Looking for Strategic Investors to invest $3M (INR 20Cr) for Global Growth in Enterprise B2B SaaS Platform for Project Services Management

By Vishwas
Posted On: 15 / Dec / 2021
0 4

Deal Details

Annual

Deal Type

Sell (Strategic Investors)
Maximum Loan

Industry

Information Technology / IT
Charge

Deal Status

Active

Deal Description

This Enterprise B2B product idea was conceived by founder in first venture. Was launched as On-Prem product, acquired customers, raised VC and Public Rounds, exited – all this in ten years. Had the opportunity of buying back the IP of this mature and domain rich product and rebuilding the idea as SaaS based PSA – Project Services Automation solution. Consequent to its launch as Microsoft Azure deployed SaaS product in Oct 2020 – with contemporary UX, remote Lead generation, Sales and Implementation model and initial customer traction, the company is ready for Strategic Investment. The customer list includes marquee names in IT Service, Engineering Design and BFSI. The team is a mix of steady old hands and the brash new. The last FY ( Mar 21) recurring revenue is $350K (INR 2.5 Cr.) Attractive discounted revenue multiple at the asking price for strategic interest. Partial investment can be considered at market multiple.

No Files Attached

Deal Value
₹ 23.97 Crore
Targeted Region
Americas

Revenue

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