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Opportunity to Invest in an Expeditiously Growing It-Ites Company

Listing ID: BB005194
Posted By: Third party
Last Active: 1+ year ago
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About Business

We established a Cloud Solutions and Services Company in the year 2013. Currently, we have four offices in India located in New Delhi, Bengaluru, Kolkata, and headquarters in Hyderabad.

Within a span of five years, we have an experience of delivering more than 300 projects to 150+ customers located across India, GCC, South-East Asia and Australia. Our team comprises of 125+ highly qualified professionals.

We have sustained a growth rate of 400% in the period of F.Y. 16-17 and F.Y. 17-18. While achieving the designation of Advanced Consulting Partner by Amazon Web Services.

The expansion plan we have set in motion is that within a year we will establish one more office in India. We are in process of establishing a Sales office in Australia by this year-end. Also, from 2019-20 onwards we plan on establishing a presence in two South-East Asian countries. With our capabilities, we have already started working on projects in Public Sector Companies, Government bodies, and department.

The company want to raise INR 6 Cr. capital by diluting 20% equity.

Clientele type

Approx. 100. Some of the clients include PWC, Tata Trust, Kaveri Seeds, Himadri, etc.

Premises

NA

Asking Price Includes

NA

Reason

We require funds for Working capital and expanding in other countries. We are primarily looking for a strategic investor.

More Details

The Company is well-established pan-India for providing Cloud oriented services and solutions, it is also targeting to improve its in-house capabilities in terms of resources to provide better quality service to more number of clients. The management has planned to set up an office in Australia and continue to expand in two new countries per year than onwards.

Keywords

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Business Tags

AWS it IT Services Business IT Staffing Recruitment Company ITES Mobile & Cloud Application Development Services

₹10 to ₹200 Cr

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  • What decisions are to be taken to improve the profitability of the business?
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  • Any long-term strategic benefit or synergy with your existing business?
    • Will the clients continue with the business after the acquisition?

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