Enterprise Software Startup Seeking Loan in Jaipur, India

Jaipur based business which enables businesses to manage IT infra at a reduced cost.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 760 thousand
EBITDA Margin
5 %
Industries
Locations
Local Time
3:34 AM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 300 thousand for 18.0% annual interest, 3.0 years (Native Currency: INR 20,000,000)
Reason: - Working capital. - We have orders in hand from banks, our product directly meets the need of RBI ... View More
Collateral Available: USD 0
Includes physical assets worth USD 14 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Investor Pitch
COI
Business Overview

- Our product is a unique solution to reduce IT operation cost of Enterprises.

- We are a govt registered startup company.

- Mainly focusing on banks as our clients. We have sold our products to 2 banks as of now and in talks with 16 more banks which are about to close the deal.

- Twice awarded as Best 300 Startups in India by IIM Kolkatta and Dept. of Industries.

- Promoters are veterans in IT with over 23 yrs of experience in system design and delivery.

- Designed, developed and delivered substation automation System at MES Akhnoor (Defence establishment Union of India).

Products & Services Overview

Enterprise Software Products.

1. IT Asset Management System (Ready being deployed in banks).

2. Utility Asset Management System.

Facilities Overview
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more