Small IT Services Business Seeking Loan in Kottayam, India

Software company that has launched an appointment booking app for all types business and services seeks funding.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 30 thousand
Run Rate Sales USD 24 thousand
EBITDA Margin Nil
Industries IT Services + 1 more
Locations  Kottayam
Local Time 5:04 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 70 thousand for 18.0% annual interest, 5 years (Native Currency: INR 5,000,000)
Reason: Promoter is seeking funds to expand the business and also market the new product.
Collateral Available: USD 0
Includes physical assets worth USD 33 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- IT software company providing mobile development, web development services, digital marketing, social media marketing, and software services.

- Working with a US client who belongs to the insurance domain.

- We get a commission of 20$ per sale.

- Recently launched an appointment application and have started online operations in Kerela.

- The application allows users to book appointments for various services such as car washing, beauty services, hardware, technicians, plumbing, carpentry, and electric services.

- The application is available on the Google Play and App Store.

- Business is currently running on breakeven.

- Promoter has 5 years of experience with the industry.

Products & Services Overview

Software development, application development, eCommerce development, website development, IT support, digital marketing, booking services.

Assets Overview

Physical assets include laptops, servers, and furniture.

Facilities Overview

Rented office space with 380 sqft with a monthly rent of INR 6,500 with a deposit of INR 50,000.

Recent Activity
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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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