Need help?

Staffing Company Seeking Loan in Bangalore, India

Bangalore based staff augmentation business for IT product companies.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 20 - 30 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 20 - 30 %
Industries Staffing
Locations  Bangalore
Local Time 8:07 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 53 thousand for 12.0% annual interest, 5 years (Native Currency: INR 4,000,000)
Reason: To add contract resources.
Collateral Available: USD 70 thousand
Includes physical assets worth USD 8 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Business is a staffing and placement portal.

- Placed 150+ candidates for permanent roles of which 3 candidates for long term contract with average monthly salary of INR 4 lakh.

- Signed contract with Fortune 500 product company.

- Steady YoY revenue growth from INR 3 lakhs to INR 50 lakhs in 3 years.

- Office is owned by the company owner and is not part of the company.

- Promoter has 13+ years of overall experience.

- We also supply IT Hardware as an upsell offering to companies.

Products & Services Overview

Staff augmentation for IT Companies - specialized in big data and testing and supply of IT Hardware's.

Assets Overview

- Physical assets include furniture, laptops and computers.

- We own the registered brand name and long terms contracts with a few recruiting companies.

Facilities Overview

800 Sq. Ft. personally owned office space in Near Koramangala Bangalore.

Recent Activity
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.
Contact 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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more