Software for Clients in India, Canada

USD 140 thousand for 20.0% stake (Native Currency: INR 12,000,000)

Online ordering solutions, table reservations, website development, digital marketing, and branding.

Option
Option
Legal Entity
Private Limited Company
Location
Thiruvananthapuram
Industry
Application Software
Established
5-10 year(s)
Employees
10 - 50
EBITDA Margin
Operating at loss
Reported Sales
USD 40 - 50 thousand
Run Rate Sales
USD 43 thousand
Business Overview

- Software company based in Canada and Kerala. - The business operations are run from both Toronto and Thiruvananthapuram. - Have developed an application software in-house that can be attached to the website of the merchants. - We provide online ordering and reservation solutions along with digital marketing and branding. - The software can be customized based on the client's requirement. - Have onboarded 123 clients over the last year and 70 active clients in Canada. - Started India Operations in the last weak and already have more than 100 clients signed up here. - Revenue generation is done by charging a percentage of commission on the order value. The percentage varies from region to region. - Promoter has 9+ years of experience in the industry. - The business is currently operating at a loss as it is still in the process of being set up. - The business is registered as a private limited entity in India and also has a registration in Canada. - The business is headquartered in Thiruvananthapuram for Indian operations and in Toronto for Canadian operations. - There is a small team of employees in Canada. - One of the directors of the business is in India.

Asset Overview

800 sqft rental office in Trivandrum, Agile offices in Toronto and New York.

Capitalization Overview

Not Disclosed

Facilities Overview

800 sq. ft. rental office in Trivandrum. Agile, non-traditional offices in Toronto and New York.

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