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Enterprise Software Company Investment Opportunity in Mangalore, India

Company providing financial solutions & GPS tracking solutions seeks investment.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 29.5 thousand
Run Rate Sales USD 42 thousand
EBITDA Margin 40 %
Industries Enterprise Software
Locations  Mangalore
Local Time 10:41 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 59 thousand for 30.0% stake (Native Currency: INR 5,000,000)
Reason: Need funds for setting up of new office in Bangalore and for marketing.
Includes physical assets worth USD 4.1 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview
- The banking financial solution is used by chit funds and cooperative societies. Currently catering to 7-8 clients from the banking sector.
- We also have a GPS tracking solution that is still under development which can be used for staff control and staff tracking.
- We provide an overview of the key features and functionalities of your software before installing the software.
- Generate revenue by charging yearly licensing fees of INR 1,800- 2,500 and implementation charges are free initially.
- We are in talks with Google and Nextgen for server collaboration.
- We have 10 employees (9 developed + 1 marketer).
Products & Services Overview
We have -
1. Banking financial solution.
2. E-commerce Solutions.
3. Personal/employee tracking system (iOS & Android).
Assets Overview
Tangible - 6 desktops, 5 laptops, 1 server, 1 printer, and 2 phones.
Intangible - Software patent for GPS application and tracking solutions.
Facilities Overview
The office is located in the south of the city in a co-working space. We pay a monthly rent of INR 30,000.
Capitalization Overview
- Self-funded and bootstrapped, funding so far with self-managed funding plan and routes.
- Company has 2 directors with 70% and 30% shareholding.
- Business has no loans.
Recent Activity
  • Earlier than 15 days
    Founder CEO, Dubai, Financial Consultant connected with the Business
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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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