Web & Mobile Development Company Seeking Loan in Noida, India
IT services company expecting 40+ projects by the end of this year seeks working capital.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 50 thousand |
| EBITDA Margin | Operating at loss |
| Industries | Web & Mobile Development |
| Locations | Noida |
| Local Time | 10:27 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Seeking Loan
USD
118 thousand
for
9.0%
annual interest,
10
years
(Native Currency: INR 10,000,000)
Reason: Require funds for employee salary and software licensing fees.
Collateral Available: USD 0
Includes physical assets worth
USD
6.5 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(73.9 KB)
Business Overview
- Company provides customized web development, digital marketing, and IT consulting services to clients from hospitals, hotels, and finance sectors.
- We currently have 6-7 projects right now, but by the end of the year, we expect to have around 30-40 projects in hand.
- Our average project time is 8 months to 1 year and our average project value is INR 7 lakh.
- We receive payment after the completion of each stage of the project.
- Have 40+ qualified staff with 7+ years of experience. Our staff includes developers, designers, and digital marketers.
- Our operations were impacted by the pandemic and we only started generating sales a few months. As a result, our operational expenses are high and we are currently operating at a loss. However, we have projects lined up and we are expecting an annual order rate of INR 1.5 Cr for the upcoming year.
- We currently have 6-7 projects right now, but by the end of the year, we expect to have around 30-40 projects in hand.
- Our average project time is 8 months to 1 year and our average project value is INR 7 lakh.
- We receive payment after the completion of each stage of the project.
- Have 40+ qualified staff with 7+ years of experience. Our staff includes developers, designers, and digital marketers.
- Our operations were impacted by the pandemic and we only started generating sales a few months. As a result, our operational expenses are high and we are currently operating at a loss. However, we have projects lined up and we are expecting an annual order rate of INR 1.5 Cr for the upcoming year.
Products & Services Overview
1. Customized and dynamic website development.2. Application development.
3. IT Consulting services.
4. Software testing.
5. Digital marketing.
Assets Overview
The company owns laptops and furniture and has experienced staff.
Facilities Overview
Rental facility with an area of 4,000 sq ft. The rent per month is INR 75,000. The office is based in Sector-16 Noida.
Capitalization Overview
The company is presently running on an investment of INR 30 lakhs made by a director and there are 2 directors on the board.We do not have any loans in our company.
Recent Activity
-
Earlier than 15 daysFinancial Consulting Head, Delhi, Accounting Firm connected with the Business
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
Tags:
Web & Mobile Development Company Investment Opportunity in Noida, India
·Invest in Web & Mobile Development Company in Noida, India
·Web & Mobile Development Company Investment Opportunity
·Invest in Web & Mobile Development Company
·Investment Opportunity in Noida, India
·Invest in Noida, India
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