IT Service Business Investment Opportunities in Bangalore

- We are one of the few Indian companies that designs and builds data storage solutions in India. - India is a large market for data storage that is serviced mainly by imports. We focus on a 'Build-for-India' strategy to cater to the local market. - Company has been completely bootstrapped using a legacy revenue stream from trading a third party product and system integration of it. - Our legacy business was carried over to this company and it involved resale of a data elimination and disposal product. - Have over 50-60 customers for this product that we serve pan India. - We have now built our own basic data storage platform initial customer validation of private sector and government. - For this product we have 15-20 customers and are mainly focused on South India, particularly Bangalore. - Our revenue typically involves a purchase by the client for on-premise installation followed by ongoing service and maintenance fees. - Promoter has more than 20 years of experience in the data solutions industry. - Decline in revenue has been due to the lockdown of business but the recovery phase has already started.

- Company provides digital transformation solutions using emerging technologies. Our business processes are ISO certified. - With clientele spread in 23+ countries, the company has serviced more than 500 clients in its 17 years of operations. - We can offer our services to 3,000 SMEs as we have partnered with the Government of Qatar for digital transformation. - Region's top industry leaders have been our customers and we have delivered our services both onsite and offshore. Some of our clients are Qatar Insurance Co, Doha Bank, National Car Rental. - Our company has catered to enterprises & corporates with 60% focus on SMEs, 20% focus on start-ups and the remaining 20% focus on government entities. - The firm also has a registered entity in the US, UAE and Qatar. We haven't generated revenue through our US and UAE entity. The entity in Qatar used to contribute 30% to our total revenue. However, at present, 100% of our revenue is generated through our Indian entity. - In 2018, the company had grown to a 110 members team with a revenue of INR 10 crore. However, due to the cash crunch and downsizing of our operations, our revenue was reduced. - Company was awarded "Top 10 Development Companies in Dallas" by ContractIQ. In addition to this, the company has won numerous design awards as well. - The sales of the business will grow in the coming months and we are targeting achieving sales of around INR 6cr this financial year.

IT firm provides software development services and software products. Have 5-10 annual clients and an MNC client as well. Seeking funds to develop more software products and market them as well. Our target market is not limited to any specific industry, however, we would be majorly targeting merchant and corporate companies. The company is based in Bangalore.

- A product development company based in Bangalore, that has been operating for 7 years. - We develop Cloud-based software and mobile applications. - Our business has developed over 50 applications till date. All are from the US and Europe. - We have 8 projects in progress now. - The average revenue to date is INR 8 lakhs monthly. It will increase going forward.