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Manpower Supply Company Investment Opportunity in Noida, India

Commercial driver sourcing and operations management deep technology company with 8-10 clients seeks investment.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 800 - 900 thousand
Run Rate Sales USD 1.5 million
EBITDA Margin 0 - 10 %
Industries Application Software + 1 more
Locations  Noida
Local Time 5:29 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Investment
USD 950 thousand for 10.0% stake (Native Currency: INR 75,000,000)
Reason: - Expansion of the business by investing in technology, back office and working capital. - We are i... View More
Includes physical assets worth USD 2 thousand
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Business Overview

- Technology company specializing in providing complete commercial driver management solutions to big clients.

- USP: India's first driver management tech company.

- Have 8-10 active clients and major clients include DHL, Prakash Industries, and Snowman.

- We have 8-10 new clients in the pipeline.

- Technology is developed in house. One of the promoters is from the same background.

- Have a team of IITans. Promoters have a cumulative experience of 80 years.

- We have deployed over 2,000 drivers till date and have 250 live drivers at the moment.

- We offer comprehensive packages to our clients which include management fees, drivers' salaries, and commission.

- Company has 2 directors and all the shares are with the directors.

- Have a bank loan of INR 10 lakh.

- Recently registered and opened an office in the US. We will soon launch operations there.

- Operation was started in the mid of 2020 and we recently started to expand the business hence our revenue has started to grow.

Products & Services Overview

Commercial vehicle driver sourcing and management (sourcing, verification, selection, onboarding and tracking)

VAS: Fastag, enroute, diesel, tyre etc.

Assets Overview

Physical assets include laptops. Other assets are cash, investment (FD), security deposit, technology, and software.

Facilities Overview

2 rental offices in Noida and Mumbai. Have remote offices across Gurgaon, Bangalore, Kolkata and Kanpur.

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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