Custom Application Development Businesses Seeking Loan

Company based in Vijayawada, specializing in custom application development with a focus on AI solutions and automation trends. - Operates with a skilled team of 10 employees delivering diverse IT services including web and mobile app development, and AI and ML solutions. - Extensive service offerings also include custom software development, cloud computing services, BPO sales and marketing, database design, IT support, and IoT integration. - Partnered with Health Sphere Solutions, to develop an IoT-enabled remote health monitoring system. - Tech verse Innovations collaboration showcases expertise in blockchain technology for enhanced supply chain transparency. - Expanded operations into North America, effectively doubling the client base in the past two years while completing over 200 projects globally last year. - A strategic plan is underway to introduce a new automation product for the BPO sector, projected development period of 18 months targeting both IT and healthcare departments and ensuring GST compliance. - Typically manages 1-2 projects at a time, ensuring quality and focused execution adhering to industry standards.

The company is a newly established IT development and BPO service provider based in Hyderabad, specializing in custom application development using cloud and AI technology. - The company has a diverse range of products and services, including software development, websites, and technology-based solutions for businesses. These solutions are designed to cater to the needs of small-scale to large-cap business sectors. - The company is currently focused on two main areas of operation: Software Development and BPO services, with a sales split of 60% from software development and 40% from BPO services. - With a current workforce of 8 employees, the company is in the process of recruiting additional members for its software development team. - The company is currently engaged in 3 software development projects, with plans to increase its project capacity to 4. Additionally, the company is in the process of working on an HTML-based project. - In terms of future prospects, the company has a strategic partnership with a Singaporean company to enhance its back-end capabilities, which is expected to lead to an increase in the number of projects undertaken. - The company has a diverse client base, including MNC and PSU clients, which reflects its potential for growth and expansion in IT. - The business holds the necessary documents to run the business and also has plans to apply for a UDYAM certificate and a GST certificate.