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Staffing Startup Investment Opportunity in Bangalore, India

Contract staffing and software company seeks funds to grow and operate the business.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 30 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Staffing + 1 more
Locations  Bangalore
Local Time 3:59 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 60 thousand for 50.0% stake (Native Currency: INR 5,000,000)
Reason: The owners own multiple businesses and have bootstrapped all of them. Due to that, they have reached... View More
Includes physical assets worth USD 18 thousand
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Business Overview

- Software development and staffing company.

- We have developed three products and offer staffing services for software companies.

- Our revenue is completely dependent on the staffing services as the products are still in the beta stage.

- Business earns revenue through a markup of 25% on the salary of the employee.

- The owners have a wide reference network that they leverage to get customers for this company.

- The business does not have any revenue for the last 3 months as it was recently acquired by us and does not have a standalone financial statement for the last 3 months.

- It had recorded revenue of INR 25 lakh.

- Investor gets a 50% stake in this legal entity.

- Company has two shareholders with a 50% stake each.

- No bank loans in the name of this company.

- The owners have 20 years of experience in the IT industry.

Products & Services Overview

Our three products include a matrimonial website, an app for discovering temples, and a local bazaar app. All products are in the beta stage.

Services offered include software development and contract staffing for software companies.

Assets Overview

The business owns office furniture, computers, and laptops.

Facilities Overview

2,000 sq. feet of shared and leased office space with high-speed internet.

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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