Payment Services Company Investment Opportunity in Bengaluru, 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 117 thousand |
| Run Rate Sales | USD 560 thousand |
| EBITDA Margin | Nil |
| Industries | Payment Services + 1 more |
| Locations | Bengaluru |
| Local Time | 9:24 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
1.05 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
35 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
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
-
Earlier than 15 daysVice President, Investments, Pune, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Fintech, Singapore, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysExecutive Director, Financial Investment, Dubai, Individual Investor / Buyer connected with the Business
Tags:
Financial Website Company Investment Opportunity in Bangalore, India
·Payment Services Company Investment Opportunity in Bangalore, India
·Financial Website Company Investment Opportunity in Bengaluru
·Payment Services Company Investment Opportunity in Bengaluru
·FinTech Company Investment Opportunity in Bangalore, India
·Invest in Financial Website Company in Bangalore, India
·Invest in Payment Services Company in Bangalore, India
·FinTech Company Investment Opportunity in Bengaluru
·Financial Website Company Investment Opportunity
·Invest in Financial Website Company in Bengaluru
·Payment Services Company Investment Opportunity
·Invest in Payment Services Company in Bengaluru
·Invest in FinTech Company in Bangalore, India
·Investment Opportunity in Bangalore, India
·FinTech Company Investment Opportunity
·Invest in FinTech Company in Bengaluru
·Investment Opportunity in Bengaluru
·Invest in Financial Website Company
·Invest in Payment Services Company
·Invest in Bangalore, India
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
7 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 124,000+ other businesses of all sizes.
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.
You might also be interested in these businesses