Software Company Investment Opportunity in Faridabad, India

- DIIPT recognized startup company.

- We have 2 products. One is a cloud-based SaaS platform which is used by recruitment agencies and another product is ERP software which is used by the manufacturing industry.

- We generate revenue by charging a licensing fee of INR 600 per user per month.

- It has strong potential to generate INR 100+ Cr. revenue in a couple of years.

- The additional services we provide are recruiting employees for our clients. The majority of sales are through this vertical. We help in recruiting mid-senior to senior-level positions. We generate revenue by charging 6-12% of the CTC of the recruited employees.

- Catering to around 20 clients including L&T, Tech Mahindra, Mastek, Beetel, etc.

- Used to provide IT consultancy services. Our sales have decreased since we have stopped acting as consultants to the clients.

- We have 34 employees (14 in recruiting team, 18 software developers, and 2 managers).

We are having following verticals.

- SaaS Platform.

- Software Development.

- Recruitment.

Tangible assets include desktops and office furniture.

The office is located in sector 19 on a 2,100 Sq Feet area with a monthly rent of INR 1 lakh.

- As of now it is bootstrapped business.

- INR 10 L convertible debt funding from Govt. of India through SIFSS.

- 2 directors (65%, 30%), 1 advisor (2%), and IIM Lucknow (3%).