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Web & Mobile Development Company for Sale in Bangalore, India

20+ year old established IT services provider in Bangalore with a diverse client base.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 580 thousand
Run Rate Sales USD 590 thousand
EBITDA Margin 18 %
Industries Web & Mobile Development
Locations  Bangalore
Local Time 7:06 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.05 million (Native Currency: INR 90,000,000)
Reason: The owners are moving out of the country.
Includes physical assets worth USD 11.7 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Global IT services provider based in Bangalore offers a range of services including application development & management, analytics & business intelligence, emerging technologies, unified commerce, product re-engineering, and digital transformation.
- The company's business model is centered around creating innovative digital journeys to bridge the gap among multiple systems and processes, with a focus on delivering a great customer experience through end-to-end digital solutions.
- With over 20+ years of industry experience, the company has completed an average of 15 projects per year, each with a duration of 2 to 3 months and an average value range of INR 25 to 30 lakhs.
- The company serves a diverse client base across various industries including industrial, automation, fintech, healthcare, and manufacturing, with 5 clients located pan-India.
- In addition to its core services, the company also provides consulting services on software development to the same clients, charging on a monthly basis.
- The business has MSME registration.
Products & Services Overview
Services:
- Application development & management.
- Analytics & business intelligence.
- Emerging technologies.
- Unified commerce.
- Product re-engineering.
- Digital transformation.
Top selling service is application development & management.
Clients are across various industries including industrial, automation, fintech, healthcare, and manufacturing.
Assets Overview
Physical assets include furniture, computers, laptops, servers, electrical equipment, fixtures etc.
Facilities Overview
Operating from a rented office in Jayanagar, Bangalore.
Rent is INR 50k per month.
Capitalization Overview
Business is self-funded.
No outstanding loans or liabilities.
There are 2 shareholders in the business.
Recent Activity
  • Earlier than 15 days
    Managing Director, Delhi, M&A Advisor connected with the Business
  • Earlier than 15 days
    Independent Advisor, Bangalore, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, IT, Bangalore, Individual Investor / Buyer connected with the Business
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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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