India, Delhi, Delhi
The business is a travel technology startup with SaaS offering already in production . The business already has about 20 + customers and an annual turnover of INR 10 Million. The net retention is above 35%. The business is a B2B business and addresses a major pain point of the industry players in accounting , finance , business analytics . The business has a very strong potential for overseas expansion with minimal costs .
|Business Category||:||Information Technology|
|Real Estate/ Assets||:||no real estate but deal shall include all IPs w.r.t products , Urls , domain knowledge , trained manpower , customers , movable assets like computers , laptops etc|
|Competition||:||The product of the company is the Indias first travel accounting ERP on the cloud . Competition does not offer any hosted product . It only offers desktop solutions. This translates to a superior technological advantage that the business enjoys .|
|Growth Potential||:||Excellent potential for growth with right kind of sales and marketing effort . The products of the company can be sold transactionally by devising right pricing strategy for entry level - small / medium players . Also for large customers the product needs to be sold on consultative sales basis with premium pricing .|
|Reason for Sale / Joint Venture||:||Owner wishes to pursue some other interests .|