Small Web & Mobile Development Company Investment Opportunity in Aurangabad, India
Aurangabad-based IT company providing web development services, receiving 10-15 projects/year, serving 50 clients, seeks investment.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 20 - 30 thousand |
| Run Rate Sales | USD 21 thousand |
| EBITDA Margin | Nil |
| Industries | Web & Mobile Development |
| Locations | Aurangabad |
| Local Time | 8:09 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
58 thousand
for
20.0%
stake
(Native Currency: INR 5,000,000)
Reason: Seeking investment of INR 50-80L for expansion of sales and marketing channels to reach more clients...
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Includes physical assets worth
USD
5.8 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
ROC-Verification.pdf
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Business Overview
- Business located in Aurangabad, specialized in providing cutting-edge IT services and solutions to drive digital transformation.
- Operates with a project-based business model, completing an average of 10-15 projects per year.
- Portfolio includes over 50 clients from various industries such as NGO, education and real estate and generating an annual revenue of INR 18 lakh.
- The average project duration is 2 to 3 months, with an average value of INR 40-50k.
- The business has long-term contracts with various establishments.
- The promoters bring extensive experience from the hospitality industry, ensuring service quality and reliability, and have established strong business relationships with key industry players.
- The business needs 8 permanent employees, who are required to run the business operations, includes admin, management, developers and marketing personnel.
- Currently the business is not profitable yet because of burn on operations and marketing.
- Operates with a project-based business model, completing an average of 10-15 projects per year.
- Portfolio includes over 50 clients from various industries such as NGO, education and real estate and generating an annual revenue of INR 18 lakh.
- The average project duration is 2 to 3 months, with an average value of INR 40-50k.
- The business has long-term contracts with various establishments.
- The promoters bring extensive experience from the hospitality industry, ensuring service quality and reliability, and have established strong business relationships with key industry players.
- The business needs 8 permanent employees, who are required to run the business operations, includes admin, management, developers and marketing personnel.
- Currently the business is not profitable yet because of burn on operations and marketing.
Products & Services Overview
Services include:Web application development - business website, corporate website and ecommerce website.
B2B model with clients from diverse industries such as NGO, education and real estate.
Assets Overview
Physical assets include:- Office furniture.
- Computers, laptops & servers.
- Electric equipment.
- Glass furniture.
Facilities Overview
Operating from a rented office space of 300 sq ft.Rent is INR 3k per month.
Capitalization Overview
Currently, business is bootstrapped.Having outstanding loans around INR 2-3 lakhs.
2 shareholders with 50:50% ownership each.
We are looking mentorship and funds to boost our business.
Recent Activity
-
Earlier than 15 daysPartner, Aurangabad, Financial Consultant connected with the Business
-
Earlier than 15 daysCo Founder, IT Services, Aurangabad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCTO, Website Development, Aurangabad, Individual Investor / Buyer connected with the Business
Tags:
Small Web & Mobile Development Company Investment Opportunity in Aurangabad, India
·Invest in Small Web & Mobile Development Company in Aurangabad, India
·Small Web & Mobile Development Company Investment Opportunity
·Invest in Small Web & Mobile Development Company
·Investment Opportunity in Aurangabad, India
·Invest in Aurangabad, India
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