FinTech Business Opportunities in India

- We are a startup and have created software for end-to-end spend management for corporates. - We help our clients with managing invoices, payment gateways for bookings of flights, hotels, etc, account-to-account transfer, and bill payment services. - Our business has two revenue models. First is the subscription-based for user licenses and second a percentage of commission that we charge for all the transactions that take place through our platform. - This is charged from the vendors. - 60% of the revenue is earned from the subscriptions and the rest is transaction revenue. - The business experienced an increase in the growth rate as we increased our marketing and onboarded some big companies. - Currently, we have 50 customers and 25 paid customers. - We have 16 employees working in tech, 15 in sales, 10 in the onboarding team, and 14 in operations. - The founders are from reputed colleges like IITs and IIMs. - The company is registered in Indore but the office is located in Pune.

- Business having developed a taxation software, based in Bangalore. - The software is used by tax professionals and companies. It helps tax professionals to keep track of their clients financial records and the software directly computes tax amounts based on the information provided. - We charge a one time fee to a new client and an annual maintenance charge. - Have over 1,500 users of this software, out of which 350 are regular users. - We are looking to set up 5 new offices in Bangalore. - Physical assets include office setup. Office space is not owned by the business.