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Small Application Software Company for Sale in Hyderabad, India

SaaS software tool to manage the business of insurance agents with 100+ paid customers.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 6.6 thousand
Run Rate Sales USD 7 thousand
EBITDA Margin Nil
Industries Application Software
Locations  Hyderabad
Local Time 12:53 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 120 thousand (Native Currency: INR 10,000,000)
Reason: As we need more funds and technical resources to grow the business and we are not keen to invest the... View More
Includes physical assets worth USD 1.2 thousand
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Business Overview

- Time-tested product with market approval.

- Ready product for scaling up.

- Customer expectations are increasing day by day and we are not able to invest in resources to scale up.

- We have over 1,000 users and 100+ paid customers to date.

- Business has an annual subscription-based revenue model.

- Company has 5 employees, 2 in development, 2 in marketing, and 1 in backend operations.

Products & Services Overview

It is cloud software and you can try the software for insurance companies where they can track all the policies taken by their customers, have easy documentation, and send quotations.

Assets Overview

Physical assets include laptops and office furniture.

Intangible assets of complete product with source code and all existing customers and business.

Facilities Overview

Rental place in Miyapur with sharing premises with other sister concern company.

Capitalization Overview

Bootstrapped company with two female directors. No liabilities on paper. The percentage of ownership is 50:50 between the two directors. We have products with a strong insurance domain which is booming today.

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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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