IT Startup Raising Funds In Chennai
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Product / Service
The company believes that each customer is unique having their own sequence of operations and processes. To address these issues they provide customized software development solutions with high quality standards and use of latest software & innovative technology to improve the entire business. These standards allows them to provide their customers with reliable and error-free software applications, regardless of complexity.& innovative technology to improve the entire business.
Clientele type
Supply chains, manufacturing industry, and retail industry.
Premises
LEASED
Lease per month (in INR): 12.50 K
Security Deposit (in INR): 1.00 L
Carpet Area: 600 sq ft
Asking Price Includes
The terms of transaction will be discussed with potential investors.
Reason
Expansion of the business.
Other Details
The founder is a seasoned industry professional, bringing a wealth of expertise accumulated over an impressive career spanning more than 15 years. His extensive experience encompasses a diverse range of industrial sectors, where he has made significant contributions to various functions. Notably, he has played pivotal roles in IT product development, demonstrating proficiency in crafting innovative solutions. His strategic acumen has been evident in shaping and executing business strategies that span multiple sectors, including IT, healthcare, insurance, mutual funds, logistics, and more.
Within these sectors, the founder has demonstrated his versatility by actively participating in various aspects of business management. His multifaceted skills extend to encompassing marketing and sales functions, where he has consistently driven growth and forged successful client relationships. This broad spectrum of experience highlights not only the founder's adaptability but also his comprehensive understanding of diverse industries, making him a valuable asset with a holistic perspective in today's dynamic business landscape.
Business Tags
₹10 to ₹200 Cr
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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?
