IT Services Businesses for Sale and Investment Opportunities in Bangalore

- Business specialized in providing IT services, based in Bangalore. - Services include generative AI, cyber security, app development, web development, DevOps and software development. - Currently, we have 5 clients from across India, belonging to education, rental management and small IT companies. - We get 10 to 15 projects in a year. - Average duration of each project is 3 to 6 months. Average value of each project is INR 1 lakh. - Currently, we are focusing on expanding our generative AI and cyber security services. - Partnered with top IT companies, such as intel, Microsoft, aws and shopify. - The business has 10 permanent employees, out of which, 5 are directors and the others are developers.

• An IT solutions and management system company located in Bangalore, India. • The company has 24 employees and serves clients globally with 40 clients. • Notable clients include the Abu Dhabi Municipality and Aditya Birla. • Offers a variety of services and products related to management systems and IT solutions, consultancy services in line with ISO standards. • The company is a service provider to the company based in Abu Dhabi. • Is registered in Bangalore and serves clients globally. • The company is experienced in providing IT solutions and management systems for large clients. • The company was started in Abu Dhabi as a sole proprietorship and remodeled in India as a private limited company.

- Digital services company based in Bangalore. - Services include software test automation, software quality assurance, worksoft certify partner, outsourcing, IT support for software projects and IT training. - IT training is our top selling service. Our training includes - Worksoft Certify, Selenium, Postman, functional testing, domain testing, SAP testing and ETL testing. - We get clients through our official website. - About 50 students enroll for our courses every month. - Average fee for each course is INR 25k and the duration is 1.5 months. . - For other services, we get 5 to 6 projects every month. - We have 5 long-term clients from software companies based in Bangalore and 1 client from Hong Kong. - Average project duration is 1 year. The value of these projects ranges between INR 50 lakhs to 2 Cr. - Prior to Covid, we had more clients and projects and our annual turnover was INR 1 Cr.

Established in 2016 with a focus on AI and IOT. First contract from the US for Embedded products and Japan for AI - traffic analytics. NASSCOM product conclave award. In 2020 recognised by StartUp India, MeiTY and NASSCOM COE for IOT & AI. In 2021-2023, Angel round raised, team size 15+, new business win in the automotive domain, Pune office started. Revenue model: Currently the revenue is through 2 streams: 1. Non-Recurring Engineering (NRE) contracts with some of the customers and 2. Product sale. The majority of revenue is through NRE right now which is fees paid by customers for building the product and these fees are received either on a lump-sum or periodical basis.

- Last year we worked with a few clients and the trend has continued as for the last 3-4 months we have not done much business. - Also, this financial year we are not able to fully operate due to a liquidity crunch as well. - The buyer gets a clean and fully compliant private limited company. - Operational expertise in commercial AV system integrator for classrooms, conference halls, auditoriums, and meeting rooms. - No more full-time employees, but we hire some on a part-time basis if we get a client.

- IT staffing company started operations in late 2018. - INR 1 Crore Revenue YoY. - Built apps, IT products and did projects for customers. - Core business is IT contract staffing with active contracts Wipro (direct), IBM (sub), and Infosys (sub) to name a few. - Promoter has a strong background with over 20 years of management experience in IT services and staffing. - Promoter has experience building, generating & managing revenues of over INR 125 crores each year as BU Head at an MNC heading operations across India and EMEA. - Was also previously employed as a CEO of a mid-size It Services firm where he grew revenues by 95% in one year. - Have now acquired a newly established IT company in the USA and renamed (goal is to do H1Bs) - Intend to incorporate and grow in UAE and expand operations into these 2 countries by hiring a sales team. - Company had investors for INR 3 crore pre-Covid, but they pulled out due to global business fears amid the Covid pandemic. - Revenues are flat INR 1 Crore and contract staffing needs fund infusion for growth. - Last year, we got a INR 100 Cr income tax exemption (attached). INR 100 Crores tax exemption can be used within 5 years from now. - Investor onboarded with 49% stake dilution to invest in growing India and USA. - But the investor downsized and roadblocked hiring recruiters and team for growth. - Lost most active billing resources, and revenues down to all time low 1-2 resources on billing. - Active contracts with Wipro (direct) IBM, Infosys and huge potential to grow contract staffing business. - Company feels this is the right time for the entry of an investor as we are now seeing a huge surge in opportunities. - Will buyback the shares from the existing investors.

