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Web & Mobile Development Company for Sale in Kolkata, India

This IT company specialises in developing apps for the web, mobile devices, and video games.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 1 - 2 million
Run Rate Sales USD 1.3 million
EBITDA Margin 20 - 30 %
Industries Web & Mobile Development
Locations  Kolkata
Local Time 5:05 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 3 million (Native Currency: INR 250,000,000)
Reason: The owners want to focus on another business.
Includes physical assets worth USD 120 thousand
Interested to connect with advisors
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Business Overview

- We are a 9 years old multi-award winning, CMMI Level-3 IT company offering web, mobile and game development for clients based in India, Australia, USA and UK.

- Having 30+ regular clients in all these regions. YoY growth rate is at 25% since inception. CESC Limited, Kalyani University, Eveready, Kolkata Police Force are some of our notable clients.

- Company is ISO 90001 & 27001 certified, and has won prestigious awards from MSME India, FICCI, Intel, and CII.

- Promoters have more than 14 years of experience in software industry.

- Going to be CMMI Level 3 company within 3 months.

- Our business is extremely valuable due to our vast spectrum of ISO certified services, large client base, industry generated goodwill and enormous growth potential.

Products & Services Overview

Our services include mobile and web application development & digital marketing.

Assets Overview

Physical assets include:

- Laptops.

- Desktops.

- Furniture.

- Interior fittings.

- Storage hardware.

Facilities Overview

Rented space of 9,000 sq. ft. in Kolkata.

Capitalization Overview

Self-funded, have INR 2 crore unsecured OD limit and marginal business loan. There are 4 shareholders with one with 91% and the rest 3 with a 3% stake each.

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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