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FinTech Company Investment Opportunity in Pune, India

Pune based business that provides a tax filing software and service with 10,000 clients.

Established 1-5 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 70 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 30 - 40 %
Industries FinTech
Locations  Pune
Local Time 9:24 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 600 thousand for 10.0% stake (Native Currency: INR 50,000,000)
Reason: To onboard more individual and corporate clients.
Includes physical assets worth USD 50 thousand
Interested to connect with advisors
Documents
Business Overview

- Our business has developed a taxation filing software.

- The software can be used by individual clients (B2C) as well as by corporations (B2B).

- Have 10,000 clients currently using this software and have partnered with 50 corporates.

- Our revenue model is based on a chargeable-per-filing system. Every time a user files their tax using our software, the system charges the user based on the complexity of the tax filing.

- The minimum charge per user is Rs. 100 per filing.

- Have a target to reach 1 lakh customers for the upcoming year and we are expanding our business development team in major cities of India.

- Aim to onboard 200 brands in the coming few years as well.

- Owner is a Chartered Accountant with strong experience in this industry.

Products & Services Overview

Income tax- artificial intelligence platform, proof of investment application, TDS return, Form 16 generator, tax assisted filing service, TDS return services, GST return services. ROC services.

Assets Overview

Laptops, desktops, air conditioners, workstation and chairs, firewall, server and switches, other furniture.

Facilities Overview

Have a rented 3,500 Sq. Ft. office in Pune.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Chief Consultant, Millers Creek, Financial Consultant connected with the Business
  • Earlier than 15 days
    CEO, Dallas, Financial Consultant connected with 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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