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 | INR 19.2 crore |
| Run Rate Sales | INR 20.5 crore |
| EBITDA Margin | 30 % |
| Industries | Software Companies |
| Locations | Lucknow |
| Local Time | 5:48 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
INR
17 crore
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...
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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.
- 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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Earlier than 15 daysDirector, Mumbai, M&A Advisor connected with the Business
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Earlier than 15 daysExecutive Director, Mumbai, Financial Consultant connected with the Business
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Earlier than 15 daysDirector, Civil Contractors, Mumbai, Corporate Investor / Buyer connected with the Business
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