Payment Services Company Investment Opportunity in Bangalore, India
Bangalore based fintech company offering online payment services to over 10k users.
| Established | 5-10 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 118 thousand |
| Run Rate Sales | USD 570 thousand |
| EBITDA Margin | Nil |
| Industries | Payment Services + 1 more |
| Locations | Bangalore |
| Local Time | 6:14 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
1.06 million
for
15.0%
stake
(Native Currency: INR 90,000,000)
Reason: For marketing, expansion, product development, and operational cost.
As per the exit method valuati...
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Includes physical assets worth
USD
35.5 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
Certificate of Incorporation
(594.9 KB)
Domain-Verification.pdf
(212.7 KB)
ROC-Verification.pdf
(73.9 KB)
Business Overview
- Five year old company specializing in offering online payment services.
- We have more than 10,000 users as of now.
- Users are end customers who want to pay bills and recharge.
- Promoters have 17 years of international experience in the tech and banking sectors.
- Company has 4 directors with 50%, 25%, 15% and 10% split.
- Business has no liability.
- Revenue is generated from commissions.
- Company is registered in Kerala but operations are in Bangalore.
- We are still in the break-even stage as we are focussing on growth at the moment.
- We are witnessing over 300% growth in revenue as we are expanding our services and location.
- We have more than 10,000 users as of now.
- Users are end customers who want to pay bills and recharge.
- Promoters have 17 years of international experience in the tech and banking sectors.
- Company has 4 directors with 50%, 25%, 15% and 10% split.
- Business has no liability.
- Revenue is generated from commissions.
- Company is registered in Kerala but operations are in Bangalore.
- We are still in the break-even stage as we are focussing on growth at the moment.
- We are witnessing over 300% growth in revenue as we are expanding our services and location.
Products & Services Overview
Mobile recharge, utility bill payments, school fees, flight-hotel-bus booking, and e-gift cards.
Assets Overview
Intangible assets are - Bugs free software, brand name, 1,000 keywords in Google search, and TM license.Tangible assets are - Office furniture, computers, laptops, phones and workstations.
Facilities Overview
Rented 3,200 sq ft office in Whitefield, Bangalore.
Capitalization Overview
- We have 4 directors.- Business is bootstrapped with INR 18 crores.
- Have an INR 24 lakh loan outstanding from Bajaj Finserv.
- Shareholding pattern is 46%, 30%, 13%, and 11%.
Recent Activity
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Earlier than 15 daysExecutive Director, Financial Investment, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManager, Shipping, Dubai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysWe Have Multiple Buyers/Investors Interested In Acquiring IT /Tech Companies (Lower Middle Market), Atlanta, M&A Advisor connected with the Business
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