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Small Web & Mobile Development Company Seeking Loan in Nuwara Eliya, Sri Lanka

Sri Lanka-based software company providing custom development and other IT services, seeks funding for expansion.

Established 1-5 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales USD 3.6 thousand
Run Rate Sales USD 3.6 thousand
EBITDA Margin Nil
Industries Web & Mobile Development
Locations  Nuwara Eliya
Local Time 1:37 AM Asia / Colombo
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 13.5 thousand for 12.0% annual interest, 7 years (Native Currency: LKR 4,500,000)
Reason: To expand operations across Sri Lanka's Central Province, accelerate product development and marketi... View More
Collateral Available: USD 9 thousand
Includes physical assets worth USD 9 thousand
Interested to connect with advisors
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Business Overview
- Located in Nuwara Eliya, Sri Lanka, our company is a software development startup specializing in custom software solutions, IT services, network infrastructure, and cybersecurity services for both local and international clients.
- The business serves a mix of foreign and domestic customers. International projects have included the development and support of e-commerce platforms, while local projects include software solutions, network configuration, and security services for hotels and businesses across various sectors.
- We currently maintain approximately three regular clients under ongoing support arrangements, while also undertaking numerous project-based assignments for local businesses.
- Our revenue model consists of both project-based billing and contract-based with monthly billing cycles, providing a combination of one-time project income and recurring revenue streams.
- The company has developed several tailor-made technology products with strong commercial potential and is seeking funding to support product marketing, brand development, and wider market adoption.
- We see significant growth opportunities in Sri Lanka's Central Province, particularly within the hospitality and tourism sectors, where many businesses have limited access to advanced technology solutions and digital transformation services.
- We are planning to expand our presence in Nuwara Eliya and surrounding regions with the goal of introducing innovative technology solutions that can modernize local businesses and improve operational efficiency.
- The business is registered as a Private Limited Company and is currently operated by the founder, who serves as the company's sole permanent employee.
Products & Services Overview
- The business provides custom software development, web design, e-commerce websites development, CMS (Content Management System) solutions, digital signage systems, network infrastructure setup, and cybersecurity services for local and international businesses.
- Clients include hotels, tourism operators, SMEs, e-commerce businesses, and other commercial organizations.
Assets Overview
Physical assets: Vehicle, computers, laptops, networking equipment, servers, testing devices, office equipment, and other technology assets used in software development and IT service delivery.

Intangible assets: Proprietary software products, custom-developed applications, intellectual property, customer relationships, and ongoing service contracts.
Facilities Overview
We do not have a dedicated physical office space, as all operations are currently managed remotely.
Capitalization Overview
Self-funded.
No outstanding loans.
There is 1 owner in the business.
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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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