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Custom Application Development Business Investment Opportunity in Bangalore, India

Providing outsource product development, mobile application development and resource augmentation for enterprise customers.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 400 thousand
Run Rate Sales USD 430 thousand
EBITDA Margin 10 - 20 %
Industries Custom Application Development + 1 more
Locations  Bangalore
Local Time 9:53 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 240 thousand for 30.0% stake (Native Currency: INR 20,000,000)
Reason: Looking to set up new sales office in US and tap into bigger market there. Further enhance our produ... View More
Includes physical assets worth USD 36 thousand
Interested to connect with advisors
Documents
Business Overview

- A mobile and custom application development company located in Bangalore and Chennai. We have been operating since the last 6 years.

- We are focussed on enterprise segment for software and work with customers like Essilor, Lifestyle. We have long term engagements with at least three of our customers.

- Our year on year revenue growth has been almost 100%. The current year target is a USD 1M and we are on track to achieve this.

Products & Services Overview

UI / UX, Mobile Application Development in Android, IOS and Hybrid Stacks, Sales force Application development, Software development in PHP /. Net / MEAN Stack, E-Detailing / CLM, Support - L1 / L2.

Facilities Overview

We have moved to a co-working space in Bangalore and looking to expand our development centre in Chennai. Our rented office space in Chennai can seat over 90 employees and now seats about 30 people include tech support.

Capitalization Overview
Not Disclosed
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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