Listing IDSL000280 Asking PriceRs. 10 Crore - 25 Crore Last Year TurnoverRs. 60,000,000 Verification Status Pending

Business Details

Perfect opportunity for investors and software development companies to enter into established exported oriented mobile applications software development services for US and telecom mobile applications business in India. Acquire a mobile software development and mobile VAS products company with a base in Bangalore. The company was established 15 years back. It currently works with some of the major telecom operators in India and provides bank-end software development services for US based partner company for past 12 years. Current Revenue break-up: 85% services of Back-End software Development services of mobile applications for a US Partner company 20% from licensed royalty income along with managed and content services of mobile application platform provided to telecom operators. Employees and Infrastructure: 23 employees based in Bangalore and Delhi. Total turnover in India INR 2.5 Cr. Asking Price for Bangalore unit: INR 2 - 3 Crores. Open for discussion with established companies and individual investor for JV and Partnership. Further information can be provided on signing of NDA.
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Total Views2004 Buyers Contacted53
Reason For SaleThe promoters interested bring in strategic investor or merger with another company for growth and expanding business
EBITDAAvailable on request Last Years Gross ProfitAvailable on request
IndustryInformation Technology Sub IndustrySoftware Development & Support
StateKarnataka CityBangalore
Company TypePrivate Limited Started in 2002
Employees26-50 Employees Listing created byOwner

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