Highlights of our business: Growth and team size: We started with just 2 employees and have successfully grown to a team of 50+ highly skilled professionals. This substantial growth reflects our commitment to excellence and client satisfaction. Client portfolio: We have established strong relationships with more than 30+ clients. What sets us apart is that all our clients approached us for signing the agreement, indicating the trust and reputation we have built in the market. Organic growth: It is worth noting that we have achieved this client base without the support of a dedicated business development team. Our growth has been primarily driven by the quality of our services, referrals, and positive word-of-mouth recommendations from satisfied clients. Promoter experience: Our promoters bring extensive industry experience and expertise to the table. Their deep understanding of the market and strong network have been instrumental in establishing successful business relationships. Business relationships: We have fostered strategic partnerships and alliances with leading companies in the industry. Collaborating with organizations such as Robert Bosch, Virtusa, Tech Mahindra, Sutherland, Herman Miller, Valuesoft, and others has strengthened our position and facilitated mutual growth. Awards and recognition: Our commitment to excellence has been acknowledged through multiple awards and recognition. We have received prestigious accolades both from corporate bodies and governmental entities, highlighting our contributions to the industry and our clients. These highlights reflect our journey of growth, client-centric approach, industry recognition, and the strong relationships we have cultivated. We remain committed to delivering exceptional services and further expanding our reach in the market while upholding our values of quality, innovation, and client satisfaction.

- Business involved in custom website and application development. - We have served 40+ clients to date. - There are 15-20 active clients in the project right now. - Our payment is received phase-wise based on the completion of the project. - Our project lasts for 1 to 2 months or even sometimes up to 6 months. - Majority of our clients are startups. - The 3 employees in the business include a person in charge of office work and the other 2 are website developers. We require these employees to efficiently manage the business. - The promoters have a collective industry experience of 17+ years.

- We do have currently 7 clients in our business. - Growth rate in terms of revenue is 40% year on year. - Currently, we have some project pipelines on Cloud and DevOps (AWS) areas and need to achieve AWS partnership also. - Planning to execute AWS partner program and team ramp-up for AWS and new opportunities. - We are working with clients like UST global, ITC Infotech, QUINNOX, PROWESS Soft, LTI etc.

- Two clients with good potential for growth. One client is a global company and is a Fortune 200 company and is the second largest in the world in the enterprise category. - Work with clients on a long term basis (3 years) and the duration is based on the requirement of the client. - The fee of the client is also dependent on the project. - The promoter has over 25+ years of experience in IT development.

The company is mainly into IPTV services and server maintenance. 24/7 support build many IPTV applications and made successful applications. Main clients in Europe. The business has a running project.

- Company primarily into sales and service provider of new and refurbished laptops/desktops. - Have 50 clients for AMCs. - We generate 20% of sales by selling new or refurbished laptops/desktops, 20% of sales by installing and maintaining CCTV, and 25% of sales from equipment rental and remaining through the service of laptops/desktops. - We have a showroom through which our products are sold. - 10-15 vendors supply the product to us.

- Our company is engaged in offering permanent/contractual technical/non-technical staffing and software development services. - Last year we served 8+ clients for our services. - Currently, we have 2+ repetitive existing clients and 5+ existing client lists for follow-up & occasional business. - 50% of the revenue is generated from staffing services and 50% from development services. - The company does not have any loan and is run by a sole owner. - Our sales have fallen during the last few months due to lesser customers.

- The company is registered in Faridabad but is headquartered in Bangalore. - We are an ISP and provide IT infrastructure services to our clients. - 60% of our revenue is from internet services and 40% from IT services. - Our company has 100+ enterprise clients and 700+ ILL connections. - Company has promoters with 100+ years of collective industry experience. - We provide telecom infra to leading telecom companies like Airtel and TCL. - Business has 200+ locations under recurring managed service contracts. - We have a live annual recurring contract worth INR 15 crore for ILL, enterprise broadband, and managed services. - Currently, we have an order in hand worth INR 5 crore. - The business has 300+ Km fiber leased to Airtel for FTTH and 1,000+ Km order in hand. - We have 15+ RF towers to connect enterprise customers. - The company received new contracts from Byjus and Airtel in the current year. This is the reason for the high growth rate. - For IT infrastructure, the business has 100+ clients. - We were awarded among the top 5 ISPs in India by Insight Success Magazine. - Business has 4 directors. Two of the directors have an equal stake in the company. - Business has a loan of INR 50 lakh for the working capital requirement.