Need help?

IT Services Company for Sale in Chennai, India

Full sale opportunity for seasoned IT firm with proprietary technology and expert team.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 600 - 700 thousand
Run Rate Sales USD 620 thousand
EBITDA Margin 0 - 10 %
Industries IT Services
Locations  Chennai
Local Time 1:28 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 3 million (Native Currency: INR 290,000,000)
Reason: Seeking Strategic buyers to invest and scale the business, as the current owner wants to focus on ot... View More
Includes physical assets worth USD 10.3 thousand
Interested in connecting with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
IEC
Business Overview
- Business brings more than ten years of experience in providing technology solutions and managed services to its clients.
- The company focuses on banking technology and logistics solutions, with expertise across cards, payments, and lending.
- It has maintained a long-standing relationship with a global logistics client headquartered in Singapore.
- The business generates revenue through IT services and technology consulting.
- We have our own in-house intellectual property focused on banking and technology modernization.
- Currently we are supported by a team of 40 employees with expertise in application development, cloud engineering, DevOps, data analytics, integration, mobile engineering, and quality assurance.
- The business is led by promoters with over 20 years of technology and entrepreneurial experience.
- The promoters have previously co-founded IT ventures in Singapore and scaled a consultancy to a workforce of over 1,000 people. The business is fully bootstrapped and operates without external loans.
- The company has incorporation certificate and GST certificate.
Products & Services Overview
The business provides IT services, product engineering, and technology consulting to organizations in the banking and logistics sectors. Its FinTech solutions support lending operations, collections management, and enterprise process optimization. The company also offers application development, legacy system modernization, cloud engineering, DevOps, data analytics, system integration, mobile engineering, and quality assurance services. Its in-house banking technology products help organizations modernize their technology infrastructure and streamline operations.
Assets Overview
Intangible assets: Include the complete codebase of in-house products and intellectual property, along with full access to the associated infrastructure. The business also has a skilled workforce specializing in application development, legacy modernization, cloud engineering, DevOps, data analytics, system integration, mobile engineering, and quality assurance.
Tangible assets: Include computer equipment, laptops, furniture, and fixtures used for business operations.
Facilities Overview
The business operates from a rented facility within a Special Economic Zone (SEZ) in Chennai. The facility has a built-up area of 2,600 sq. ft. and a seating capacity of 40 employees. The premises are rented at a monthly cost of ₹3 lakh. The business does not own any physical property.
Capitalization Overview
The business is fully bootstrapped and funded through equity contributions from its directors. The business has four directors and no outstanding loans or bank debt.
Recent Activity
  • 1 day, 15 hours ago
    Independent Advisor, Chennai, Financial Consultant connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Buyer contacted this Business this week. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more

    Chat with Us
    Welcome to SMERGERS