Listing Details : LB-15611

Asking Price 2.5 Lacs
Turnover N.A
Legal Entity Private Limited
Category Internet & Technology
Sub Category Software Service Products
Business Listed By Business Owner

Overview

We are AI based company making business software. An AI-driven IT company based in Bengaluru, Karnataka, is now available for sale. Specializing in mobile application and website development, the business also provides design services to its clientele. Operating from a rented premise, the company holds all essential licenses, including GST and a Certificate of Incorporation (COI), ensuring compliance with regulatory requirements. Despite its innovative offerings, the business has accumulated losses amounting to ₹8 lakhs. These losses can be utilized for potential tax savings and GST credits, offering a financial advantage to the prospective buyer. The current owner is seeking to exit the business, presenting an opportunity for someone to acquire a ready-to-operate venture in the AI and IT services domain. This sale is ideal for entrepreneurs or companies looking to expand their portfolio in the rapidly growing AI and IT services market while leveraging existing assets and compliance structures.

Year of Establishment

2023

No. of Employees

2

Current Status of Business

Loss Making

Business Relocatable

Yes

Property Type

Leased

Rental per Month

15 Thousand

Describe Property

N.A

Competition / Market

Yes

Products & Services

Mobile application development, website development and designing services for corporates

Growth Potential

Decent potential

Reason For Sale

Too many losses and now wan to exit

Financial Details

Contact Business