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FinTech Business for Sale in Maharashtra, India

Reputed fintech company (SaaS) providing Indian Stock Exchange's real time data to thousands of users.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 660 thousand
Run Rate Sales USD 800 thousand
EBITDA Margin 35 %
Industries FinTech
Locations  Maharashtra
Local Time 1:05 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 3.7 million (Native Currency: INR 300,000,000)
Reason: Founders are part of multiple businesses and are unable to focus on this business completely due to ... View More
Includes physical assets worth USD 30 thousand
Interested to connect with advisors
Documents
Business Overview

- Over a decade-old fintech company specialized in offering real-time data of Indian stock exchanges (stocks, indices, futures, options, currency, ETFs, commodities) to their users. Users view & analyse this data in various analytical / charting platforms which helps them to make appropriate trading decisions.

- Works on SaaS model (subscription based recurring revenue) with monthly, quarterly, half yearly and yearly plans.

Customer Overview:

- Company has thousands of paid users.

- Company enjoys considerable goodwill & enviable reputation in their field with a customer base across a large spectrum.

- Majority of the customer base includes active traders (day traders)

- Customer base includes fund houses, stock brokers, SEBI registered investment advisors, prop desks traders, HNI & retail traders, algo traders & more.

Last but not least:

- Company has 2 partners with equal shares.

- Its a completely bootstrapped company with a healthy pipeline for good growth.

- For successive years, the company is in profit.

- Company does not have any liabilities or loans.

- Company does not have any immovable assets.

- Hand holding commitment from existing management to ensure a smooth transition of the business.

Products & Services Overview

- Diversified product portfolio supporting desktop, server, mobile & web.

- Already integrated with most international analysis / charting platforms.

- Complete in-house development. The entire source code is available.

- Uses proprietary database for stock quotes. Negligible recurring licensing costs.

- Complete eco-system is built on the latest development stack.

- Infrastructure utilizes dedicated as well as cloud setup from top-of-the-line vendors.

- Proven systems with sufficient redundancy with scope for scaling up.

- High availability setup with no single point of failure.

Assets Overview

Physical assets include computers, laptops, network firewalls, NAS, and switches.

Intangible assets include software, website, technology with source code, strong goodwill, a huge client base & Licenses from Indian Stock Exchanges (NSE, NFO, CDS, MCX).

We have spent 25,000+ man hours in the development and perfection of our entire ticker plant ecosystem.

Facilities Overview

Operate from a single rented office of approx. 2,000 sq. ft. area with all modern amenities and workspace suitable for working of 30 people. Rent is INR 68,000/- per month and INR 3,00,000/- is given as a refundable security deposit.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Associate Broker, Florida City, Business Broker connected with the Business
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This transaction has concluded. View similar business opportunities on SMERGERS
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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