IT Services Company Investment Opportunity in Visakhapatnam, India

14 years old IT services and software development company having HQ in Visakhapatnam.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 840 thousand
EBITDA Margin
7 %
Industries
IT Services + 1 more
Locations
Local Time
12:28 PM Visakhapatnam
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 1.1 million for 75.0% stake (Native Currency: INR 75,000,000)
Reason: The investment is for global business expansion, aggressive product marketing, and to clear liabilit... View More
Includes physical assets worth USD 270 thousand
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Business Overview

- IT services firm having HQ in Visakhapatnam and a branch office in Hyderabad.

- We have expertise in J2EE, DevOps, Analytics, Hadoop platforms.

- We offer full-stack software development, maintenance, IT support for clients and develop our own ERP software.

- Working with more than 12 global clients and some of them are Cisco, St. Jude Children Research Hospitals, Veritiv Corp, Apollo Group. Gran Canyon University.

- Have developed 3 ERP software for GST solution, SMEs and CSR management. Two of the products are already available in the market and one product is yet to launch.

- We have 400 accounts for GST software, 2 clients for SME software.

- Have a monthly subscription model for our ERP software.

- 80-90% of the revenue is from software development and IT services.

- Business owns servers, computers, hardware, furniture, website and ERP software.

Products & Services Overview

- We offer full-stack software development, maintenance and support for clients.

- Have developed our own ERP software for GST solution, SMEs and CSR management.

Facilities Overview
Recent Activity
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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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