A Information and Communications Technology-ICT (IT Consulting) entity from India is looking to sellout.
BUSINESS BRIEF
The company was started way back in 2009 as design led engineering firm with strong Outsourced Product Development capabilities. They have been growing year on year with a positive bottom line on financials and are currently 60 plus people strong team, having built their expertise in DEVOPS and MICRO SERVICES. They have worked on more than 500 projects in the last 10 years, with clients like Tech Mahindra, STL , Bilcare, Book My Show, Affinity and Translations.com to name a few from the 200 odd list. The venture has raised 2 rounds of funding in their journey so far and are open to M&A proposition, with full or partial exit options.
Proposal
 Deal Size
|
INR 300 to 350 Mn |
| Justification: They have 2 product platforms with some marquee clients and long term projects. The venture has raised 2 rounds of funding from institutional investors and have the valuations validated. | |
| Motives For Sellout | Strategic Realignment |
Industry Information and Communications Technology-ICT |
Sub-Industry IT Consulting |
| Management is open to continue with the business for handholding the new investor/buyers | |
Business Operating Information
Industry
Information and Communications Technology-ICT
Sub-Industry
IT Consulting
Division
Division`s Market Share
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Division`s Growth rate in 3 years
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Division`s Key Partnership`s
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Division`s Buyers/Customers
Division`s Plant Location
Division`s Products/Services
Market Share %
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Growth rate in 3 years
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Key Partnerships
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Division`s Products/Services
Market Share %
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Growth rate in 3 years
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Key Partnerships
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Division`s Products/Services
Market Share %
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Growth rate in 3 years
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Key Partnerships
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Division`s Products/Services
Market Share %
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Growth rate in 3 years
Not Disclosed
Key Partnerships
Not Disclosed
Division`s Products/Services
Market Share %
Not Disclosed
Growth rate in 3 years
Not Disclosed
Key Partnerships
Not Disclosed
Business Strength
Sales strength
Justification Strong Marquee Clients- Tech Mahindra, Book My show, Affinity etc.
Financial strength
Justification Consistent growing Revenues and Profitable
Financial Information
| 2017 (in INR) | 2018 (in INR) | 2019 (in INR) | 2020 (in INR) | ||
|---|---|---|---|---|---|
| Sales | N.D | 39.8 Mn | 81.3 Mn | 103.3 Mn | |
| EBDITA | N.D | ||||
| PAT | N.D | ||||
| TANGIBLE NET WORTH | N.D | N.D | N.D | N.D | |
| LONG TERM DEBT | N.D | N.D | N.D | N.D | |
| TOTAL DEBT | N.D | N.D | N.D | N.D | |
Business Document
Other
Information memo
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