SaaS based POS and e-Commerce Business Investment Opportunity in Coimbatore, India

- Company in Coimbatore has developed a web-based cloud POS software and SaaS-based e-commerce software.
- Right now we have installed 300+ standalone POS software at multiple retail industries such as supermarkets, restaurants, textile shops, electronics.
- Around 100 clients are doing renewal for INR 2,500 to INR 5,000 based on the package they have got, this will be our recurring annual income.
- Software has been designed in a way to adopt any kind of retail industry. No need for extra development if any of the retail comes in.
- Company has been successfully running since 2009.
- Clients are spread across India and we have at least 1 client in every town of Tamil Nadu.
- Our website receives more than 1.2 million traffic every year.
- We manage a FB group that has 55+ subscribers for retail business in Tamil Nadu. We can easily promote to them.
- We receive more than 150 leads in a month without any advertising, only through our website traffic for POS Software. If we spend on advertisement we can generate another 500 leads for POS Software.
- We generate revenue by charging annual fees from clients and all the clients renew our services every year.
- Currently, we charge basic packages of standalone POS for INR 10,000 and e-commerce software for INR 15,000.
- We intend to charge INR 3,600 per year for both the POS software and the e-commerce software and we expect the users to be 30,000 in India within 3 years.
- Another source of income is from the data, we are dealing with FMCG segments more, so many companies approached us so far to give top-selling brands and products for every geography. We are being approached already by a few large corporations (Nelson and Tata) for the data.
- Also planning to give e-commerce stores for free which will be running in our subdomains. We can place advertisements related to their business category.
- We plan to implement AI/ML software that provides customer engagement and recommendations for every geographic. This data will be useful for manufacturers, distributors.
- Timeline engine using AI; that will provide retailer which is the best items to sell in this season.
- Having multiple resellers across India who supply POS hardware, cash registers, bar code scanners, thermal printers. Already signed up with 600 vendors.
- We generate some revenue from hardware sales as well but the majority of our revenue is from software.
- Our product is already a proven, tested, and revenue-generating one.
- We have invested more than INR 3 crore's into building the product and gaining clientele over the past 6-7 years.