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Web & Mobile Development Company Investment Opportunity in Pune, India

Business with strong focus on front-end engineering and UX seeks a strategic investor for scaling.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 280 thousand
EBITDA Margin 20 %
Industries Web & Mobile Development
Locations  Pune
Local Time 2:50 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 234 thousand for 20.0% stake (Native Currency: INR 20,000,000)
Reason: We are a dynamic company poised for rapid growth. With a proven ability to innovate and a strong mar... View More
Includes physical assets worth USD 470 thousand
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Business Overview
- IT services business specializing in web & mobile app.
- 5+ SME clients, experience of more than a decade and highest reported annual turnover of INR 3.5 crore.
- 50:50 split between domestic and foreign clients.
- Business's revenue has been hit really bad for the last 6 months as one of our regular clients had to remove as a vendor as they were acquired by another company and terms of their vendor contracts changed.
- However, we are confident that we can recover to an annual turnover of INR 3.5 crore with the right marketing.
- The business has a Certificate of Incorporation and a GST certificate.
Products & Services Overview
We offer:
- Front end engineering.
- UI/UX design.
- Mobile app development.
- CMS/e-commerce development.
- SaaS development.
- WordPress & Shopify development.
Our top selling service is front-end engineering for web and mobile apps. Our services are sought by SME clients from varied industries.
Assets Overview
Tangible assets owned by the company and in which the investor will get a stake as well is:
- Office space worth INR 3.5 crore.
- Laptops, computer and networking hardware and furniture worth INR 50 lakh.
Facilities Overview
Owned office space of around 1,800 sq ft in the northwest area and premium area of Pune, Maharashtra.
Capitalization Overview
Completely bootstrapped with no debts and has 2 stakeholders cum directors with 51 & 49% 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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