Emerging Leader in CPaaS specialized in SMS, WhatsApp and voice solutions for sale.
The company is amongst the top 10 A2P SMS companies in India with a growth of 70% YoY from FY20 to FY21.
It is one of the pioneers in Communications Platform as a Service (CPaaS) helping customers engage, notify, market and advertise in an innovative manner across every single mobile device in India.
The company is active in offering service related to SMS, WhatsApp, voice & email which helps to promote brands and create increased brand awareness.
Major customers include banks, financial institutions, large retailers, public utility companies & e-commerce business.
The company generates almost 90% recurring revenue month on month with an average customer stay of more than 5 years at the minimum.
Products & Services Overview
Channels: SMS, Voice, Email and WhatsApp.
Products: 4 software products for advertisement & promotion.
Assets Overview
- Entire business operations, technology platform, clients and brand.
- 40+ servers, multiple computers, laptops and furniture.
Facilities Overview
12,000 sq ft of carpet area spread across 4 floors in MIDC, Andheri East. It's a company-owned premises but not included in the transaction.
Currency: USD
Target Price / Revenue: 3x
Target Price / EBITDA: TBD
