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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 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 1 - 2 million
Run Rate Sales USD 2.3 million
EBITDA Margin 0 - 10 %
Industries Application Software + 1 more
Locations  Noida
Local Time 4:22 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 500 thousand for 20.0% stake (Native Currency: INR 40,000,000)
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 Adani, VRL, Jubliant, DHL, Prakash Industries, Linde, Rimjhim, RCI, and Snowman.

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

- Technology is developed in-house with a complete in-house tech team.

- Have a team of IITians. Promoters have a cumulative experience of more than 80 years.

- We have deployed over 5,000 drivers to date and have 500 live drivers at the moment with a database of more than 2.5 lacs verified commercial drivers across the length and breadth of India.

- We offer comprehensive packages of driver management to our clients which include management fees, drivers' salaries, en route expenses, roster-based duty, and live tracking.

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

- Operation started 3 years ago and we recently started to expand the business hence our revenue has started to grow.

- Average gross profits of around 25%.

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, VC devices, and furniture. 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.

Capitalization Overview

Bootstrapped, with no external VC money.

Loan: INR 40 lakh.

Bill discounting limit: INR 2 crore.

4 founders with the shareholding pattern as 40:20:20:20.

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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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