IT Services Business Investment Opportunity in Pondicherry, India

- IT services company that primarily provides software testing services. In addition to this, we also provide software development and related support services.

- Company was established 12 years ago and used to generate a yearly revenue of INR 25 lakh. However, our business was impacted last year due to COVID-19 and did not generate any revenue. We are yet to recover from the pandemic.

- Prior to COVID-19, we used to serve 10 clients every year and they were from UK, Belgium and France.

- Our business used to generate 70% revenue from software testing and remaining 30% from software development & related support services.

- We still have all our staff with us who work on small projects but revenue from those projects are negligible. We currently manage office expenses and staff salary through our own funds.

- In order to recover back to normal condition, we are seeking funds for marketing activities.

Software testing, software development, web & mobile app development, IT consultancy, Azure services, cloud computing, SQL, hosting, virtual assistance, AWS services, technical resource, open source development, training.

40 computers, 2 printers, 1 projector, 1 car, tables, chairs, invertor, UPS, whiteboard, fire extinguisher, first aid kit.

- 1,400 sq. ft. of office with workstations for 40 staff. Facility has a pantry, reception, MD room and restrooms for men & women.

- It is a company owned premises but it is not included in stake sale i. e. investor will not receive ownership in the property.