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Web & Mobile Development Business Investment Opportunity in Madurai, India

Tamil Nadu based company providing IT services in both web and mobile application development.

Established 5-10 year(s)
Employees 50 - 100
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 300 - 400 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 10 - 20 %
Industries Application Software + 1 more
Locations  Madurai
Local Time 7:27 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 1.3 million for 30.0% stake (Native Currency: INR 100,000,000)
Reason: We want to expand our business and provide more technological services.
Includes physical assets worth USD 130 thousand
Interested to connect with advisors
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Business Name
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Documents
GST Certificate
Business Overview

- We are a service-based company involved in providing IT services.

- We operate in a rented office with a built-up area of 3,000 sq. ft.

- We are catered towards B2B clients.

- The services that we provide to our clients are mainly web development and mobile application development.

- We get projects both from domestic as well as global clients.

- Till now we have worked on 100+ projects.

- Currently, we have 15 projects that we are working on.

- Our project duration is a minimum of 6 months.

- We also work as a white label agency for a few of our clients.

- Due to the pandemic there has been a drop-down in our projects but as the business is opening up globally there are a plethora of opportunities where we are expecting to get more projects from the global side.

Products & Services Overview

Services we provide are web development and mobile application development.

Assets Overview

The assets that we own are computers, laptops, tables, chairs and all other office stagings.

Facilities Overview

Our office is set up in a rented property with a built-up area of 3,000 sq. ft.

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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