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
Motives For Sellout
Strategic Realignment
Justification
High Growing Revenues with large EBITDA margins and cutting edge technology
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 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 | |
If you are interested to connect with this party, please send an Expression of Interest and receive Information Memo to take this opportunity further
Business Model
