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Programming Software Company for Sale in Chandigarh, India

For Sale: Profitable software company focused on P&C insurance industry in foreign markets.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales INR 8.1 crore
Run Rate Sales INR 10.2 crore
EBITDA Margin 40 %
Industries Enterprise Software + 1 more
Locations  Chandigarh
Local Time 1:08 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: INR 41 crore (Native Currency: INR 410,000,000)
Reason: Owner plans to relocate in the coming years. We are not looking for partial sale although the busine... View More
Includes physical assets worth INR 30 lakh
Interested to connect with advisors
Documents
Team Members
Team Gathering
Group Photo
Office Celebration
Business Overview
- Company has a services division and a high potential products division.
- Services division develops software applications for the USA insurance market (US companies outsource to us).
- Products are as per well-known insurance standards.
- Growing at 30% annually, with approximately USD 1.3 million annual turnover.
- Has a strong management and development staff.
Products & Services Overview
- Software development services in prominent technologies like Microsoft Azure, AWS, NET, salesforce, PHP, Python.
- Insurance software services and new products targeting the USA market.
Assets Overview
Full business with approx. 100 computers, and furniture.
Facilities Overview
Rented office with an area of 5,000 square feet (100 seats).
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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