scalable solutions for workforce management and operational efficiency.
- The app follows a subscription-based pricing model, with a charge of INR 30 per employee per month.
- Currently, there are 1,000+ subscribers across 12-13 companies.
- Approximately INR 1.8 crore has been invested in the development of the application.
- We have a team of 8 skilled developers who are necessary for the development and smooth operation of the software.
- The business is currently in its early stages with a limited subscriber base, primarily due to minimal marketing efforts. We also pay an ongoing monthly maintenance fee of INR 3 lakh for hosting and cloud storage. As a result, the expenses exceed the revenue, and it is currently operating at a loss.
- It also enables both employees and managers to easily access and manage their personal and work-related information.
- Our primary customers are companies with 25 to 500 employees, typically seeking scalable solutions for workforce management and operational efficiency.
- The app follows a subscription-based pricing model, with a charge of INR 30 per employee per month.
- Currently, there are 1,000+ subscribers across 12-13 companies.
- Approximately INR 1.8 crore has been invested in the development of the application.
- We have a team of 8 skilled developers who are necessary for the development and smooth operation of the software.
- The business is currently in its early stages with a limited subscriber base, primarily due to minimal marketing efforts. We also pay an ongoing monthly maintenance fee of INR 3 lakh for hosting and cloud storage. As a result, the expenses exceed the revenue, and it is currently operating at a loss.
Products & Services Overview
- HR mobile app to maintain the entire attendance of the organization, automate leaves, and ensure payroll compliance. It helps employees and managers manage their information.- The app automates leave requests with a built-in approval workflow and provides access to payroll details and pay slips.
- Employees can clock in and out using facial recognition and geofencing, ensuring accurate and secure attendance tracking.
- It also includes shift schedules, organization-wide calendars, and internal announcements, keeping everyone informed and aligned.
- The primary customers are companies with 25 to 500 employees, typically seeking scalable solutions for workforce management and operational efficiency.
Assets Overview
There are no tangible assets included in the transaction.The intangible assets included are the mobile app, software application, and active subscribers.
The buyer will not get the entity that owns the software.
He/she will only get the mobile app.
Facilities Overview
- The registered office is in Hyderabad.- It is not a part of this transaction.
Capitalization Overview
We have funded the development of the software through loans as well as our own funds. However, the loans will not be transferred to the buyer as we will retain the entity.
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