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Payment Services Company Investment Opportunity in Pune, India

Multi-Utility Payment Services Provider, with strong footprint across Western India looking for investment to revive operations.
This transaction has concluded.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 2.2 million
Run Rate Sales Nil
EBITDA Margin Nil
Industries Payment Services
Locations  Pune
Local Time 2:53 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 2.4 million for Undisclosed stake (Native Currency: INR 200,000,000)
Reason: Looking for strategic partner to invest, and come with management expertise to ensure growth to the ... View More
Interested to connect with advisors
Business Overview

Multi-Utility Payment Services Provider, with strong footprint across Western India looking for investment to revive operations.

Areas of business include Computer Telephony Solutions, Multi Utility Bill Payment & M-commerce services using E-wallet technology ( Patent pending ) and Retail software solutions built on unique converged technology.

More than 300 franchisee outlets currently present across the western zone, with POS devices and browser software being employed.

The company maintains contacts with most utility providers and also with telecom companies. Have also briefly forayed into the DTH market.

Currently, the business is going through a liquidity crisis, and hence the investment is sought to revive operations.

It has huge potential if revamped under new management control, looking for strategic partner to invest, and come with management expertise to ensure growth to the organisation in next 2 years.

Products & Services Overview

-Interactive Voice Response systems using POTS, PRI, HMPP, SS7 and USSD technologies.

-Secured SMS gateways for long code and short code based services.

-Electronic Tablets and software applications.

-Electronic Point Of Sale terminals [E-POS] with terminal management and customized software applications.

-Converged commerce services platform for third party application services.

-Propreitary AADHAR Enrollment kits, enabling Enrollment Agencies to achieve landmark success ratio.

Facilities Overview

Nil.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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