IT Consultancy Company for Sale in Chennai, India

Multi-award winning IBM Platinum partner specializing in data management/AI/ERP with 120-150 customers and 4-5 IPs.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 2.4 million
EBITDA Margin 10 - 20 %
Industries IT Consultancy + 1 more
Locations  Chennai + 1 more
Local Time 2:11 AM Chennai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.7 million (Native Currency: INR 200,000,000)
Reason: We are a very niche player in the data management, data governance, and analytics space with a huge ... View More
Includes physical assets worth USD 16 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Our business is registered in India, Singapore and in the UK. The Indian entity is up for sale.

- We have recently obtained a class A sponsorship license in the UK that allows us to bring candidates from outside the UK to work in the UK. This allows for massive margin increase in the future, specially considering the Brexit scenario.

- We have over 120-150 customers in the consultation and software implementation vertical of the business out of which 70-100 customers are recurring. We have entered into AMCs with many clients.

- We specialize in big data, master data management, data warehousing, data governance, BI and AI using IBM, Microsoft and AWS technology stack.

- Our clients are in the banking, financial services, insurance, healthcare, pharmaceuticals, retail, media, manufacturing and government sector.

- We have built our own intellectual properties in the form of a solution. This solution contains multiple frameworks for different verticals like banks, insurance, media, and pharma to name a few. The solution can be deployed on-site or on cloud hence allowing us to provide a SAAS based model to potential clients across the world.

- We have developed 4-5 intellectual properties till date.

- We have a business partner relationship with IBM, Microsoft, and AWS.

- Additionally, we are the only company in India to have delivered a single view of citizen solution to 3 Indian state governments. There is a possibility to repeat this solution in other Indian states with huge revenue generating potential.

- We also have a 24/7 delivery center in Chennai that is responsible to provide offshore support to our US/Europe/overseas clients.

- We have won multiple awards for our sales contribution to IBM software and services. We are an IBM certified platinum partner.

- A portion of our marketing budget is sponsored by IBM and to that extent we are involved in digital marketing, webinars and Industry based events marketing to promote the business.

Products & Services Overview

- We have 3 practices - (1) data management, analytics and AI, (2) ERP and (3) consumer mobility.

- We provide ERP services on Microsoft AX, NAV and Zoho platforms.

- As a part of the consumer mobility practice, we have built some consumer facing mobile apps. Some are available in the App store and the Google Play store while some are yet to be marketed.

- With IBM, Microsoft and AWS, we are involved in IT consulting services, license reselling/renewal, and implementation of solutions.

Assets Overview

Our assets include software licenses, laptops, office furniture and fittings.

Facilities Overview
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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