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Web & Mobile Development Business Investment Opportunity in Horana, Sri Lanka

Sri-Lankan software-company specializing in web and app development seeking partnerships for launching an AI app.
This transaction has concluded.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 550 thousand
Run Rate Sales USD 600 thousand
EBITDA Margin 20 %
Industries Web & Mobile Development
Locations  Horana
Local Time 3:12 PM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 50 thousand for 40.0% stake (Native Currency: USD 50,000)
Reason: The owner is seeking a partner who can help with the development of the upcoming AI product. The in... View More
Business Overview
- IT service provider based in Sri Lanka.
- Handles 10-15 projects monthly.
- Engages in global projects.
- We deal in high ticket sized projects.
- Aims to launch a new product for use in research and development by universities and government research bodies.
- The product will be AI-based, designed to assist in solving real-world problems.
- Development of the product is expected to take 6-12 months.
- The company possesses a valid registration certificate.
Products & Services Overview
We are experts in crafting intuitive UI/UX designs, developing dynamic websites, creating innovative apps, and building AI/ML-powered solutions.
Assets Overview
The business does not have any physical assets at the moment.
Facilities Overview
We currently operate remotely.
The business does not have a dedicated office set-up yet.
Capitalization Overview
The business is self-funded by the sole owner of the business.
There are no debts on the business.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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