Enterprise Software Company Seeking Loan in Mysore, India
Rapidly-growing process automation company that can give up to 40% ROI seeks debt financing.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 21 thousand |
| Run Rate Sales | USD 227 thousand |
| EBITDA Margin | 40 % |
| Industries | Enterprise Software |
| Locations | Mysore |
| Local Time | 5:17 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
26.3 thousand
for
40.0%
annual interest,
3
years
(Native Currency: INR 2,500,000)
Reason: For expansion and scaling the business.
We will return the investment to a 4% monthly interest to t...
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Collateral Available: USD 0
Includes physical assets worth
USD
15.8 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
The 27 enterprise clients working with us include Shoppers Stop, Indian Terrain, Celio, boAt, Eastman Exports, Celebrity Fashion Group, Radiant Finserv, and Mintify.
The company grew 8x Y-o-Y on the back and improved sales and marketing through online channels like LinkedIn.
The company has a SaaS model where each client pays an annual license fee of INR 9 lakh that needs to be renewed annually.
The product has been in the market for the 3 years and has been tried and tested. Promoters come with experience of more than 15 years in the IT industry.
The company grew 8x Y-o-Y on the back and improved sales and marketing through online channels like LinkedIn.
The company has a SaaS model where each client pays an annual license fee of INR 9 lakh that needs to be renewed annually.
The product has been in the market for the 3 years and has been tried and tested. Promoters come with experience of more than 15 years in the IT industry.
Products & Services Overview
We license automation tools to enterprise clients who use them for back-end process automation. This can range from automation of KYC, document scanning, to various applications in the accounts departments for accounts payables and concilliations. We essentially provide an RPA (Robotic Process Automation) product.We have 3 AI products and they are deployed together.
Assets Overview
Tangible assets include some laptops and mobiles.Intangible assets include the 3 AI products that were developed in-house.
Facilities Overview
While most of our team works remotely, we sometimes have meetings at a promoter-owned office in Richards Park, Bangalore. However, our company's registered address is in Mysore.
Capitalization Overview
Angel Investors. We do not have any liabilities at this stage and are now planning to raise funds through debt financing.Co-founders own 70% and the remaining 30% is owned by angel investors.
Recent Activity
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Earlier than 15 daysSenior Director, IT Services, Bengaluru, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Alloys Trading, Mandya, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
Tags:
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·ERP Company Seeking Loan in Mysore, India
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·ERP Company Seeking Loan
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