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Staffing Company Seeking Loan in Hyderabad, India

Start-up company in Hyderabad providing IT related services to clients seeks funds for expansion.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 30 - 40 thousand
Run Rate Sales USD 31 thousand
EBITDA Margin 25 %
Industries Staffing + 1 more
Locations  Hyderabad
Local Time 2:09 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 230 thousand for 12.0% annual interest, 5 years (Native Currency: INR 20,000,000)
Reason: As part of expanding the business, Marketing & Sales improvement.
Collateral Available: USD 115 thousand
Includes physical assets worth USD 11.5 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Hyderabad-based company offers staffing, training, website and mobile app development services.
- We generated the 10 lakhs revenue with minimal investment (s) in 10 months through IT services.
- Have 6-10 client (s) in staffing/recruitment, 5 clients for site development (s), 11 clients for interview process outsourcing.
- Currently partnered with 1 company for staffing and website development.
- We train staff as per the client's requirements.
- Have placed 5-10 staff and they are under our payroll.
- Have 5,000 customers for the vaccination app.
- Promoter has more than 15 years of IT experience in analysis, design, development, testing, implementation.
Products & Services Overview
We offer staffing, training, website and mobile app development services.
Assets Overview
Assets are computers, laptops, office supplies, furniture, websites, and Mobile apps.
Facilities Overview
Operating from a rented co-working office space in Hyderabad. We expand the team as needed due to huge workspace here.
Capitalization Overview
Two owners at the firm who hold 95-5 % stake. We do not have any loans on the business at the moment.
Recent Activity
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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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