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IT Services Company Investment Opportunity in Bangalore, India

Bangalore based IT consulting firm seeking capital to enhance AI capabilities.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity Public Limited Company
Reported Sales USD 710 thousand
Run Rate Sales USD 710 thousand
EBITDA Margin 30 %
Industries IT Services + 1 more
Locations  Bangalore + 1 more
Local Time 7:13 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 340 thousand for 10.0% stake (Native Currency: INR 29,000,000)
Reason: We need investment for a project that worth of INR 10 crore.
Includes physical assets worth USD 118 thousand
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Business Overview
- Build and maintain ERP products for clients across a broad range of industries.
- Also offer IT consulting and IoT, database, web and mobile application development services.
- We have been in the market for over 20 years and work on a SaaS model.
- Operate in over 4 continents at present.
- Serve both the Government and private sector.
- Our clients include the Indian Air Force, DRDO, several medical and dental councils, Axis Bank and State Bank of India.
- We have also offered our solutions to school associations having 6,000, 18,000 and 350 schools, hospitals and large corporate groups.
- The business owns physical assets which includes own office space in Kolkata, computers and other operating assets.
- Have recently secured a cooperative bank project for the next 10 years and are seeking capital to fund the same.
Products & Services Overview
Development and integration of custom ERP suites, IoT and blockchain based system development, IT consulting, database, web and mobile application development.
Assets Overview
Physical assets include own office in Kolkata and stock.
Intangible assets include IP and software which are completed and contributing in making revenue.
Facilities Overview
- 4,000 sq. ft. of owned office space across 3 floors in Kolkata.
- 1,000 sq. ft. of leased office space in Bangalore.
- 1,000 sq. ft. of leased office space in Pune.
- 1,200 sq. ft. of leased office space in Jaipur.
- 800 sq. ft. of leased office space in Kalyan.
Capitalization Overview
Not Disclosed
Recent Activity
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1 Investor 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.
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