UI / UX Focused IT Product Development Services Co For Sale
About Business
This company is into building products for cybersecurity, AI & fintech startups. The company works predominantly with funded startups & enterprises in planning, designing, engineering & maintaining agile and custom software solutions for them. This company builds custom development & QA teams, DevOps & automation teams for its clients along with providing them with design & product development capabilities.
Clientele type
Delivered 85+solutions to 75+clients across the world. Expertise in Cyber Security, FinTech & AI projects – majority revenue from these 3 areas, to name a few clients: Quickheal, BCG, Bigrock, Max BUPA and dozens more
Asking Price Includes
Enterprise valuation expected to be around $8.5M ~ INR 70Cr
Reason
Profitable exit, transition period up to 3 years.
More Details
This company is led by a 135+ strong team of highly qualified engineers & designers who have a combined industry experience of 100+ years. The majority of revenues for the company is from the US i.e. ~85% and the rest comes from India & Europe. The company is tracking to close FY 2024 with a revenue of $ 4.5 mn (~90% avg revenue retention), a gross margin of 41%, and an EBITDA of 28%. It is also debt free, has low customer concentration, and is 100% promoter-owned.
Keywords
Business Tags
Business Exit for ₹10 Cr – 200 Cr
Structured Transition Completed in 120 Days
Credible Buyer Connections, Confidential Discussions, and Seamless Closure
Supported by Advisors with 26+ Years of Experience