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Enterprise Software Company for Sale in Kolkata, India

Education partner of Tier 1 technology company providing globally recognized certification courses to universities, corporates.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 10 - 20 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Enterprise Software
Locations  Kolkata
Local Time 10:34 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 36 thousand (Native Currency: INR 3,000,000)
Reason: Exiting the field of education.
Includes physical assets worth USD 36 thousand
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Business Overview

- Deliver online technology certification courses from IBM on LMS.

- Have in house developed assessment platform that works with leading LMS platforms i. e. Moodle, OpenEdx, and has been used by academia and corporates for Internal assessment and in recruitment platforms such as private technology colleges in West Bengal, Assam, Indian Army, L&TIT (now LTI Mindtree), mJunction, Techno India Group, and IBM.

Revenue is generated through a monthly subscription model and for now, we have stopped renewing subscriptions with no pending contractual obligations left.

- Customers willing to provide references for services delivered.

Products & Services Overview

- Our company is a registered business partner of IBM in Eastern India, providing self-learning and instructor-led courses carrying IBM certification to corporates and academic institutions.

- It also provides online assessment tests in any subject using its own developed platform Cleartestonline.

- This is a cloud-hosted SaaS offering, completely developed and operated by the company.

It has been used by corporates for recruitment, employee evaluation tests.

- References can be provided on request.

Assets Overview

AC, furniture, tables, projector.

Intellectual property rights of the software product for online assessments.

Facilities Overview

1,000 sq ft rented space under annual renewable lease agreement from WEBEL, in SDF building, fully furnished with air conditioning.

Capitalization Overview

Fully funded by director's loan. The current debt to the two directors is approximately INR 36 Lakhs. Directors agreeable to write-off debt (negotiable)

The company has 3 directors.

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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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