Enterprise Software Company Seeking Loan in Andhra Pradesh, India
|Employees||10 - 50|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 140 thousand|
|Run Rate Sales||USD 80 thousand|
|EBITDA Margin||35 %|
|Local Time||8:25 AM Asia / Kolkata|
|Listed By||Business Owner / Director|
- Offer ERP solutions, aids in the development of applications and offers consultation to businesses. More than 90% of the business' revenue comes from providing ERP solutions, specifically, to the education sector.
- We have currently tied up with over 300 - 400 schools and colleges in 6 states across south India. Some institutions that we have tied up with include Achariya College of Engineering Technology in Pondicherry, Tapasya Education Institutions, Ramadevi Public School in Hyderabad and many more.
- The business enters into long term agreements with their clients and their clients provide recurring yearly payments.
- We have served over 1,000+ educational institutions till date.
- Our ERP solutions are priced on the basis of the number of users and modules. On average, the prices range from INR 150 to INR 250 per student.
- The value of the physical assets involved in the transaction includes the owned premises, internal furnishings, computer systems, servers.
- Promoter is willing to offer his personal property as a collateral for the loan. The value of this property is around INR 70,00,000.
- Business has an outstanding debt of INR 30,00,000 to INR 40,00,000 with an interest rate of 14% to 15%. The new loan won't be used as a top up.
Have developed a management system targeting institutions of learning:
1) Online classes.
2) Video classes.
3) Online exam.
4) Financial management.
5) Transport management.
- Acts as a consultant.
- Aids in the development of applications for their clients.
Business owns the premises with a built up area of 7,000 square feet. 1,400 square feet out of the 7,000 square feet is occupied by the business while the remaining area is occupied by a separate legal entity under the same promoter.
Earlier than 15 daysPartner, Business Advisory, Mumbai, Individual Investor / Buyer connected with this business
Earlier than 15 daysVice President, Secunderabad, Financial Consultant connected with this business
Earlier than 15 daysCloud Data Engineer, Entertainment, Guntur, Individual Investor / Buyer connected with this business