Leader of Payroll Software Company Looking for Funds to Expand Pan India
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A 20-year-old Software company with Revolutionary Concept in HR, Payroll and Compliance Management is looking to raise fund to expand their network from Gujarat to Pan India. They are into payroll software development since 1998 having a 1400 plus installation til date. Their payroll software Brand is one of the best selling in Gujarat. 90% of labor contractor, a compliance consultant, and agents are using their system since last decade. They have hundreds of reputed companies as their clients and holds a very healthy market share in Gujarat. Their main objective is to the centralization of HRMS which can bring all activities in single line with fewer efforts. Also, they want to tap the SMEs as they have strong belief that the technology should reach to the small and micro level enterprises too. For the concept to move on Cloud with existing customers, they are looking to raise approx INR 1.5 Cr with a decent equity stake.
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Expand the Product to Pan India
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₹10 to ₹200 Cr
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