Staffing Business Investment Opportunity in Mangalore, India
Business in Mangalore that helps set up remote tech teams for foreign companies seeking investment.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 36 thousand |
| Run Rate Sales | USD 60 thousand |
| EBITDA Margin | 30 % |
| Industries | Staffing |
| Locations | Mangalore |
| Local Time | 12:53 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
24 thousand
for
15.0%
stake
(Native Currency: INR 2,000,000)
Reason: Moving towards the new ERA of IOT and IT solutions, this is going to be a emerging market. And with ...
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Includes physical assets worth
USD
6 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Business does IT outsourcing on VEM model.
- It ties up with firms to get a employee placed in remote city and work for them on monthly contract basis.
- Already established tech teams for a UK and an Australian company.
- Some clients are Sainsbury's, VSG, Compass group, and B&Q.
-
Products & Services Overview
Staffing for IT companies.
Facilities Overview
1000 sq foot rented place.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysMD, IT & Staffing, Mumbai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysAssociate Manager, FMCG, United Arab Emirates, Individual Investor / Buyer connected with the Business
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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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