Web & Mobile Development Company Investment Opportunity in Bangalore, India

Company developed AI based platform to track expenses and view personalized recommendations.

This Business is on a Premium Plan

Established	5-10 year(s)
Employees	< 2
Legal Entity	Private Limited Company
Reported Sales	USD 12 thousand
Run Rate Sales	Nil
EBITDA Margin	Nil
Industries	Web & Mobile Development
Locations	Bangalore
Local Time	10:33 AM Asia / Kolkata
Listed By	Business Owner / Director
Status	Moderately Active

6.5 / 10

Compare with industry

Partial Stake Sale

USD 120 thousand for 15.0% stake (Native Currency: INR 10,000,000)

Reason: To hire more engineers and for marketing.

Documents

ROC-Verification.pdf

ROC-Verification.pdf (59.6 KB)

Business Overview

- Have built an AI driven app to track expense and view reports.

- The prototype has already been built and tested with 74% accuracy.

- The alpha version of the app is currently under development and will be completed shortly.

- Firm has conducted a comprehensive market study and has secured strong research and customer validation.

- In the past, the company has offered technical consulting services to a large corporate client in order to raise funds to develop the app.

- Going forward, the company intends to discontinue the technical consulting service line to focus on the app.

- Promoter has a strong background in the IT industry and has implemented large projects for MNC clients.

Products & Services Overview

AI driven marketplace app that is personalized to users.

Facilities Overview

Virtual office.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
Project Head, FMCG, Bangalore, Corporate Investor / Buyer connected with the Business
Earlier than 15 days
Managing Director, IT, Bangalore, Corporate Investor / Buyer connected with the Business
Earlier than 15 days
Director, Education, Bangalore, Individual Investor / Buyer connected with the Business

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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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