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Web & Mobile Development Company for Sale in Gurgaon, India

Enterprise IoT and AI software development firm with its own products specializing in digital transformation.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 840 thousand
Run Rate Sales USD 840 thousand
EBITDA Margin 40 %
Industries Enterprise Software + 1 more
Locations  Gurgaon
Local Time 10:20 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.5 million (Native Currency: USD 2,500,000)
Reason: Management's focus till now was on engineering and product development. Now it believes that a buyou... View More
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Business Overview

- We are a product engineering firm specializing in designing and developing internet of things & artificial intelligence solutions.

- We have a team of 25 award-winning product thinkers, designers, software engineers & AI developers, with a passion to converge the phygital world through relentless product innovation.

- We have been working with ideas that inspire, engage, and excite, that challenge convention, and shape the trends since 2017.

- We are present in 07 countries (Qatar, Canada, UAE, Nigeria, India, Italy, Indonesia) and have strategic partnerships with 50+ device OEMs, 5+ telecom players & 20+ system integrators.

- Our solutions are built on top of IoT platforms such as Cumulocity, Azure, and AWS and can be deployed on-premise or in the cloud.

- Promoters have combined more than 30 years of experience across enterprise software development, B2B sales, and consulting.

- Total no. of clients is 10. Most of our long term clients are in the field of telecom and are spread across Qatar, Canada, UAE, Turkey, and Europe.

- Strategic partnership with Software AG, a leading IoT and business solutions provider.

- Pipeline to increase revenue to USD 1.5 million by next year.

- Have long term client contracts, stability in the team, processes and structures defined for automation.

- We develop products for other clients and have our own software products. Development for other clients generates more revenue.

- Completed 30 development projects till date.

- Company has no debts.

- Have 3 directors with equal shares.

* Our revenue channels are:

- Time and material based software development and maintenance.

- Retainer based deployment of engineering resources.

- Center of excellence set up and maintenance.

- IoT and AI consultation.

- Sales of SaaS-based products.

Products & Services Overview

Our solutions are:

- Computer vision-based CCTV analytics for retail, security, and hospitality.

- Fleet monitoring and management.

- Smart waste management.

- Asset tracking.

- Facial recognition based attendance management.

- Telemedicine software.

- Power generator monitoring and fuel analytics.

- Air quality monitoring.

Assets Overview

Client contracts, IP of products, engineering team, brand and copyrights, and customer relationships.

Facilities Overview

Software company working out of a leased office.

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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