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Newly Established Web & Mobile Development Company Seeking Loan in Hyderabad, India

Skilled IT services company offering tailored app development for businesses in Hyderabad.

Established 0-1 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 380 thousand
EBITDA Margin 10 %
Industries Web & Mobile Development
Locations  Hyderabad
Local Time 6:04 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 320 thousand for 11.0% annual interest, 7 years (Native Currency: INR 30,000,000)
Reason: To hire a bigger team and for working capital.
Collateral Available: USD 0
Includes physical assets worth USD 53 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Leading IT services provider based in Hyderabad, focusing on web and mobile development.
- Our team of 68 skilled professionals specializes in crafting custom mobile and web applications tailored to meet client needs.
- We've successfully developed over 60 applications, ensuring they align perfectly with what our clients want.
- Our revenue has skyrocketed, growing 400% in both earnings and team size from the start to the end of the year.
- We don't just build apps; we help our clients thrive, boosting their revenue by 6x through effective brand marketing strategies.
- Our customer base includes a diverse range of businesses looking to elevate their digital presence and streamline operations.
- Business is MCA registered with GST.
Products & Services Overview
We specialize in developing custom and tailored-fit mobile applications and web applications for clients.
Assets Overview
Assets include office interiors, computers, laptops, ACs, electronics, working desks and chairs.
Facilities Overview
Rented 1 floor office space with 3,500 sq. ft area, which has occupancy of 74 team members.
Capitalization Overview
Business has 2 partners with no liabilities.
Recent Activity
  • Earlier than 15 days
    Managing Director, Hyderabad, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant 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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