Software Distribution Company Raising Funds In Bangalore
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Product / Service
Providing exclusive design solutions for FEA using ANSYS products. Solutions like Simulation Software which is used in the R&D of product development.
Clientele type
Optimization solutions for clients into EV, Aerosapce, Space and Defence, High Tech, Automobile, Civil, Industrial Equipments, Marine, Bio-Medical, Energy, Oil & Gas, Composites, etc.
Premises
As of now, the company doesn't own a dedicated office space as the team is small and can be managed remotely.
Asking Price Includes
With the 10L Investment They will be sharing 3% of their revenue each year for the next three years. The investor should expect a return of INR 6 lakhs in the first year, INR 7 lakhs in the next year and INR 8 lakhs in the third year.
Reason
The promoter is looking to raise funds to fulfil the working capital needs of the business.
Other Details
With current plans in Bangalore and potential new market exploration, the business is well-positioned for territorial expansion. Few of the successfully completed projects include electric motor design and verification, Electromagnetic Interference and Compatibility, Autonomous sensor development, Antenna design and modeling software, Battery simulation, etc.
Business Tags
₹10 to ₹200 Cr
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