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IT Services Company Seeking Loan in Bangalore, India

Bangalore-based IT services business providing IT and infrastructure management solutions seeking loan for operational expenses.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 58 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 15 %
Industries IT Services
Locations  Bangalore
Local Time 6:18 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 23.3 thousand for 10.0% annual interest, 5 years (Native Currency: INR 2,000,000)
Reason: Post Covid, the business has seen a dip in sales, and is experiencing a shortfall in revenue. The ow... View More
Collateral Available: USD 0
Includes physical assets worth USD 8.1 thousand
Name, Phone, Email
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Business Name
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Documents
Business Overview
- The business is in Bangalore and operates in the digital technology services industry.
- It currently has 30 employees and offers a range of services including IT management, infrastructure management, and maintenance and support services.
- The business provides system support and is currently working on two ongoing projects.
- Its IT backend services include networking solutions that support critical business applications such as ERP, IP telephony, and data centre application and storage area networking.
- The business also offers security products, services, and solutions from companies like Symantec, Microsoft, Nortel, 3com, and Cisco system, providing anywhere access to real-time information.
- Additionally, the business provides SAP implementation services and acquires approximately 5 clients monthly, with a high rate of client retention and repeat business.
- The services offered by the business cater to a wide range of IT needs and have established a solid clientele base, making it an attractive investment opportunity in the digital technology services sector.
Products & Services Overview
Our most used services include:
- IT management services.
- Infrastructure management.
- Maintenance and support services.
Assets Overview
Complete office and workstations set up worth INR.
Facilities Overview
The business is operating from a 2 floored rental office in Malleswaram.
Capitalization Overview
The company currently has two directors with equal shares and is completely debt free.
The business does not have any loans and is debt free.
Recent Activity
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1 Investor contacted this Business this month. 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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