Petrol Pump software Co Raising Funds/For Sale In Bangalore
About Business
The company deals with petrol pump management software. They are involved in selling software across India and will soon explore global markets.
Clientele type
They are catering to petrol pumps in India and soon going to expand their services to South East Asia and Africa.
Premises
LEASED
Lease per month (in INR): 30.00 K
Security Deposit (in INR): 2.50 L
Carpet Area: 650 sq ft
It is a 500 sq ft premise with 8 seats and a meeting room.
Asking Price Includes
Part ownership with 10% stake in the business or 100% ownership with the business valued at 5 Cr.
Asking Price
INR 5.00 Cr
Minimum ticket size
INR 50.00 L
Reason
The existing team is interested in creating software rather than concentrating on marketing.
More Details
The founders have good exposure in top companies in the IT domain. The company is registered as a One Person Company (OPC), but has 4 shareholders.
Two founder directors (full-time working ) and 2 silent partners.
Their company comprises a Team Leader, Software engineers, a designer, and a good marketing team.
Initially established as an IT networking and software company, they were forced to pivot to a call center due to the COVID-19 pandemic. However, within the following 7-8 months, they resumed working on the software company and created a petrol pump management software. The product already has a good name in the market with 250 clients(paid) and is ready to expand.
Keywords
Business Tags
₹10 to ₹200 Cr
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