Small IT Services Company Investment Opportunity in Chennai, India
Early stage IT service company based in Chennai developing proprietary product for Indian and GCC markets.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 24 thousand |
| Run Rate Sales | USD 30 thousand |
| EBITDA Margin | Nil |
| Industries | IT Services |
| Locations | Chennai |
| Local Time | 7:12 PM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
12 thousand
for
25.0%
stake
(Native Currency: INR 1,000,000)
Reason: To launch our product.
Includes physical assets worth
USD
14 thousand
Interested to connect with advisors
Documents
ROC-Verification.pdf
(59.5 KB)
Business Overview
- Early stage IT service company based out of Chennai.
- Have completed 5 projects in past for both US and Indian clients.
- Currently building a proprietary product tailored to Indian and GCC markets.
- Operating at break even with a projected EBITDA of 30% in the next 2 years.
- Also have a marketing office in Abu Dhabi.
Products & Services Overview
Web App Development, Mobile App Development, Software Testing, UI / UX Design.
Proprietary product (in the works)
Facilities Overview
Rental area of 1,500 Sq Ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysTechnical Partner, EduTech, Richardson, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO/Founder, IT Services & Solutions, New York, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysEngineer, Oil & Gas, Chennai, Individual Investor / Buyer connected with the Business
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