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Software Company Investment Opportunity in Lucknow, India

Developer of face recognition technology used in identifying people in sensitive areas or by governments.
This transaction has concluded.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 2.2 million
Run Rate Sales USD 2.4 million
EBITDA Margin 30 %
Industries Software Companies
Locations  Lucknow
Local Time 10:27 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 2 million for 50.0% stake (Native Currency: USD 2,000,000)
Reason: Looking for a financial partner to help with business in Qatar and to invest in manpower and cameras... View More
Interested to connect with advisors
Business Overview

- We are developers of face recognition software and technology.

- This software can be used to identify people in mass crowd and would be useful to government and for use in sensitive areas.

- We have two different models, one for use by the government and another for use by commercial clients in sensitive areas.

- Working with thousands of schools to implement this software, majority of which are in India.

- Approached by large companies in Saudi Arabia and Qatar to integrate this system into their processes.

Products & Services Overview

Development and application of face recognition software.

Facilities Overview

2 storey building of 1,000 Sq. Ft. on each floor in Lucknow.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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