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Leading Web, Mobile / Tablet IT Software Company
Location: India
Industry: Technology – Internet Related > Web Design and Software Development




Business Summary

Leading web development, mobile development, tablet solutions development, software development, web design and internet marketing company. Established in 2004 by 2 founders (and 1 employee with an investment of USD 5000/- in a 200 sq ft office - has since served more than 100 clients in more than 25 countries worldwide

Currently approx. 15 ongoing agile / work on hire contracts - with clients regularly making monthly payments.

Sales turnover of USD $500K in FY 10-11, and growth rate of 30% year on year since beginning

Current 40 employees, which includes the development team (project managers, team leaders, senior software engineers in different technology verticals/ service lines, testers, designers), business development, HR/accounts/ support staff

More than 15 web properties which generate leads / requirements for services - resulting in more than 3 - 4 leads daily (on average)

4500 sq ft offshore development center based in Mumbai (Bombay), India - High end interior and infrastructure includes very impressive interiors with international look and feel

Blue chip clients/ contracts include eBay.com, yahoo.com & Mahindra/ Tata groups

Strong company financials with zero debt and zero external investments (besides the initial USD $5,000/- investment)

Strong client relationships / references / testimonials built over the years in the US, UK, Europe, Australia and India

Technology portfolio includes AJAX, Microsoft .NET, PHP, Perl, LAMP, Flash, Flex, CSS for the web. It includes iPhone/ iPad, Android/ Honeycomb, BlackBerry, Windows Mobile, Palm, Symbian for mobiles/ tablets. It also includes ready solutions implementation such as OS Commerce, Moodle, SugarCRM, Joomla, Drupal and DNN.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $500,000
Cash Flow:   $500,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2003
Number of Employees:  35 - 49
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease




Print Listing Id: 700163467
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Related Searches: Application Service Providers  >  E-Commerce and E-Tailers  >  Internet Service Providers  >  Web Design and Software Development  >  Other Technology - Internet Related  > 

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