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Enterprise Software Company Seeking Loan in Dhaka, Bangladesh

Innovators crafting digital solutions through code and creativity.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 80 - 90 thousand
Run Rate Sales USD 200 thousand
EBITDA Margin 10 - 20 %
Industries Enterprise Software
Locations  Dhaka
Local Time 12:26 PM Asia / Dhaka
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 270 thousand for 10.0% annual interest, 5 years (Native Currency: BDT 30,000,000)
Reason: To scale up our current business, we will specifically focus on expanding into Australia and Canada,... View More
Collateral Available: USD Not Available
Includes physical assets worth USD 27 thousand
Interested to connect with advisors
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Business Overview

Our software company stands out with its remarkable achievements and strong foundation. We've successfully served over 70+ clients across industries- locally and globally, demonstrating a consistent growth rate of 20% year-on-year. Our team, led by seasoned promoters with over 15 years of combined experience, brings a wealth of technical expertise and strategic insights to every project.

Our strong business relationships are a testament to our reputation in the industry, having formed strategic partnerships with key players that enhance our product offerings. We're proud recipients of the 'Innovation Excellence Award' for our groundbreaking software solution, which has revolutionized business management for SMEs and MSMEs.

Our efforts have earned us recognition from growing tech publications. With a client retention rate of 85%, we've built enduring partnerships that speak to the value and impact of our solutions. As we continue to evolve and innovate, we're poised to accelerate our growth and make even more impactful contributions to the software landscape. "

Products & Services Overview

ERP Solutions, Technical Resource Augmentation, Ui and UX Research and Design, and Custom Software development.

Banglalink (Telco), Mediastar and Daily Star (Largest News Paper) Garments ERP, Bengal Meat, UNDP in Bangladesh along with Singapore, Australia and Canada Based Client Services.

Assets Overview

Tangible Assets:

1. Computer Hardware: Amazon Cloud Servers in different regions, 35 workstations, 42 Mac books/desktops and Laptops, 11 monitors, and networking equipment like routers, switches, etc.

2. Office furniture: desks, chairs, conference tables, cabinets, etc.

3. Data Center Infrastructure: Racks, cooling systems, backup power supplies, etc.

4. Physical Storage Devices: Hard drives, solid-state drives, external storage devices, etc.

5. Printers and Scanners: Multifunction printers, and scanners for documentation purposes.

6. Office Space: The physical office location leased by the company in 2 different locations.

7. Testing Equipment: Devices and tools for quality assurance and testing.

8. Furniture and Fixtures: Decorative or functional items in the office space.

Intangible Assets:

1. Software Licenses: Licenses for third-party software used in development or operations.

2. Brand Value: Reputation, recognition, and goodwill associated with the company's name.

3. Software Codebase: The actual programming code developed by the company.

4. Software Products: Proprietary software applications developed by the company.

5. Customer Databases: Lists of clients, their contact information, and purchase history.

6. Employee Knowledge: The collective knowledge and expertise of the company's employees.

7. Contracts and Agreements: Client contracts, partnerships, and vendor agreements.

8. Website and Domain Names: Company website and associated domain names.

9. Customer Relationships: Established relationships and trust with clients.

10. Employee Training Materials: Training programs, guides, and materials.

11. Market Research Data: Data collected about the industry, competition, and target audience.

12. Non-Compete Agreements: Agreements preventing key employees from competing with the company.

Keep in mind that this is a generalized list, and the specific assets a software company owns can vary widely depending on the company's size, focus, and business model.

Facilities Overview

2 offices, located in Dhaka and Rajshahi.

Capitalization Overview

After establishing ourselves as a service-oriented company and utilizing our initial paid-up capital, we are operating smoothly. We generate consistent income from dedicated services provided to our clients in Singapore, local software Annual Maintenance Contracts (AMC), and augmented resourcing services. Additionally, we have secured a local bank loan (SME loan - BDT 2.5 million).

A total of 50,000 shares have been equitably distributed among our three founders.

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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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