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Online Marketplace Company for Sale in Bangalore, India

Open innovation & hackathon management platform connecting startups & enterprises to work on pilot projects.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 300 - 400 thousand
Run Rate Sales USD 430 thousand
EBITDA Margin 20 - 30 %
Industries Online Marketplace
Locations  Bangalore
Local Time 6:19 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 5 million (Native Currency: INR 400,000,000)
Reason: The business model has the potential to scale big and the directors believe this can scale quicker w... View More
Includes physical assets worth USD 10 thousand
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Business Overview
- We are an online platform that facilities various corporates to conduct hackathons and venture capital programs.
- Our business has 66 corporate & 55 startup clients.
- We have long-term vendor contracts with enterprises & consulting firms.
- Business has received strategic investment by venture catalysts.
- The company has 3 promoters with a combined experience of 75 years in large corporates & startups.
- 51% of the company is owned by the promoters and 49% by investors.
- We charge license and service fees from our corporate clients.
- The business also charges a fee from the startups that are able to raise funds using our platform. registered on our platform.
- Company does not have any outstanding loans.
Products & Services Overview
We are an online platform and deal in hackathon management, corporate accelerator management, and open innovation challenge management.
Assets Overview
Physical assets include office setup, furniture, laptops, and equipment.
Intangible assets include an enterprise software platform, 1,25,000 community users on the platform, and vendor contracts with 65+Corporates & 60 startups.
Facilities Overview
We have an office with an area of 1,000 sq ft on a rental basis.
Capitalization Overview
Not Disclosed
Recent Activity
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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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