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Web & Mobile Development Company Investment Opportunity in Jaipur, India

Firm providing web, app, and software development services with a specialization in banking software.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 80 thousand
EBITDA Margin 10 - 20 %
Industries Web & Mobile Development
Locations  Jaipur
Local Time 12:41 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 12 thousand for 10.0% stake (Native Currency: INR 1,000,000)
Reason: The fund will be used to hire new staff and to expand to new verticals like school management system... View More
Includes physical assets worth USD 3.6 thousand
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Business Overview

- Firm providing web, app, and software development services for 50+ categories with a specialization in mobile recharge and money transfer software including UPI, AEPS, etc.

- Started operations 9 months back and have completed 18+ projects since then.

- Currently, have around 2-3 ongoing projects.

- On average a project takes around a month to complete and has a value of around INR 50,000.

- Clients take up our additional services after the completion of the project.

- Charge a fixed commission on each transaction done through our software.

- Earn around 40% of revenue through commissions.

- Most of the development is done in-house.

- Business has the potential of onboarding 10-15 new clients every month.

- Business performed really well in the first 3 months of starting operations but the sales have declined due to the covid induced lockdown.

Products & Services Overview

We provide customized software, app and web development services, recharge software, banking software, and other 50+ categories.

Assets Overview

Desktops and laptops, printer, servers, furniture, chairs, water cooler, and strong clientele.

Facilities Overview

We have rented an office (on the ground and first floor) in a mall in Jaipur. We pay a rent of INR 25,000 every month.

Capitalization Overview
Not Disclosed
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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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