Acquisition Opportunity - IT Staffing Business in India

Company Overview

Established in 2016 in Jaipur, the company has become a prominent IT solutions provider, with over 200 specialized consultants serving clients across India, the USA, and the UAE. Its primary focus is delivering skilled professionals for IT projects across domains such as Cloud Computing, Application Development, Advanced Analytics, Salesforce Implementation, and Managed Services. The company also operates two additional verticals:

• IT Consulting and Managed Services: Offering end-to-end IT solutions.
• AI-Based Products: Developing innovative solutions powered by Artificial Intelligence and Machine Learning.

It has successfully supported over 150 enterprises in achieving their technology goals.

IT Staff Augmentation - Business Model

The company focuses on IT Staff Augmentation, offering a dynamic solution for businesses to scale their workforce by accessing skilled IT professionals for both short and long-term projects. Their services encompass requirement analysis, on-demand talent sourcing, and swift onboarding, addressing specialized roles like developers, DevOps engineers, and QA testers. The company directly employs these professionals, deploying them to clients for specific projects on a contractual basis. Upon project completion, the professionals are reassigned to other client projects, ensuring optimal utilization of their talent pool. Supporting both remote and on-site staffing, the company provides flexibility and seamless team integration. Additionally, it manages contracts, payroll, and compliance, reducing hiring risks and administrative burdens for clients.

Business Model

• On-Demand Staffing: Immediate access to a robust talent pool of IT professionals, enabling rapid project initiation.
• Flexibility: Designed to accommodate evolving business needs, offering support for short-term engagements and long-term projects alike.
• Talent Bench: A well-maintained, payroll-based bench of IT professionals ensures availability for quick deployment.
• Turnkey Solutions: End-to-end project management services extend beyond staffing to deliver comprehensive solutions.
• Revenue Model: Generates income through a dual approach—contract staffing services and full-scale project management engagements.

Transaction

The company has developed approximately 12 AI-based products through dedicated internal R&D. With plans tofocus on scaling its product division, the promoters have strategically decided to divest their IT staff augmentationbusiness. This move aims to transition the business to an investor capable of leveraging its established client base,extensive network, and automated operational model for growth and expansion.

Investment Rationale:

• Extensive Talent Pool of 2000+ experienced professionals
• Staffing services account for approximately 90% of the company’s revenue
• Minimized Idle Time, Maximized Profitability
• Strong Client Network and Revenue Stability
• Access to rapidly growing IT Staffing market which is currently valued at US$ 4.9 bn