Enterprise Software Company Investment Opportunity in Bangalore, India
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 40 thousand |
Run Rate Sales | USD 43 thousand |
EBITDA Margin | 20 % |
Industries | Enterprise Software |
Locations | Bangalore |
Local Time | 1:39 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Our SaaS product for petrol pumps was launched in December and managed to get 70 customers across India and is expected to reach 200 customers in the next 6 months.
- Prior to this for about 2 years we have been marketing another petrol pump accounting software and got 300+ customers. This already made our base marketing team and leads stronger.
- Currently, we are focusing on developing an ERP-based solution for petrol bunks along similar lines and have 100 clients in the pipeline.
- To date, we have generated revenue through retailing of software and from founders.
- Market potential of more than 1.5 lakh petrol pumps in India alone.
- We have more than 70 customers across India and even more who are using the trial version. We have received a good response from customers who saw the demo.
- There is a high potential to reach more than 200 customers per month.
Accounting software for petrol bunks (web and mobile application)
Application software development.
The physical assets include computers and furniture.
Rented office space of 650 sq. ft. in Bangalore. Administration and marketing team sits at office and developers do WFH.
- Funded by the co-founders.
- The business does have loans from director about 10 Lakhs. It has an overdue of around INR 10 lakhs to be paid for the developer's charges.
- The business has 2 directors (co-founder) and 2 investor partners. The shareholding is in a 59:16:15:10 split.
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Earlier than 15 daysCXO, Edutech, Startup Consulting, Chennai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Consulting, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysSenior Manager, IT, San Jose, Individual Investor / Buyer connected with the Business