IT Development Company Raising Funds In Hyderabad
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Product / Service
They develop software, websites, and complete tech based solutions for businesses using AI technology, according to their clients.
Clientele type
They serve all types of businesses, ranging from small-scale to large-scale, whoever is thriving and needs a digital touch to grow their business.
Premises
LEASED
Lease per month (in INR): 100,000
Security Deposit (in INR): 300,000
Carpet Area: 1,200 sq ft
They work in a co-working office space with a seating capacity of 25 people and all amenities such as internet, electricity, a pantry, and parking.
Asking Price Includes
They are open to debt as well as equity, and they can offer a maximum interest rate of 10% per year for debt-based investments, with the understanding that the investment would be closed within a year. For equity-based investments, the percentage provided would be determined during personal discussions.
Asking Price
INR 15.00 Lac
Minimum ticket size
INR 1,500,000 (INR 15.00 Lac)
Reason
They are raising funds to support working capital needs, facilitate current project executions, and drive business expansion initiatives.
Other Details
They have a team of professionals in various technologies, such as software development, penetration testers, web designers and developers, and finance management. Also, they have a plan to tie up with a renowned MNC based in Singapore. The key strength of the business is the growth, need, and use of artificial intelligence in the near future.
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₹10 to ₹200 Cr
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