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IT Consultancy Company for Sale in Mumbai, India

For Sale: Mumbai-based IT consultancy with 7+ years experience, diverse industry focus, multiple revenue models.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 277 thousand
EBITDA Margin 10 %
Industries IT Consultancy + 1 more
Locations  Mumbai
Local Time 3:04 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 404 thousand (Native Currency: INR 35,000,000)
Reason: We want to sell our service-based segment and would like to retain the product segment. We would li... View More
Includes physical assets worth USD 58 thousand
Interested to connect with advisors
Documents
Business Overview
We specialize in delivering tailored software solutions to meet the unique needs of various industries. We are a design-first and development-heavy solution provider and work in the following industries:
1. Healthcare: custom healthcare software.
2. Fintech: Fintech app development services.
3. Social media & networking: custom social media & networking app development services.
4. Health & fitness: health and fitness app development services.
5. Media & entertainment: high-performance media & entertainment software.
6. E-commerce: e-commerce web app development services.
7. Real estate: real estate software development services.
* Number of clients: 10+.
* Revenue model:
- Fixed.
- Hourly Basis.
- Time and Material.
- Monthly Retainers.
* Promoter experience: 20 years of experience and has received 2 awards for a website developed by him.
* The promoter and the chief design officers were the key members of Pepperfry's product development team.
* Company is registered in the MCA with GST certification.
Products & Services Overview
The business's top-selling services:
1. Development services:
- Mobile app development.
- Front-end engineering.
- Custom software development.
- AR/VR development.
- AI & ML.
2. Design services:
- UX design.
- CX design.
- Remote UX team.
- UX workshops.
3. Testing:
- Testing & QA service.
4. Data science & analytics:
- Business intelligence.
5. Cloud services.
Assets Overview
We have laptops, licenses, and servers as our tangible assets.
Facilities Overview
We operated from a 3300 sqft office until recently this year, now we are working on a hybrid model in a co-working space in Mumbai.
Capitalization Overview
The business is being funded by the promoter and an unsecured NBFC loan of INR 1.5 crore.
2 shareholders with 90% / 10% stakes.
Recent Activity
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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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