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Enterprise Software Company Investment Opportunity in Bangalore, India

Sellers of petrol pump accounting software (SaaS) with a petrol pump-oriented ERP in the pipeline.

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
Overall Rating
Partial Stake Sale
USD 180 thousand for 30.0% stake (Native Currency: INR 15,000,000)
Reason: Funds are required to develop our infrastructure and to hire more employees in the team & speed up t... View More
Includes physical assets worth USD 12 thousand
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Business Overview

- 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.

Products & Services Overview

Accounting software for petrol bunks (web and mobile application)

Application software development.

Assets Overview

The physical assets include computers and furniture.

Facilities Overview

Rented office space of 650 sq. ft. in Bangalore. Administration and marketing team sits at office and developers do WFH.

Capitalization Overview

- 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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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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