Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
We are currently finishing the deployment of our new application product to our pilot customer (well known name in construction industry). Product is a business application for managing large scale constructions of any sort, be it a highway construction or a condominium or a palnt erection. Our product helps in increasing profits of such projects, manage almost everything including budgets, costs, vendors, activities, progress details, management reports , gantt charts, automation of lots of processes etc.
Our product has a mobile app too as a bundle within. Later, we have plans to bring in more version to cover other industry too in our solution portfolio.
We are starting the process of filing 8 patents. We have presence in Singapore, Malaysia & India. This opportunity will be a new company set up separating out product business product to APAC region from the base Headquarter office in Singapore.
Currently we have a team of 12 with 5 additional members as long term contractors.
Investments are required to hire another 4 headcount in the development center and develop sales in Singapore and APAC.
Our ask is 110K SGD for 5% (negotiable). You can take max of 20% stake in the company as of now. We expect company to reach to a valuation of 10 Million SGD value in 2.5-3 years time.
As per our plan, your investment should be doubled in a years time when we invite professional investors for our first round.
Contact us for more details.
Promoters are well expereinced (total 50 Man-Years experience) in what they are doing and already have expereince of creating a successfull company.
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