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Enterprise Software Company Seeking Loan in Jaipur, India

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

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 630 thousand
EBITDA Margin 5 %
Industries Enterprise Software
Locations  Jaipur
Local Time 5:00 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 240 thousand for 18.0% annual interest, 3 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 12 thousand
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

Currently working from a rented space.

Capitalization Overview
Not Disclosed
Recent Activity
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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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