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IT Services Company Investment Opportunity in Bangalore, India

20-year-old award-winning global digital transformation firm that offers product engineering. development, cloud, digital marketing.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 500 - 600 thousand
Run Rate Sales USD 600 thousand
EBITDA Margin 20 - 30 %
Industries IT Services
Locations  Bangalore
Local Time 4:01 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 240 thousand for 25.0% stake (Native Currency: INR 20,000,000)
Reason: Funds will be used to expand market presence in North America and Europe and team building.
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Business Overview

- Company provides digital transformation solutions using emerging technologies. Our business processes are ISO certified.

- With clientele spread in 23+ countries, the company has serviced more than 500 clients in its 17 years of operations.

- We can offer our services to 3,000 SMEs as we have partnered with the Government of Qatar for digital transformation.

- Region's top industry leaders have been our customers and we have delivered our services both onsite and offshore. Some of our clients are Qatar Insurance Co, Doha Bank, National Car Rental.

- Our company has catered to enterprises & corporates with 60% focus on SMEs, 20% focus on start-ups and the remaining 20% focus on government entities.

- The firm also has a registered entity in the US, UAE and Qatar. We haven't generated revenue through our US and UAE entity. The entity in Qatar used to contribute 30% to our total revenue. However, at present, 100% of our revenue is generated through our Indian entity.

- In 2018, the company had grown to a 110 members team with a revenue of INR 10 crore. However, due to the cash crunch and downsizing of our operations, our revenue was reduced.

- Company was awarded "Top 10 Development Companies in Dallas" by ContractIQ. In addition to this, the company has won numerous design awards as well.

- The sales of the business will grow in the coming months and we are targeting achieving sales of around INR 6cr this financial year.

Products & Services Overview

- Web app development.

- Mobile app development in Native iOS, Android, React Native, and Ionic frameworks.

- Digital marketing: Marketing automation, CRM automation, lead nurturing, mailer campaigns, SEO management, social media marketing, SEM/PPC services.

- DevOps/cloud services, AWS management, hosting and IoT projects as well.

- Artificial Intelligence (AI), Multiverse technology, Blockchain, Crypto platforms, NFT.

- Web and network security implementation, audit and compliance.

Assets Overview

- Current clients being serviced.

- Past client and lead database.

- 17-year-old brand in India, US, UAE and Qatar with very high SEO ranking.

- Trademark and portfolio of servicing more than 500 clients across 23+ countries.

- Employees and consultants who are working for the organization.

- Ready to go brands for bidding and qualifying for large ticket sized tenders.

- Company does not own any physical assets as all the assets are taken on rent.

Facilities Overview

Company was leasing an office space of 10,000 square feet before covid, but it has given up the office due to 100% work from home practice for employees. Currently operating in virtual mode.

Capitalization Overview

We have 6 shareholders and have an overdraft of INR 1 crore. Funded via equity and loans.

Term loans from Kotak Mahindra, Bajaj Finance totalling INR 25 lakhs and a vehicle loan from Kotak Mahindra for INR 24 Lakhs.

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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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