Profitable IT Infrastructure Company for Sale in Bangalore, India

For sale: IT infrastructure company's BFSI division with district cooperative banks in Karnataka as clients.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 1 million
EBITDA Margin
50 - 60 %
Industries
Locations
Local Time
12:33 PM Bangalore
Listed By
Management Member
Status
Moderately Active
Overall Rating
Full Sale
Asking Price: USD 5.6 million (Native Currency: INR 400,000,000)
Reason: Business wants to sell the BFSI division.
Includes physical assets worth USD 140 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Major clients in the District Cooperative Banks segment in Karnataka.

- There are 5 clients at the moment and is in talks with prospective clients; about 5 should be closed in the next 6 months.

- Have 30% market share in Karnataka DCC bank segment.

- Business provides end-to-end IT Infrastructure services including DC, DR (BCP), mobile banking connectivity.

- Regular onsite resource & hardware warranties revenue.

- Only the BFSI division is for sale.

Products & Services Overview

IT Infrastructure services for District Cooperative Banks:

IT Infrastructure.

A. Branch Office IT & Telecom.

B. Data Centre for hosting Core Banking Solution.

C. Disaster Recovery centre for Business continuity.

D. Cheque Truncation System.

Business Correspondence.

A. Kisan Credit Card with RuPay Payment gateway (Micro ATM <PoS> enabled @ bank branches & associated PACS (Primary Agricultural Societies)

B. Mobile Bank (ATM)

Facilities Overview
Recent Activity
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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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