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Enterprise Software Startup Investment Opportunity in Chennai, India

IT firm building cross-industry SaaS solutions with Zoho-level capabilities, seeks investment for development and marketing.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 120 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 10 %
Industries Enterprise Software + 1 more
Locations  Chennai
Local Time 7:39 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 350 thousand for 50.0% stake (Native Currency: INR 30,000,000)
Reason: Seeking investment to complete SaaS product development, with equity offered in the entire business.... View More
Includes physical assets worth USD 2.34 thousand
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Business Overview
- IT solutions provider specialized in providing innovative, reliable, and efficient IT services to businesses, emphasizing quality and integrity in our service delivery.
- We currently offer IT software development services, catering to diverse business needs with precision and expertise.
- Our future business strategy involves developing and marketing our proprietary SaaS product, projected to contribute significantly to our revenue streams.
- Presently, our primary client is a renowned Indian tech company, which underscores our capability to handle project-based IT solutions.
- While our current revenue is project-based, we are transitioning to a subscription-based model for the SaaS product, offering flexible quarterly, half-yearly, and yearly plans to ensure steady cash flow.
- We are developing a software web app designed to compete with platforms like Zoho, offering management engine solutions and remote desktop services to enhance business operational efficiency.
- Our forthcoming SaaS solutions are designed to serve multiple industries, including healthcare and technology, broadening our market reach.
- For our SaaS product, we are planning to employ effective marketing strategies, including digital marketing and partnerships with channel partners, to reach a broad audience.
- Capable of catering to various industries such as healthcare, technology, and fintech, demonstrating a versatile approach to client solutions.
- Officially registered with the Ministry of Corporate Affairs (MCA), affirming its compliance and legitimacy.
Products & Services Overview
The business provides custom IT software development services such as web and mobile app development to corporate clients.
Currently serving a prominent Indian tech company, while also building a proprietary SaaS web application aimed at improving operational efficiency through management engine solutions and remote desktop services.
The SaaS product, positioned to compete with platforms like Zoho, will offer flexible subscription models. Designed for industries such as healthcare, fintech and technology. Future users include enterprises and SMBs looking for integrated, reliable, and user-friendly IT solutions to optimize workflows and boost productivity.
Assets Overview
Physical assets include office computers, laptops and servers.
Facilities Overview
The business operates from a coworking space in Guindy, Chennai, with a monthly rent of INR 60,000.
Capitalization Overview
Invested around INR 23 lakhs of own funds.
There are 2 directors in 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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