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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 Business is on a Premium Plan
Established 10-20 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 1.1 million
Run Rate Sales USD 1.4 million
EBITDA Margin 40 %
Industries Enterprise Software + 1 more
Locations  Chandigarh
Local Time 4:50 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 5.5 million (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 USD 40 thousand
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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).

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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