Software Company Seeking Loan in Bangalore, India
IT, ERP & IOT Development company serving MNC and PSU clients is seeking business loan.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 67 thousand |
| Run Rate Sales | USD 93 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Software Companies |
| Locations | Bengaluru |
| Local Time | 4:43 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
55 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 5,000,000)
Reason: Products marketing and capital for new contracts.
Collateral Available: USD 16.6 thousand
Includes physical assets worth
USD
39 thousand
Business Overview
- We have 10+ clients using our products including MNC and PSU's.
- We have a growth rate of 60%
- Promoter experience is more than 14+ years.
- We have a growth rate of 60%
- Promoter experience is more than 14+ years.
Products & Services Overview
HRMS, ERP & CRM.
Facilities Overview
Its a rented place build in 3500Sq feet on 3rd floor.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysSolution Architect, IT Services, Bengaluru, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, IT Services, New Delhi, Corporate Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
