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Small Application Software Company for Sale in Mumbai, India

Financial accounting software currently in beta phase having 15-20 active users.
This transaction has concluded.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 30 thousand
EBITDA Margin Nil
Industries Application Software
Locations  Mumbai
Local Time 2:30 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 400 thousand (Native Currency: INR 35,000,000)
Reason: To focus on our IT firm and other products that we are developing.
Documents
Business Overview

IT service company that has developed a SaaS based financial accounting software is looking for buyers. It's a fully automated financial accounting software that automates the process of developing ledgers, P&L accounts, balance sheet and cash flow statement. We are also working on integrating GST and ITR plug-in to the software.

The software is currently in the beta phase with 15-20 active users. We work on subscription model to generate revenue. We have developed this software using our company's proprietary technology. Full sale price is for the accounting software only and not the company. Our IT company is not for sale.

Products & Services Overview

Billing & Financial Accounting & Management software.

Facilities Overview

We operate out of 800 sq ft rented office in Mumbai. The office is not for sale.

Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
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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