$120B TAM / $100M ARR Potential / Revenue making IT Help Desk Automation SaaS-preSeries A Round

Posted On: 17 / Dec / 2023
1 696

Deal Details

Annual

Deal Type

Equity (Fundraise)
Maximum Loan

Industry

Information Technology / IT
Charge

Deal Status

Active

Deal Description

A prominent IT integrated platform, who a category creator in End User Support automation space having developed and monetized an unique combination of CoBots and Automation in end user support space. 30+ enterprise clients with an employee base of 1m+ spread across 12+ countries and marquee clients and partners like Accenture, Persistent, Daimler, Bosch, TechM, Mindtree and with near zero churn are testimonial to Product's solid traction in market.

The company is looking to raise $20m in next 5 years starting with an immediate $1.5m in 2022 at a valuation of $12m. The company has an order book of $1.5m with FY22 ARR of $0.5m with no Sales and marketing spend, all revenue coming via MSP partners and Inbound organic channels via website or Linkedin connects.

The team wants to take the "Made in India" product global and create an International Brand and is scouting for strategic partners who can join forces in this mission by providing International market access and Sales capabilities in US, UK, UAE and other geos. Please reach out to [email protected] and [email protected]  for more information.

No Files Attached

Deal Value
159.8 Crore
Targeted Region
Americas

Revenue

2019-20
7.99 Crore
2020-21
7.99 Crore
2021-22
7.99 Crore