Enterprise Software Company Investment Opportunity in Bangalore, India
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | INR 5.4 crore |
Run Rate Sales | INR 4.2 crore |
EBITDA Margin | 10 - 20 % |
Industries | Enterprise Software |
Locations | Bangalore |
Local Time | 7:29 AM 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.
-
Earlier than 15 daysOwner, Food Products, Erode, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysProject Head, Infrastructure, Delhi, Corporate Investor / Buyer connected with the Business