Web Hosting Company Investment Opportunity in Chennai, India

- The business operates in the web and mobile development as well as web-hosting industry, with a focus on software development and providing software business services.
- The business is located in Chennai, a prominent technological hub in India, which offers access to a skilled workforce and a growing market for technology services.
- The business currently employs 5 individuals, indicating a small but potentially agile and cost-effective team structure.
- The business's key offerings include mobile app development, website development, and web hosting, which are reported to be the most sold services.
- The business generates revenue through various streams, including the sale of virtual gift credits and membership charges on a social media platform, advertising revenue, web hosting, and live-streaming party services.
- The business currently serves 10 clients and has the potential for further growth in clientele. In the last year, the business has started to take up more projects helping in the increase in sales.
- The business aims to increase its revenue from web hosting after implementing marketing strategies and plans to develop new applications to expand its project portfolio.
- The business holds a valid GST certificate for its operations, indicating adherence to regulatory requirements.