6.9 / 10
 Bengaluru

Bangalore based fintech company offering online payment services to over 10k users.

Key Business Facts
Yearly Sales USD 540 thousand
EBIDTA Margin Nil
Industries Payment Services
Locations  Bengaluru
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.
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%.
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.
Partial Stake Sale
USD 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 34 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business or Enquire on WhatsApp