Enterprise Software Company Investment Opportunity in Bangalore, India

Company that designs and builds data storage, protection and disposal solutions seeks funds for expansion & development.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 740 thousand
Run Rate Sales USD 600 thousand
EBITDA Margin 10 - 20 %
Industries Enterprise Software
Locations  Bangalore
Local Time 8:47 PM India
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 340 thousand for 30.0% stake (Native Currency: INR 25,000,000)
Reason: Require funds to expand engineering & support team for next phase of product development. Also requi... View More
Includes physical assets worth USD 14 thousand
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Business Overview

- We are one of the few Indian companies that designs and builds data storage solutions in India.

- 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.

Products & Services Overview

We have designed and developed our own platform for data storage, backup and replication as a fully integrated appliance or as software defined storage. Also resale third party products and services for secure end of life data elimination and disposal.

Assets Overview

Servers, office equipment, equipment for lease, stock-in-trade.

Facilities Overview

Work out of a rented office that spans 2,500 sq. ft.

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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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