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Web & Mobile Development Business Seeking Loan in Thrissur, India

IT company offering custom application development services seeking capital to launch e-commerce and media streaming.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 12 thousand
Run Rate Sales USD 14 thousand
EBITDA Margin 15 %
Industries Web & Mobile Development
Locations  Thrissur
Local Time 5:25 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 6 thousand for 12.0% annual interest, 7 years (Native Currency: INR 500,000)
Reason: For marketing and working capital expenses. We intend to print flyers and lease a server for the str... View More
Collateral Available: USD 6 thousand
Includes physical assets worth USD 6 thousand
Interested to connect with advisors
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Business Overview

- IT services firm offering custom web and mobile application development services.

- Have completed over 300 projects and 1,000+ mobile applications over the last 13 years.

- Have both domestic and international clients and have received significant recognition from them for our services.

- Most of our employees work from home and we operate from a rented 300 sq. ft. office.

- Currently developing a general e-commerce platform and a media streaming platform for low / mid budget films.

- Both products are currently being developed and are expected to be launched for public use in 2-3 months.

- Have already signed up 8 merchant vendors for the e-commerce website who sell consumer electronics and apparel.

- We intend to monetize by charging a percentage commission per sale.

- Have also secured streaming rights for 2 Malayalam movies and we are in the process of adding more low / mid budget movies in vernacular languages.

- We have also trademarked the name of our business.

Products & Services Overview

Custom web and mobile application development, general e-commerce platform, media streaming platform for low / mid-budget movies in vernacular languages.

Facilities Overview

300 sq. ft. of leased space.

Prime location in Thrissur.

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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