Enterprise Software Company Investment Opportunity in Bengaluru, India
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 610 thousand |
| Run Rate Sales | USD 470 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Enterprise Software |
| Locations | Bengaluru |
| Local Time | 11:40 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
- India is a large market for data storage that is serviced mainly by imports. We focus on a 'Build-for-India' strategy to cater to the local market.
- Company has been completely bootstrapped using a legacy revenue stream from trading a third party product and system integration of it.
- Our legacy business was carried over to this company and it involved resale of a data elimination and disposal product.
- Have over 50-60 customers for this product that we serve pan India.
- We have now built our own basic data storage platform initial customer validation of private sector and government.
- For this product we have 15-20 customers and are mainly focused on South India, particularly Bangalore.
- Our revenue typically involves a purchase by the client for on-premise installation followed by ongoing service and maintenance fees.
- Promoter has more than 20 years of experience in the data solutions industry.
- Decline in revenue has been due to the lockdown of business but the recovery phase has already started.
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Earlier than 15 daysOwner, Food Products, Erode, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysProject Head, Infrastructure, Delhi, Corporate Investor / Buyer connected with the Business