Est E-Commerce Co with Rs 75 Cr Run Rate For Exit/Growth
About Business
Online Payment Solutions, Payment Aggregation Services to large corporate or Govt entities like BSNL. Product offerings also includes Cloud based ERP solutions related to payments.
Clientele type
BSNL, UTL, MTNL, KEONICS and nearly 1400 FTTH vendors.
Premises
3200 Sq Feet Fully Furnished office at Bangalore on lease. 15 Lacs Security Deposit. 10 Lacs Security Deposit with BSNL.
Asking Price Includes
50% stake for INR 5 Cr Fundraise OR
Complete Exit includes Established Business with Security deposits to Land owner and Security deposit to BSNL
Asking Price
INR 10.00 Cr
Minimum ticket size
INR 1.00 Cr
Reason
Looking for Exit or expansion with larger growth with more market acquisition.
More Details
Founded by serial entrepreneur, who is a pioneer in IT industry with over 20 years of experience and an Ex-IBM'er, holds Masters in Computers and a Ph.D. from France.
Currently having nearly 20 employees with an office in the heart of Electronic City, Bangalore.
Company is ISO 9001:2015 & 27001 certified global service provider for payment solutions with reliable and quality value-added services.
They Provide Real-time digital payment gateway like Paytm, Razorpay.
Major Clients include BSNL, MTNL, United Telecom Limited, B4S, etc.
They have 2 lakh subscribers and 1400+ vendors registered.
They generally get 2 to 3% commission on each transaction.
Awards & Certificates:
* Silicon India Award for the top 25 Consulting service company
* Award of excellence in implementing the CRM in BSNL
* Mother Teresa Excellence Award for Socio-Economic Progress
The Revenue for FY 19-20 is INR 1.2 Cr (Commission).
and Transaction Revenue is INR 75 Cr. They are generating profit of INR 70 Lakhs per annum.
The Projected Commission Revenue for FY 20-21 is INR 90 Cr to 100 Cr with Transaction Revenue of INR 450 Cr.
The Owner is looking for Fundraise of INR 5 Cr for 50% stake OR
Complete Exit at INR 10 Cr
Keywords
Business Tags
₹10 to ₹200 Cr
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