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Software Company for Sale in Bangalore, India

High growth outsourced product development portfolio consisting of several prestigious clients and recurring maintenance revenue.
- We are looking to sell our large company portfolio after demerging it from our product driven business. - The portfolio consists of long term contracts with large companies for product development, maintenance and consulting. - We plan to set up a separate entity to transfer this portfolio to the investor to take over. - Portfolio consists of 12 large and prestigious companies with around 20 projects till date. - The portfolio has shown a growth of 68% CAGR during FY 2016-17 till FY 2018-19. - These long term engagements have an annual recurring support revenue stream for the past work done. - Total revenues from this portfolio have been INR 53 lakhs in FY 2016-17, INR 1.16 Crore in FY 2017-18, INR 1.53 Crore in FY 2018-19. - This portfolio is part of our outsourced product development services that we have been providing since 2011. - 15 employees who are also working on the portfolio will be transferred ensuring effective knowledge transfer. - Investors will be able to generate revenue on recurring annual support, development of new features and additional projects in the same companies. - Another advantage the investor accrues would be leveraging the portfolio to garner external business.
9.8   Bangalore
Run Rate Sales
USD 220 thousand
18 %
Full Sale
USD 600 thousand
Contact Business
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