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IT Consultancy Business Investment Opportunity in Shimla, India

100% FDI, 100% EOU, woman MSME startup with approved STPI projects from state/central governments.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 2.2 million
Run Rate Sales USD 2.2 million
EBITDA Margin 35 %
Industries IT Consultancy + 1 more
Locations  Shimla
Local Time 10:31 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 1.1 million for 15.0% stake (Native Currency: INR 90,000,000)
Reason: Investments are used to setup multiple business units across the globe as I already have IT solution... View More
Includes physical assets worth USD 3.6 million
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Business Overview

- MSME approved by the government of India, a proprietorship owned by a woman, and falls under 'Women Entrepreneurship in India'.

- Registered as 100% EOU (export-oriented units) under STPI.

- Only company which has an STP Unit in the entire state to export/import IT-related products and software legally through a single window in Himachal Pradesh.

- Permit for 100% FDI (foreign direct investments) through 'Automatic approved Route' of RBI through single window 'softex'

- Present projects in hand-

1. Agristack project to digitize/integrate land records of the entire state and creating a farmer database and mobile portal of Himachal Pradesh on an app, Map, Chatsapp platform (solution model owned by the company) using GIS and AI. Project costing: INR 108 crore and duration of 3 years.

2. Legal agreements for mass voter communications for a political party of two southern states of India to target the upcoming assembly elections in 2023 using a company-provided WhatsApp omnichannel solution - A project costing INR 70 crore.

3. Phygital marketing of a Gold Retail Gaint of West Bengal to market their products on an innovative chats app platform - Project costing INR 4 crore.

4. System integrator for study, design, development, implementation maintenance, and operation of the application, web portal, and mobile application for the excise and tax department, Himachal Pradesh - a project costing - INR 12 crore.

Present clients serving.

1. Revenue department of Himachal Pradesh.

2. Agricultural department of Himachal Pradesh.

3. Department of IT - Himachal Pradesh.

4. State electronics department - Himachal Pradesh.

5. Excise and tax department - Himachal Pradesh.

6. Gold and diamonds gaint - Kolkata, West Bengal.

7. Political candidates of a South political party.

- We charge our client a fee for consultation and have a revenue-based service model.

Products & Services Overview

List of specialized business products built using AI and ML models.

1. Whatsapp end-to-end omnichannel built on App, Map, and Chatsapp (web and mobile Platforms) for mass user communications (one-to-one, one-to-many, many-to-one). Can be used by as many existing private and government bodies for mass communications.

2. Company-owned - Dynamic QR codes technology for client-authorized and authentic functionalities on a trackable activity console for privacy and identification solutions.

3. Company designed business GIS (geographic information system) solutions for major businesses and government bodies for simplified logistics and quick decision-making.

Assets Overview

Physical assets include 6 acres of residential land in Telangana bought by the profits through the business models of the company.

8 acres of agricultural land in Telangana bought by the profits through the business models of the company.

Intangible assets include digital assets and NFTS including legal domain names (around 2,000 on various famous TLDS and GTLDS) worth approx US $10 million.

STP registration certificate with 100% EOU (export-oriented units) with a permit of 100% FDI-only company in Himachal Pradesh.

The company designed and owned Phygital/QR codes, AI, and ML business models.

IT and tech integration projects worth around INR 250 crore from the state government for the next 4 years.

Benefits of being an STP registered unit.

Approvals are given under a single window clearance system.

An STP unit may be set up anywhere in India.

Jurisdictional STPI authorities can clear projects costing less than Rs. 100 million with Indian investment.

100% foreign equity is permitted.

All the imports of hardware & software in the STP units are completely duty-free, import of second-hand capital goods is also permitted.

Re-export of capital goods is also permitted.

Simplified minimum export performance norms i. e. , "Positive Net Foreign Exchange Earnings".

Use of computer systems for commercial training purposes is permissible subject to the condition that no computer terminals are installed outside the STP premises.

Sales in the domestic tariff area (DTA) are permissible.

The capital goods purchased from the DTA are entitled to a refund of GST.

Capital invested by foreign entrepreneurs, know-how fees, royalties, dividends, etc. , can be freely repatriated after payment of Income taxes due on them if any.

The items like computers and computers peripherals can be donated to recognized non-commercial educational institutions, registered charitable hospitals, public libraries, publicly funded research and development establishments, organizations of Govt. of India, or the government of a state or union territory without payment of any duties after two years of their import.

100 percent depreciation on computers and computer peripherals over a period of five years.

Facilities Overview

We have our registered office in Boileauganj, Shimla, Himachal Pradesh. We have been given a shared office shape with an area of 2,200 sq ft by the government.

The major team is recruited on a project/contract basis and all are entitled to WFH.

Capitalization Overview

The business is woman founded and funded by owners' capital. The company has one owner with a 100% stake in the company. The business does not have any outstanding liabilities and has a clean CIBIL.

Have 4 approved digital integration projects through state and central government worth close to INR 250 crore for the duration of the next 4 years.

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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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