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IT Consultancy Company Investment Opportunity in Pondicherry, India

Seek funds to expand its international business as well as create financial muscle to execute System integration and Turn key solution pan India in the area of Digitization, eGovernance, CMS, RFID and Mobility.
This transaction has concluded.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 120 thousand
Run Rate Sales USD 700 thousand
EBITDA Margin 15 %
Industries IT Consultancy
Locations Asia + 1 more
Local Time 7:47 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.8 million for 10.0% stake (Native Currency: INR 150,000,000)
Reason: Expand international arm of business on the IT / ITeS sector as well as for creating financial muscl... View More
Interested to connect with advisors
Business Overview

Successfully executed 24 projects until this date. About to start executing three big projects that are of size INR 200 million ( USD 3.5 million ) in total. In addition, we are in the final round of negotiation with few more customers. We have 30+employees inclusive of permanent and temporary staffs. The number of temporary staffs varies from time to time and we had a team of 150 temporary staff members at peak load. The sample of projects executed by us are given below.

Data Entry:

We are one of the leading agencies from Tamil Nadu offers a variety of data capture, data processing, and data extraction services utilizing state‐of‐the‐art technology to automate the process. This ensures all time completion of the assignments within time at the same ensures high quality output. Our services allow customers to gain a competitive advantage in their respective industries.

• Single Entry & Data Processing.

Sources such as: Surveys, Questionnaires & Forms.

• Digital Laser Printing.

Portfolio: Projects executed by us.

Data Digitization:

Library:

• Library Digitization project - Supply of RFID enabled Library Management and complete RFID tagging of books for Tamilnadu Agricultural University, Coimbatore.

Number of Successful Digitization Entries: 28,12,210.

Number of Successful RFID tagging: 28,12,210.

• Digitization of Library archives for Tamilnadu Agricultural University, Coimbatore, April 2008. Number of Successful Digitization pages: 65000.

• Roll out of TNAU Library archival System – Installation of Library archival digitization software with search engine to TNAU, Coimbatore – April 2008.

Public:

• Scanning Signatures of staff of BSNL, Palakkad - This involves scanning staff signatures for Creating database file with Employee number, Employee Name with respective signatures to submit digital data in CD format.

• Digitization of National Population Registrar through professional service for Pondicherry, Nagapattinam, and Trichy data centres. This involves 450 member team. Number of Successful Digitization pages: 30000000.

• Established online date entry services- for Tamilnadu Public Service Commission facilitation counters at Nagapattinam, Tiruvarur, Tanjavur, Cuddalore, managing 200 Manpower with 200 Desktops, Printers and Scanners.

Banking Segment:

• Pilot implementation of Digitization at A. O – The Lakshmi Vilas Bank Limited – Scanning of 16000 pages of bank documents. Number of Successful scanned documents: 16000 No’ s.

• Digitization of all board meetings – The Lakshmi Vilas Bank Limited. Number of Successful scanned documents. Accounts departments – 200000 pages, Human resources - 280000 pages.

Hospital Segment:

• Digitization of case sheets. This consists of scanning and editing of scanned images. Number of Successful digitization pages: 50000.

• Computerization of Clinical Data – Dr. Singh’s Consulting Chamber - Pondicherry. Number of Successful Digitization pages: 49890.

Field Survey and Data collection.

• National population register bio-metric field data collection of Puducherry, Cuddalore, Pudukottai, Trichy and Karaikal districts. Number of Successful bio-metric records collected: 300000.

• Distributing of Tamilnadu Chief Minister comprehensive health insurance smart cards for Nagapatinam District. Number of Successful smart-cards distributed: 200000.

• Collecting Socio Economic and Caste information of Dindigul District. Managing 800 Employees with palmtop, with 24 Charge centers. Number of Successful field entries completed: 2400000.

Logistics:

• AMWAY-Warehouse management, Southern region – Bangalore, Staten –Tamil Nadu.

Monitoring shipment of carton boxes to all destinations of Tamil Nadu. Approximately 20000 cartons are transported every day from their warehouses at Salem / Chennai. Responsibility includes 1. Intending, 2. Stock Management 3. Distribution and 4 PO raising.

Products & Services Overview

Digitization that involves data entry, scanning, data capture services, Content Management solutions, eGovernance, RFID based data management services, Custom software development services, Quality testing services, Mobility and System integration Services.

Facilities Overview

Office details below:

Pondicherry - 1,000 Sq Feet. Rent - Rs. 14,000 / month. Advance - Rs. 75,000.

Soon to Open its corporate office at Chennai, Tamil Nadu, India.

Capitalization Overview
Not Disclosed
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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