Experienced Management Expertise.
Established Relationships with Client Base.
Recognized Technology Service Provider (TSP) for ONDC.
Diverse Digital Commerce Portfolio.
Skilled and Multi-Disciplinary Workforce.
Substantial portion of its revenues has been dependent on few customers. Further the company does not have any long-term commitments from customers and any failures to continue its existing arrangements or loss of any one or more of the company major clients would adversely affect its business and results of operations.
There have been certain instances of Delays in Filing with Registrar of Companies, non-filing, or partial compliance with the requirements of certain statutory authorities and applicable regulatory provisions.
There are outstanding litigation proceedings involving the Company, its Promoters, an adverse outcome in which, may have an adverse impact on the company reputation, business, financial condition, results of operations and cash flows.
There are certain instances of delays in payment of statutory dues. Any delay in payment of statutory dues or non-payment of statutory dues in dispute may attract financial penalties from the respective government authorities, which may have an adverse impact on its financial condition and cash flows.
The company's has experienced negative cash flows and any negative cash flows in the future could adversely affect the company financial conditions and results of operations.
The company currently do not hold any registered Intellectual Property Rights in its name, and this may affect the company ability to obtain, maintain, protect, or enforce its intellectual property and other proprietary rights.
The company's lenders have charge over the company movable properties in respect of finance availed by it.
Its Promoters and Directors have extended their personal guarantees with respect to various loan facilities availed by the Company. Revocation of any or all of these personal guarantees may adversely affect its business operations and financial condition.
Registered Office of the Company is located on rental premises. If the company is unable to renew such rent agreements or relocate on commercially suitable terms, it may have a material adverse effect on its business, results of operations and financial condition.
If the company is unable to collect its receivables from, or bill the company unbilled services to, its clients, the company results of operations and cash flows could be materially adversely affected.
