Recruitment Agency Investment Opportunity in Pune, India
- We are team of two companies combined revenue of INR 2.34 crores, that has merged to operate as one company.
- One company is 7 year old with last year revenue being INR 1.3 crore and the other company started operations on Oct 2018 and its March 2019 ending revenue was INR 1.04 crores.
- We outsource or use contractors to deliver IT projects and we do IT Contract Staffing for our clients such as IBM, Wipro and Happiest Minds.
- We also completed development of an eGovernance product, we will retain 50% of the IP rights and the application built can be sold to other Government clients.
- We have already different government clients who are interested in using our product and we expect revenues to come in from January 2020,
- Promoters has a strong background with over 15 + years of management experience in the IT Services and Staffing.
- Promoter was also previously employed as a CEO of a mid-size IT Services firm where he grew revenues by 95% in one year and prior to that was a BU Head at an MNC heading operation across India and EMEA for a business line generating revenues of over INR 150 crores each year.
- We also provide our services to large clients in UK and Europe.
- Placing 10-20 candidates per year and have 5 contractors on billing in the UK and Europe.
- We have orders for contract staffing from our clients in UK and Europe which needs heavy working capital.
- We have recently acquired a newly established IT company in USA.
Earlier than 15 daysGlobal M&A Head, Staffing, Herndon, Corporate Investor / Buyer connected with this business
Earlier than 15 daysOwner, Tech, Schwetzingen, Individual Investor / Buyer accepted business proposal
Earlier than 15 days