Enterprise Software Company Investment Opportunity in Bangalore, India
|Employees||5 - 10|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 740 thousand|
|Run Rate Sales||USD 600 thousand|
|EBITDA Margin||10 - 20 %|
|Local Time||8:47 PM India|
|Listed By||Business Owner / Director|
- 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.
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.
Servers, office equipment, equipment for lease, stock-in-trade.
Work out of a rented office that spans 2,500 sq. ft.
1 week, 4 days agoDirector, Education, Bangalore, Individual Investor / Buyer connected with this business
2 weeks, 1 day agoVP - Engineering, Energy, Bangalore, Individual Investor / Buyer accepted business proposal