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Web & Mobile Development Startup Investment Opportunity in Jaipur, India

Jaipur based enterprise software and web development company seeking capital to expand team.
This transaction has concluded.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales USD 6 thousand
EBITDA Margin Nil
Industries Enterprise Software + 1 more
Locations  Jaipur
Local Time 4:35 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 12 thousand for 20.0% stake (Native Currency: INR 1,000,000)
Reason: The funds will be used to hire 4 - 5 software engineers on a permanent basis.
Includes physical assets worth USD 2.4 thousand
Documents
Business Overview

- Have recently begun commercial operations and completed 1 web development project so far.

- At present we are working on our second web development project for a privately owned travel agency in India.

- Have 2 software engineers including one of the promoters on a permanent basis.

- Also, have 1 independent software consultant.

- In addition to offering web development services, we have begun developing our own enterprise software for travel booking and accounting for the travel agency sector.

- One of the promoters has over 10 years of experience as a software engineer in an MNC.

- The other promoter has nearly 15 years of experience in the travel sector.

- Intend to expand our team by hiring 4 - 5 engineers which would then allow us to complete the 2 enterprise software products in 6 months of time.

Products & Services Overview

Web development, enterprise software for travel booking and an accounting suite for the travel agency sector.

Facilities Overview

100 sq. ft. of leased office space. Monthly rent of INR 6,000.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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