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Staffing Business Investment Opportunity in Pune, India

Software training and placement institute in Pune with online and offline classrooms.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 60 thousand
Run Rate Sales USD 60 thousand
EBITDA Margin 35 %
Industries Staffing + 1 more
Locations  Pune
Local Time 7:52 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 24 thousand for 30.0% stake (Native Currency: INR 2,000,000)
Reason: Due to corona crisis, we are seeking funds for handling the business and transforming it from offlin... View More
Includes physical assets worth USD 7 thousand
Documents
Business Overview

- Training and placement company established by NIT alumni that endeavor to provide best-in-class training to students and young professionals in the software and IT industry. The courses are taught by professionals who understand the industry needs.

- Despite graduating from a university, barely 5% of the engineering graduates in India can write functional and logical code primarily due to dated syllabus and an extremely theoretical approach to practical study. It's in this scenario, our organisation becomes valuable as a bridge for students and prepares them for the real world.

- The business, through its strong connections with over 400 software and IT companies, conducts regular placement drives and helps to place students in the right positions.

- Due to the ongoing pandemic, our placement division is on hold and we are primarily focusing on training. However, we are providing placements for freshers only. This symbiotic relationship benefits our clients (they receive trained employees) and provides our students with jobs.

- Even during the lockdown, our strong IT infrastructure enabled us to serve our students through online teaching classrooms and conduct online student drives.

- Some of our corporate clients for hiring trained students include Dassault Systemes, Neilsoft, Xento, Indus, 3DPLM, Carpro, Renishaw (with an average placement of INR 4-5 LPA per requirement).

- Our courses are specialized according to the need of the market with the current focus on technologies like Angular, Web Development, DevOps, Python, Django, Machine Learning, CATIA, CAD, Core Java & Adv Java, Testing, C / C++.

- Have trained more than 250 students last year and placed over 70% of them.

- We are currently involved in corporate training with 3+ clients having a budget size of INR 25,000 per day on average.

- With the online mode of learning becoming a norm, we can provide our services globally.

- Services which can be provided in the future are payroll and contract staffing. We can also start opening franchises within a few months of time.

Products & Services Overview

- IT and software training, corporate training, fresher placements, on-demand fresher training for companies.

- Plan to set up franchisee model for training.

Assets Overview

Furniture, laptops, computers, software subscriptions and office essentials.

Facilities Overview

We have one office of 900 sq ft and are looking to shift into a larger office space.

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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