Dormant IT and software services Raising Funds In Bangalore
Email
Phone
Google
LinkedIn
Facebook
Product / Service
They specialize in a variety of IT and software development services, including custom software solutions, mobile app development, SaaS, IT services and consulting, cybersecurity, cloud computing, web development, e-commerce solutions, and UX/UI design.
Clientele type
They are based in UAE and UK, operating within regions known for their strong IT infrastructure and market demand for technology solutions.
Premises
LEASED
Lease per month (in INR): 25.00 K
Security Deposit (in INR): 1.20 L
Carpet Area: 1,800 sq ft
Asking Price Includes
They are ready to offer Equity for raising the funds.
Asking Price
INR 6.50 Cr
Minimum ticket size
INR 5,000,000 (INR 50.00 L)
Reason
The promoters are planning to relaunch with a new strategy that integrates social media with their service offerings, and they are raising funds to support this initiative.
Other Details
They started in 2021 but paused operations in April 2023. Despite this, the company is planning to relaunch with a new strategy focused on integrating social media with their service offerings, aiming to connect more effectively with clients and expand their reach. The company initially had a team of 6 members dedicated to delivering high-quality technology solutions.
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?
