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IT Consultancy Company Investment Opportunity in Mumbai, India

Specialist consultancy in Data Management, Cloud, Analytics, AI with 150 customers, growing at 30% YOY.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 3.6 million
Run Rate Sales USD 3.6 million
EBITDA Margin 15 %
Industries IT Consultancy + 1 more
Locations  Mumbai
Local Time 10:55 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.8 million for 51.0% stake (Native Currency: INR 150,000,000)
Reason: Expand business into other geographies.
Includes physical assets worth USD 14 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Our business is registered in India, Singapore and in the UK.

- 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 lakes, data governance, BI and AI using IBM, Azure and AWS technology stack.

- We have deep skills in data engineering building data pipelines, data lakes on modern data stack including Azure data platform.

- 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, Redhat, 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.

- Strong order book for FY24 and target to hit INR 100 crore within the next few years.

Products & Services Overview

- We have 3 practices - (1) Data Management, Analytics and AI, (2) ERP and (3) Consumer mobility.

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

- We provide ERP services on Microsoft Dynamics 365 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.

Assets Overview

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

Facilities Overview

Rented offices with an area of 2,500-3,000 square feet at prime locations in Mumbai and Chennai.

Capitalization Overview

We have 4 shareholders between India and Singapore. We are bootstrapped without any external funding. We have a small Overdraft of USD 200K.

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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