High-Potential API Solutions Biz Raising Funds In Chennai
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Product / Service
Products include SMS solutions, Business WhatsApp API services, CRM applications, digital marketing, and website designing.
Clientele type
Serves a range of sectors including salons and spas, education, government tenders, automobiles, retail, jewellery, health and care, real estate, and software and corporate industries.
Premises
OWNED
Premise Size: 7797 sq.ft
Market Value (in INR): 5.00 Cr
Asking Price Includes
The asking price includes a 20% equity stake.
Asking Price
INR 2.00 Cr
Minimum ticket size
INR 5,000,000 (INR 50.00 L)
Reason
The promoters are planning to upscale due to the high market potential of their WhatsApp API product, which remains largely untapped by many businesses.
Other Details
Started in 2013, the business boasts a team of 49 employees across Support, Sales, Accounts, HR, and WACTO (WhatsApp API product) departments, with a revenue of ₹6 crore.
Its strengths include proprietary technology, intellectual property, an established client base, strong market position, and team expertise, while future plans focus on rapid up scaling using current marketing trends, funnel marketing, and automation.
Business Tags
₹10 to ₹200 Cr
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