Information Technology (It) Company Based in Nainital Is Looking to Raise Funds for Expansion
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The business was started in 2012 and its family owned private limited company. Its located in Haldwani, district Nainital, state Uttarakhand. The two co-founders have total experience of 30 years. The premise is setup on built up area of 300 sq.ft. with monthly rent of INR 8000. Their services are website design, web development, social media marketing, online marketing campaign, SEO optimization and customized software development. They also take outsourcing projects. Total team size is 6. Currently they don’t have any marketing team. Their main clients are from Northern states of India and global client from USA, Canada, Singapore, Europe, South Asian countries, New Zealand, Australia. Till now, they served 1500 plus clients. They require investment to scale up and they have project concept for Blog Websites & YouTube Travel Documentary Channel which they have just started making. The company has seen 20-25 percent growth in revenue. Last year turnover was INR 20 lakhs with 45% gross profit margin. They are looking for investment of INR 50 lakhs in lieu of equity.
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