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Web & Mobile Development Business Investment Opportunity in Mumbai, India

Software service company specializing in web, Android & iOS development, also has 2 proprietary products.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 40 - 50 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 30 - 40 %
Industries Enterprise Software + 1 more
Locations  Mumbai
Local Time 5:11 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 120 thousand for 50.0% stake (Native Currency: INR 10,000,000)
Reason: Streamline the service part of the company and seed money for developing products of the company.
Includes physical assets worth USD 3.6 thousand
Interested to connect with advisors
Business Overview

- We provide IT consulting, software, app and web development to SME clients and digital transformation of the business.

- Have developed high-budget 5-6 customized software and applications.

- We have developed our own CRM software that is currently being used by 3 clients.

- We charge a one time fee to these clients to use the software.

- Have also developed a platform to connect builders and brokers. Builders and developers post construction units/buildings/flats for sale and brokers can further sell them and receive a commission.

- We receive a commission on the commission amount of the broker.

- Have a network of 3,000 brokers currently.

- Before the lockdown started we were working on a liquor delivery platform. 50% of the development has been completed but we have kept this on hold until further notice.

- 80% of our revenue is generated through software and application development, while the remaining 20% is generated through the CRM software and the real estate platform.

- Founder has been awarded the top 20 Most promising websites in India by Silicon India Magazine.

- Having strong team of 9 people and the promoters have 8+ years of experience in this industry.

Products & Services Overview

Web development, mobile app development, E-commerce, customized CRM product, digital marketing, platform connecting builders and brokers, platform for delivering liquor.

Assets Overview

17 computers, 2 Macbooks, 1 Iphone.

Intangible assets include - liquor selling platform & SaaS based CRM software.

Facilities Overview

We work out of a co-working space in Borivali, Mumbai in a prime commercial property with 14 seats.

Capitalization Overview
Not Disclosed
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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