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IT Consultancy Company Investment Opportunity in Panchkula, India

IT consulting company seeking parties for the off-shore delivery center.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 346 thousand
EBITDA Margin 15 %
Industries IT Consultancy
Locations  Panchkula
Local Time 5:34 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 150 thousand for 50.0% stake (Native Currency: INR 13,000,000)
Reason: - Investment is required to grow the existing business and set up sales. - Global sales to be done ... View More
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Business Overview
As aggregators, our focus is on serving the needs of various industries. On the demand side, we cater to clients in the IT, manufacturing, retail, and services sectors who require skilled IT personnel. Our aim is to connect these businesses with the right manpower resources. On the supply side, we specifically target small and mid-sized IT companies that are facing challenges with an idle workforce or "bench. " By bridging the gap between these companies and the demand from other industries, we facilitate efficient utilization of IT talent and provide valuable opportunities for growth and collaboration.
In the C2C IT staffing landscape, we operate by connecting with clients who provide us with their requirements on one side, and with software companies that have a pool of available resources on the other side. Our role is to carefully select candidates who possess the necessary skills or possess rare and valuable skills, ensuring they are readily available at an appropriate cost. This process enables us to deliver added value to our clients.
Our revenue is generated through the margin between the bill rate and the pay rate. Once a candidate is successfully placed, we invoice our clients on a monthly basis, while our suppliers invoice us. This payment arrangement continues on a monthly basis as long as the candidate remains engaged in the placement.
We have attained a growth of 825% since the start of this year.
Products & Services Overview
We are IT Staffing Aggregators and utilize technology platforms to facilitate business operations. We use AI-based VMS and ATS to manage our business.
We provide a comprehensive IT staffing solution that combines advanced technology with a robust industry network. Our focus is on understanding client needs and delivering tailored staffing solutions. Our interventions from the supply side include sharing trustworthy client requirements at reasonable rates, expediting payments to ensure timely candidate compensation, and using a Vendor Management System (VMS) for efficient job posting and candidate vetting. From the demand side, we offer vetted profiles, coordinate interviews, handle onboarding formalities, and resolve any post-onboarding issues. Our dedicated account managers manage clients and vendors, handle job postings, resolve gaps in job descriptions, vetting profiles, coordinate interviews, negotiate pricing, and manage post-onboarding activities. With our comprehensive approach, we bridge the talent gap and empower businesses to thrive in the digital era.
Assets Overview
The tangible assets are laptops. Intangible assets are the clients and the network.
Facilities Overview
Currently, all employees are working from home.
Capitalization Overview
There are three directors in the company. However, the stakeholders are only two. I have 75% stake and my wife has a 25% stake.
The third director has invested INR 10 lakhs in the company, he needs to be paid off.
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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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