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.
Business Divisions
Micro Services and DevopsProducts & Services
Full-Stack solution development based on Microservices architecture, Micro Frontend Implementation, Devops platforms implementation, Design Thinking, Architecting & developing Mobile, Cloud, Analytics, IOT custom solutionsProposal
Industry
Information and Communications Technology-ICT
Sub Industry
IT Consulting
Reason for sell-off
The promoters and Investors had planned the exit at this level
Top Customer
Deal Size
INR 30 - 35 Cr
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.
Business Operation Information
Financial Information |
2020 (in INR Cr) | 2019 (in INR Cr) | 2018 (in INR Cr) | 2017 (in INR Cr) |
|---|---|---|---|---|
Sales |
10.33 | 8.13 | 3.98 | N.D |
EBITDA |
N.D | |||
PAT |
N.D |
