MeitY Startup Hub onboards MergerDomo to strengthen start-up ecosystem in India
Posted By - Financial Investor
A growing IT Company making strong presence and is into four domains-
1) 24x7 NOC Monitoring
2) Cloud Management
3) Managed Services
4) Robotics.
Over the years, the company has made strong capabilities to develop biped and quadruped robots. The Company associated itself to one of the companies of TATA group and also has marquee clients like PWC, Govt. of UP and Govt. of Uttarakhand. The founder is a serial entrepreneur having more than 20 years of experience in incubating and growing business with PAN India and International tie-ups.
 Deal Size
|
INR 28 - 32 Cr |
| Justification: High Growing Revenues with large EBITDA margins and cutting edge technology | |
| Motives For Sellout | Strategic Realignment |
Industry Information and Communications Technology-ICT |
Sub-Industry Cloud computing |
| Management is open to continue with the business for handholding the new investor/buyers | |
Industry: Information and Communications Technology-ICT
Sub-Industry: Cloud computing
Division
Division`s Buyers/Customers
Division`s Plant Location
Division`s Products/Services
Division`s Products/Services
Justification Client names include big names like TATA, Government of UP
| 2017 (in Cr) | 2018 (in Cr) | 2019 (in Cr) | 2020 (in Cr) | ||
|---|---|---|---|---|---|
| Sales | N.D | INR 2.31 Cr | INR 4.07 Cr | INR 20.1 Cr | |
| EBITDA | N.D | N.D | N.D | ||
| PAT | N.D | N.D | N.D | N.D | |
| TOTAL DEBT | N.D | N.D | N.D | N.D | |
Business Model
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