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IT Services Company Investment Opportunity in Mumbai, India

Mumbai based IT consulting firm with several MNC clients seeking investment to fund working capital.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 50 - 60 thousand
Run Rate Sales USD 36 thousand
EBITDA Margin Operating at loss
Industries IT Services
Locations  Mumbai
Local Time 2:45 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 120 thousand for 20.0% stake (Native Currency: INR 10,000,000)
Reason: We are in the final stages of securing a INR 7 cr. order. 90% of the funds will be used to hire both... View More
Includes physical assets worth USD 600
Interested to connect with advisors
Documents
Business Overview

- IT consulting firm offering a range of business process re-engineering and solution design services.

- Also offer robotic process automation services with the help a Chennai based manufacturing partner.

- Have served 50+ clients till date including several MNC firms.

- Clients include Metro Cash and Carry, Indorama, ICICI Bank and Haldirams.

- Current order book is INR 4 Cr with confirmed cash flows for the next 6 months.

- Our strategic product partners include Automation Anywhere, Softomotive, Antworks, Jiffy RPA, Liferay, Happay, Zoho Solution Design & Implementation Services.

- We recently moved into a co-working space whose rent is 50% higher than our previous facility.

- This has led to an increase in our operating costs which has in turn forced the company to record an accounting loss.

- The average gross margins for our services is 40%

- Our revenue has dropped due to the pandemic which has impacted our clients and in turn impacted our business.

- However, we are in the final stages of securing a INR 7 cr. order.

Products & Services Overview

IT consulting, business process re-engineering and solution design, enterprise tool development, IoT infrastructure design, cloud and cyber security design, robotic process automation.

Facilities Overview

Work out of a co-working space.

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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