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Web & Mobile Development Business Seeking Loan in Mumbai, India

Family-owned business with expertise in web and mobile development services seeks funds for expansion.
This transaction has concluded.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 70 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 10 %
Industries Web & Mobile Development
Locations  Mumbai
Local Time 7:25 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 12 thousand for 10.0% annual interest, 2 years (Native Currency: INR 1,000,000)
Reason: To purchase servers and other equipment to expand the business.
Collateral Available: USD 1.2 thousand
Includes physical assets worth USD 2.4 thousand
Business Overview

- 8-year old Mumbai based company with 10 experienced permanent employees.

- Our company motto is to develop the business of others and helps them bring new direction and success.

- Business offers services such as the development of software, mobile app, ERP software, search engine optimization, marketing.

- Have worked with more than 100 clients globally and we are working with 20+ active clients now.

- We have AMC or project contracts with almost all our clients.

- Our clients are mostly start-up companies, online businesses, IT companies, BPO, pharma and govt entities.

Products & Services Overview

- Development of software, mobile app, ERP solution, business program.

- Architecture and copywriting/copyediting with web usability, accessibility and search engine optimization.

- Business marketing, blog, online social network, educational software.

Assets Overview

Computer systems, server, software, website, bike, own staff, four-wheeler, internet connection, office phone.

Facilities Overview

Commercial rented office space of 1,500 sq ft on 5th floor.

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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