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Enterprise Software Company Seeking Loan in Guntur, India

Early-stage startup involved in software development and CRM services seeks a loan.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Enterprise Software + 1 more
Locations  Guntur
Local Time 9:37 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 59 thousand for 12.0% annual interest, 2 years (Native Currency: INR 5,000,000)
Reason: We are seeking a loan for infrastructure development, to get the project started and purchase more s... View More
Collateral Available: USD 0
Documents
Business Overview
- Software development startup providing software, mobile app development, and CRM services.
- We have developed billing software and CRM software.
- We have our own development team.
- We have a 25 people team working from home with expertise in programming, software development, and CRM service management.
- We currently work on a project basis and the revenue will be based on each contract.
- We have landed our first project with Airtel.
- Promoter has over 5 years of experience in finance and marketing.
Products & Services Overview
Billing software, CRM services, software development, and mobile application development.
Assets Overview
There are no physical assets owned by the business.
Intangible assets include - Brand, website, CRM software, billing software.
Facilities Overview
We have leased a 3,000 Sq Ft space for 10 years and can be renewed further.
Capitalization Overview
Not Disclosed
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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