Deal Description

Company Information

• Company was founded in 2013.
• Mahendra R. Mehta ( Chairman ), Amod M. Deshpande ( Director and CTO ) and Niraj M. Wanikar ( Managing Director ) are the Founders of the company.
• CNCTimes is online portal for Machine Tools industry with subscription base 1.35 lacs Engineers.
• Plant Manager was conceptualised in 2014 and development started immediately

Plant Manager

• Plant Manager is a Cloud based Advanced Planning and Scheduling Software
• It has Component as well as Bill of Material Planning capabilities
• The modules in Plant Manager are Inventory management, Planning, Scheduling, Capturing Production data and MIS reports
• Plant Manager is specially designed for high-mix, low volume job shops across industry verticals
• Plant Manager has 20 active Users in India currently

Requirement

• The compnay is intending to sell off the product to interested party which can aggressively take it to the market.
• Plant Manager is now ready to go full flow into the dynamic market.
• Current Founders does not have the Sales Infrastructure required to go aggressively into the market.
• The initiative will also require fresh capital to monetise the immense opportunity the product gives locally as well as globally.

Attached Files