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IT Services Company for Sale in Bangalore, India

Bangalore based fast growing IT service company for sale.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 90 thousand
Run Rate Sales USD 180 thousand
EBITDA Margin 20 - 30 %
Industries IT Services + 1 more
Locations  Bangalore
Local Time 5:51 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 240 thousand (Native Currency: INR 20,000,000)
Reason: Founded as JV with other company giving them 50% stake. They later became a dormant partner. As a re... View More
Interested to connect with advisors
Business Overview

- Bangalore based IT service company running profitably at over 50% as CAGR (FY-15-16 projection ~100% growth, already crossed FY14-15 numbers already by Oct'15)

- Over 3 years into operation run by the ex-IITians leading the company to get over 6-8 website leads per month globally.

- Operating an ODC ( Offshore Development Centre) for the growing US based eCommerce company along with regular clients from across the nation and abroad.

- Having a team of 25 members with strong Technical & Operational knowledge and expertise in web and mobile based application development.

- Have helped many companies from Small startups to Large Corporate to achieve their goals within our 3 years of operation.

- Have accomplished over 50 projects in this short span of time.

There are both vertical and horizontal growth prospects:

Horizaontal: The founders have good relation with SAP & Oracle. The company can get huge benefits in terms of Revenue and Valuations by connecting with eCommerce giants. All is needed at the moment is right capital inflow and vision.

Vertical: Areas that the business can be expanded are:

- Data Analytics services

- Other technology practices

- eCommerce business support (BPO/KPO)

Company has the potential to become an entity of $5 million in less than 3 years with the right resources and vision.

Products & Services Overview

EComemerce Portal development

Software development

Outsourced product development

Maintenance, support and hosting services

Mobile development

UI/UX design and development

eCommerce and online business consulting

New practice lined up: Data Analytics solutions.

Facilities Overview

- We operate out of a 3000 sq ft rented facility, good to hold 50+ people.

- All furniture, server, power backup, CCTV etc. infra is owned by us.

- The facility is under 24*7 CCTV surveillance.

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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