Promising Software Startup Raising Funds In Nagpur

Listing ID: SL015960
Posted By: Owner
Last Active: 2+ months ago
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Product / Service

They have developed two distinct applications: a web-based Financial Accounting Module and a Mobile Business Bookkeeping Application. Both of these applications are scheduled for a global release in April 2024.

Clientele type

The Product is in the testing phase. The Serviceable Obtainable Market (SOM) is 1 Billion.

Premises

LEASED

Lease per month (in INR): 26,000

Security Deposit (in INR): 150,000

Carpet Area: 900 sq ft

Asking Price Includes

They are offering a 10% stake in exchange for the investment.

Reason

They are raising fund for marketing and operations.

Other Details

They have a small and effective team with Domain knowledge, Market know-how, and technical Experts.
They are expecting an average annual revenue of 12.5 Crore INR.
The CTO and Co-Founder of the company have over 18 years of experience in the information technology industry.
The Chief Marketing Officer and Co-Founder of the company has 15+ years of experience in sales and marketing, with a focus on both retail and B2B markets.

Keywords

Business Tags

Financial Accounting global Promising Software Startup Raising Funds In Nagpur

₹10 to ₹200 Cr

Complete Investment Banking Solution in 120 Days

Seamless Fundraising/M&A transactions

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