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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 120 thousand
Run Rate Sales USD 600 thousand
EBITDA Margin Nil
Industries Payment Services + 1 more
Locations  Bangalore
Local Time 6:30 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.1 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... View More
Includes physical assets worth USD 36 thousand
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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.

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
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Manager, Shipping, Dubai, Corporate Investor / Buyer connected with the Business
  • Earlier than 15 days
    We Have Multiple Buyers/Investors Interested In Acquiring IT /Tech Companies (Lower Middle Market), Atlanta, M&A Advisor connected with the Business
  • Earlier than 15 days
    Executive Director, New Delhi, 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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