IT Services Company Seeking Loan in Bangalore, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 50 thousand |
Run Rate Sales | USD 50 thousand |
EBITDA Margin | 10 - 20 % |
Industries | IT Services + 1 more |
Locations | Bangalore |
Local Time | 6:47 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Company provides IT services like software development, website development, cloud application development, android development, iOS development, and customized cloud application development for desktop and mobiles.
- Currently, there are 10 ongoing projects and we have completed 60+ projects in total.
- 65% of the revenue is from mobile application development and the rest is from other services.
- Some part of the project fees are paid in advance and then we receive milestone payments.
- The promoter has 5.5 years of experience in the same domain.
- The company is debt-free and has 2 directors with 51% and 49% stakes. Promoter has the majority of the stake.
Website development, cloud application development, android development, iOS development, ERP software, and CRM.
- Tangible assets - 21 computers, 1 server, furniture and interior.
- Intangible assets - Website.
1,650 Sq Ft in central Bangalore seating capacity of 15 employees on rental. Rented at INR 1.1 lakh per month.
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Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
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Earlier than 15 daysConsultant, IT Software, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysSolution Architect, Software, Bangalore, Individual Investor / Buyer connected with the Business