Markets
About
- Tally has 1.5 million legit and 4 Million not-legit customers in India. - These customers have Current Accounts with banks - These accounts feature in Tally as well as in the Core Banking systems of the banks. - These customers spend time money and effort in reconciling the Tally-instance with the bank-core-banking system-instance. Estimated cost of this reconciliation for typical customer is USD 2,000 per year - We bring this down to USD 100 per year. We also reduce the time taken and the hassle to almost none - SAM is 300 Million+ - We put our ad on monthly statements sent by banks to customers and share revenues with banks - Tech stack Node/Mongo/Express/Jade/RabbitMQ on cloud. HTML5/CSS3/Jquery code for mobile also. - We target a revenue of $30 Million and EBIDTA of 40%+ in 4 years - The promoters are IT/BFSI professionals (3) with with 50+ years combined experience - We expect financial SaaS majors, IT companies in infrastructure/finance should be interested in acquiring us