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IT Services Business Seeking Loan in Nellore, India

Newly startup incubator business building a portfolio for banking domain applications seeks funds for marketing.
This transaction has concluded.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries IT Services
Locations  Nellore
Local Time 7:50 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 1.2 thousand for 12.0% annual interest, 1 year (Native Currency: INR 100,000)
Reason: Need funds for marketing.
Collateral Available: USD 0
Includes physical assets worth USD 2.4 thousand
Documents
Business Overview

- We are a startup incubator business that mentors college graduates.

- We train and mentor college graduates on real-world applications of web technology and programming languages in the banking domain.

- Our goal is to build a portfolio of projects through which we can start providing consulting and development solutions to banks and other business clients.

- Have trained 4 graduates this year and our target is to complete training for 20 graduates.

- We are currently in the pre-revenue phase and are in the process of building our portfolio and applications.

- Also have plans for an HTD model (Hire, Train, and Deploy) in the future.

- Have ISO 9001:2015 certification by otabu.

- Promoter has over 13 years of experience as a software architect and consultant in the banking domain.

Products & Services Overview

Startup Incubator for developing applications used in the banking industry.

Assets Overview

3 Laptops, 1 PC, and a printer.

Facilities Overview

Working from the residence at the moment.

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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