FinTech Business Seeking Loan in Bangalore, India
Business having developed a taxation software used by over 1,500 users.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 20 - 30 thousand |
| Run Rate Sales | USD 35 thousand |
| EBITDA Margin | 40 % |
| Industries | FinTech |
| Locations | Bengaluru |
| Local Time | 3:31 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
29 thousand
for
12.0%
annual interest,
2
years
(Native Currency: INR 2,500,000)
Reason: To setup new offices and to take on more clients.
Collateral Available: USD 0
Includes physical assets worth
USD
5.3 thousand
Interested to connect with advisors
Documents
GST Certificate
(76.5 KB)
Business Overview
- Business having developed a taxation software, based in Bangalore.
- The software is used by tax professionals and companies. It helps tax professionals to keep track of their clients financial records and the software directly computes tax amounts based on the information provided.
- We charge a one time fee to a new client and an annual maintenance charge.
- Have over 1,500 users of this software, out of which 350 are regular users.
- We are looking to set up 5 new offices in Bangalore.
- Physical assets include office setup. Office space is not owned by the business.
- The software is used by tax professionals and companies. It helps tax professionals to keep track of their clients financial records and the software directly computes tax amounts based on the information provided.
- We charge a one time fee to a new client and an annual maintenance charge.
- Have over 1,500 users of this software, out of which 350 are regular users.
- We are looking to set up 5 new offices in Bangalore.
- Physical assets include office setup. Office space is not owned by the business.
Products & Services Overview
Taxation software to help tax professionals keep track of their clients financial records and the software directly computes tax amounts.
Facilities Overview
Have 2 offices in Bangalore. Both are approximately 450 Sq. Ft. and are rented. We are looking to set up office in 5 more locations in Bangalore.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCEO, Dallas, Financial Consultant connected with the Business
-
Earlier than 15 daysManagement, Financial Services, Mumbai, Corporate Investor / Buyer connected with the Business
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