Newly Established Custom Application Development Company Seeking Loan in Hyderabad, India
Custom app development & BPO services company for MNC and PSU clients is seeking loan.
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 420 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Custom Application Development |
| Locations | Hyderabad |
| Local Time | 10:23 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
17.5 thousand
for
10.0%
annual interest,
1
year
(Native Currency: INR 1,500,000)
Reason: The owner is seeking a loan to be able to support project executions in hand and also for business e...
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Collateral Available: USD 23.4 thousand
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Business Name
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Documents
MOA of Company
(552.5 KB)
AOA of Company
(583.5 KB)
Logo
(17.6 KB)
Incorporation Certificate
(71.0 KB)
ROC-Verification.pdf
(65.8 KB)
Business Overview
- The company is a newly established IT development and BPO service provider based in Hyderabad, specializing in custom application development using cloud and AI technology.
- The company has a diverse range of products and services, including software development, websites, and technology-based solutions for businesses. These solutions are designed to cater to the needs of small-scale to large-cap business sectors.
- The company is currently focused on two main areas of operation: Software Development and BPO services, with a sales split of 60% from software development and 40% from BPO services.
- With a current workforce of 8 employees, the company is in the process of recruiting additional members for its software development team.
- The company is currently engaged in 3 software development projects, with plans to increase its project capacity to 4. Additionally, the company is in the process of working on an HTML-based project.
- In terms of future prospects, the company has a strategic partnership with a Singaporean company to enhance its back-end capabilities, which is expected to lead to an increase in the number of projects undertaken.
- The company has a diverse client base, including MNC and PSU clients, which reflects its potential for growth and expansion in IT.
- The business holds the necessary documents to run the business and also has plans to apply for a UDYAM certificate and a GST certificate.
- The company has a diverse range of products and services, including software development, websites, and technology-based solutions for businesses. These solutions are designed to cater to the needs of small-scale to large-cap business sectors.
- The company is currently focused on two main areas of operation: Software Development and BPO services, with a sales split of 60% from software development and 40% from BPO services.
- With a current workforce of 8 employees, the company is in the process of recruiting additional members for its software development team.
- The company is currently engaged in 3 software development projects, with plans to increase its project capacity to 4. Additionally, the company is in the process of working on an HTML-based project.
- In terms of future prospects, the company has a strategic partnership with a Singaporean company to enhance its back-end capabilities, which is expected to lead to an increase in the number of projects undertaken.
- The company has a diverse client base, including MNC and PSU clients, which reflects its potential for growth and expansion in IT.
- The business holds the necessary documents to run the business and also has plans to apply for a UDYAM certificate and a GST certificate.
Products & Services Overview
We develop software, Websites, and complete technology-based solutions for businesses using AI technology. This can be used by any small-scale to large-cap business sectors.
Assets Overview
Business doesn't own any significant physical assets. All are personal devices of the staff.
Facilities Overview
We currently operate virtually. We have found a new office in a co-working space near Hitech City.It is a 1,020 sqft office with 25 seats, with a monthly rent of INR 1.25 lakh.
Capitalization Overview
As of now personal funds of Rs. 10 Lacs have been invested in the business.There are 3 Shareholders 2 Business Directors and 1 Sleeping Partner, with 65% with one co-founder, 25% with another co-founder, and 10% for 3 shareholders.
Recent Activity
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Earlier than 15 daysCyber Security Manager, IT Professional Services, Chicago, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysPresident/Managing Partner, IT Services & Consulting, Chantilly, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysMD, Hyderabad, Financial Consultant connected with the Business
Tags:
Newly Established Custom Application Development Company Seeking Loan in Hyderabad, India
·Lend to Newly Established Custom Application Development Company in Hyderabad, India
·Newly Established Custom Application Development Company Seeking Loan
·Lend to Newly Established Custom Application Development Company
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