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Web & Mobile Development Company Investment Opportunity in Kannur, India

Seeking Investment: Software company providing IT solutions for the diverse requirements of its clients.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 80 - 90 thousand
Run Rate Sales USD 64 thousand
EBITDA Margin 10 %
Industries Enterprise Software + 1 more
Locations  Kannur
Local Time 9:24 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 33 thousand for 20.0% stake (Native Currency: INR 2,500,000)
Reason: The investment is required for business expansion and introducing technical support in different lan... View More
Includes physical assets worth USD 27 thousand
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Business Overview

- We offer tailor made IT solutions for all the needs of our clients.

- Our proprietary software for GST is currently being used by 3,000 + active clients. We charge a one time installation fee for the software and an annual fee for technical support.

- The business has additional 1,000 + clients in the web development and CRM software division of services.

- Our proprietary business accounting and management software which has over 500+ active users offers complete support for business and manufacturing activities regardless of the size of the business.

- We offer a variety of ERP software for retail, distribution & manufacturing.

- We currently have an active user base of 4,000+ users with a monthly increase of 30 users.

- Our sales were plummeted due to the effect of the pandemic on the market. However, we are on track to regain our pre-pandemic performance.

Products & Services Overview

Our services include:

- Proprietary GST billing software.

- Web designing & development.

- Application development.

- Online marketing.

- CRM and ERP softwares.

Assets Overview

Physical assets include:

- Air conditioners.

- Furniture.

- 30 computers.

- 10 laptops.

Facilities Overview

Our business operates through a rented facility spread across 1,600 sq. ft.

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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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