SaaS based POS and e-Commerce Business Investment Opportunity in Coimbatore, India
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 18 thousand |
| Run Rate Sales | USD 22 thousand |
| EBITDA Margin | 40 - 50 % |
| Industries | POS Terminal + 1 more |
| Locations | Coimbatore |
| Local Time | 6:00 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
- 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.
SaaS based POS, standalone POS, SaaS based e-commerce website, SAAS based e-commerce mobile application, SaaS based website builder, retail POS, and restaurant POS.
Clients, resellers list, servers, office equipment and supplies, computers, furniture and other general equipment, business data, website, software.
We had our own premises in Coimbatore. Recently we shifted to Erode with 1500 Sq. Ft.
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Earlier than 15 daysCXO, Edutech, Startup Consulting, Chennai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Electronics Wholesale And Retail, Cape Town, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysMD, Diversified, Mumbai, Corporate Investor / Buyer connected with the Business
