Deal Description

Background: • The company was established with the goal of developing cloud-based digital business management software and service that enables growing companies to o Automate the processes of Lead-to-quote, Order-to-cash, Source-to-pay and Record-to-report o Gain total control over the business using efficient workflows o Make real-time data-driven decisions with AI-powered analytics o Roadmap includes - Enabling machine learning abilities to automate repetitive tasks like reconciliation and reporting. - Integrate with IoT devices to monitor the status of machinery or track deliveries. - Develop a digital network using blockchain which brings valuable transparency to transactions between buyers and suppliers in order to discover new opportunities. • Promoted by first-generation technocrat entrepreneurs with years of experience and a strong desire to succeed and deliver. • The company started as a private limited company and has been in business for four years, launching two well-received products. Two more professional service solutions are currently being tested, with a commercial launch expected in six months. • The target market is small and medium-sized businesses in manufacturing, trading, and services segments. Operations: • Head Quartered in Bangalore with a liaison / channel partner offices in the MENA region, UK and USA. • Product development and service are managed in Bangalore, whereas liaison offices work with the internal sales force/channel partners to promote and sell product and service packages. • The workforce is small, with 40 skilled employees for development, the majority of whom have been with the company since its inception. Financials: • The company is in the early stages of sales, with 46 paying customers and a revenue of $175,000. With sales picking up in India, MENA, and the United States, anticipate to produce 70 million USD in the next four years, with 23 million USD in retained earnings. • With the impending commercial launch of additional products, revenue is expected to grow exponentially in the coming financial year and beyond. • Funds are required to primarily fund the following activities: 1. Fund the expansion of operations as a result of the commercialization of the two major products 2. Branding and marketing of products that have reached the commercialization stage 3. Recruit salespeople and establish the necessary office infrastructure 4. Support R& D activities for a few more products in the pipeline Contact : Shivakumar Ganesh [email protected] +919900193947 www.raptechsolution.com

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