Web & Mobile Development Company Investment Opportunity in Mumbai, India
Established | 5-10 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | USD 50 thousand |
Run Rate Sales | USD 18 thousand |
EBITDA Margin | 15 % |
Industries | Application Software + 1 more |
Locations | Mumbai |
Local Time | 3:19 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
1. A Mumbai-based IT service company.
2. The director possesses over 17 years of experience in the IT sector.
3. Currently serving more than 40 clients in and around Mumbai.
4. Extending services to international clients in the UK, US, UAE and Canada.
5. Notable clients include A&W Capital, PersonalFN, Inches Health Care, DP World, Delex, Chemtrols Infotech, BLive Production, and others.
6. Specializing in command and control software with face detection and recognition, along with analytics and application development.
7. The sales of the business have decreased due to lack of funding in the business.
8. We need a high number of employees to complete the ongoing projects.
Specializing in software development, application development, and mobile app development, our portfolio includes projects such as:
- Insurance domain applications for underwriting claim processing.
- An online subscription portal for research recommendation services.
- Online MF recommendations and transactions, among others.
Additionally, we have engaged in a product development partnership with another IT company, collaborating on command and control software with face detection. Although the business is registered in Thane, its headquarters are situated in Mumbai.
The assets encompass cash held in the company account.
The team operates both on-site at the client's location and remotely from home, lacking a physical office space.
The business is solely owned by one individual, who holds 100% ownership. It is self-funded (bootstrapped) with no outstanding loans, and it is currently operating at a breakeven point.
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Earlier than 15 daysDirector, Information Technology, Pune, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Retail, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Real Estate Rental, Mumbai, Individual Investor / Buyer connected with the Business