Project Wings

We have been mandated by Travel Management Company having proven track record and immense potential for a high growth in the industry. Our client is in the business since last four years and has got online and offline business model. The Business is run on an advanced and sophisticated technology platform. It is serving huge corporate and individual clients. Following are the key highlights of the project.

 

  • Integrated boutique Travel Management Company (TMC).
  • Online Travel portal similar to MMT and Yatra and also offline business.
  • Advance technology in online travelling portal.
  • Has on board 100 Corporate and 500 individual clients.
  • Serving more than just an OTA.
  • Targeting to scale up to a Rs. 50 cr of business in next 3 to 4 years

 

As the business has entered into a matured stage, the promoters wish to offload their stake so as to be taken to the next level by a more resourceful promoters / entrepreneurs. We are enclosing herewith a detailed teaser incorporating all the details of the business. We are open for a further interaction if the proposal suits your business interest. 

 

I am from: 
My Role: 
Interested in: 
Country: 
Deal Value: 
Founded in: 
Number of Employees: 
Revenues (USD): 
1.75
EBITDA Margin: 
2.32%
Reasons for Sale / M&A / Fund Raising: 
The Company is a leading TMC that has developed its own base and brand in this segment. The Company has accumulated sizable customer base, supplier base and has achieved good financial milestones including positive EBIDTA. The company is at an advantageous position to scale up substantially to the next level without any cash burning. The promoter being a first generation entrepreneur lacks suitable financial muscle and also required network to take the company to still greater heights. The promoter is therefore looking to 100% stake dilution with a suitable handholding.