The company is a founder-led Indian Employer of Record (EOR) and technology-services business. It recruits and vets technology professionals, legally employs and administers deployed personnel for enterprise clients, processes payroll and employment documentation, delivers project-based IT and data work, and has built proprietary AI platforms for business communication, recruitment workflow and operational automation. Incorporated in 2020, it generates approximately $2.96 million of annual revenue from a bench and network of pre-screened consultants deployed against client demand.
In the year to 31 March 2026, its strongest on record, the company reported approximately $2.96 million of revenue and $0.32 million of profit after tax, a margin near 11%. Revenue fell in FY2024, recovered in FY2025 and reached a new high in FY2026, when profit also set a record and the balance sheet strengthened as gearing fell and working capital turned positive. Two normalisations belong in any buyer's model: the FY2026 tax charge was unusually low, and the accounting policy capitalises certain development costs, so reported profit sits above a fully-taxed, fully-expensed view. Buyers should also confirm that the FY2026 step-up is durable rather than driven by one-off contracts. The financial section sets out the four-year series.
The business was built by two co-founder directors. One leads technology and delivery and previously held roles at major global technology firms; the other leads marketing and business development, built over two decades. A distinctive feature of the balance sheet is approximately $1.42 million of capitalised software development reflecting the AI platform build. The maturity, live usage and revenue contribution of that IP are central diligence questions, alongside verification of the company's EOR contract structure and legal-employer responsibilities by jurisdiction.
The business is offered as a 100% sale on a cash-free, debt-free basis at $8,000,000, representing approximately 2.70x FY2026 revenue and 25.01x FY2026 profit after tax. The price assumes value from the EOR operating model, platform IP and continued growth; it should be weighed against the sustainability, tax, capitalisation and compliance points in this memorandum. Management's five-year plan, summarised in Section 11, targets a sixfold increase in revenue and is treated as a projection rather than part of the current valuation base.