MobiSoft Pvt.

Ltd

Project Report

MobiSoft Pvt. LTd
Submitted By

Himanshu Ahire 13 Executive Full Time PGDM  ( 2009-2010 ) Trimester 4 Symbiosis Institute of Management Studies

MobiSoft Pvt. LTd

Table of Contents
Executive Summary About Promoter The Business
The Business Concept Vision Mission Our Values Telecom Industry Trends at a Glance Telecom Market Growth facts Industry SWOT Analysis Strength Weaknesses Opportunities Threats Market Segmentation Future Trends

3 4 5
5 6 6 6 7 8 11

11 12 12 12
12 14

Software Project Life Cycle The Financial Plan
Initial Cost Internal Features Employee Cost Office & Administrative Expenses

15 16
16

16
20 22

Business Report Mobisoft Pvt. Ltd

1

MobiSoft Pvt. LTd

Selling & Distribution Expenses Sources Of Funds Profit Rational

22 23 23

Forecasted Profit & Loss Account Mobisoft Pvt. Ltd Forecasted Cash Flow Forecasted Balance Sheet Mobisoft Pvt. Ltd Project Financial Analysis
Payback Period Net Present Value Internal Rate of Return

26 27 28 29
29 29 30

Conclusion Bibliography

30 31

Business Report Mobisoft Pvt. Ltd

2

MobiSoft Pvt. LTd

Executive Summary

We are here to provide quality Mobile Software development services to our clients. We aimed to provide quality development at low prices there by providing value for their money. We aim to keep abreast with the fast paced wireless industry, where technology changes occur almost every other day. After expansion of the firm the company will begun to satisfy bigger clients with its quality services.  We will strive hard to fulfill our customer’s requirements through a customized route.

Our Objective is to provide Services into the following categories:

• Custom Mobile Application Development • Handset compatibility and porting • Quality Assurance and testing • Mobile Website Development • On Contract Development • Value Added Software Services (VASS)

Business Report Mobisoft Pvt. Ltd

3

MobiSoft Pvt. LTd

Photo Of Promoter

About Promoter

A graduate in the Information Technology from National Center of Software Technology, Mumbai,. Mr. XYZ aged 32 is a technical and a research scholar in the field of Information Technology. He has extensive experience in Software Development & wireless technology . In the year 1998, he joined software development firm as a Developer & in less than 10 years became vice president of AAA. In 2007 he started one of the consultancy firm in mobile technology business called MobTech. “If you can dream it, you can do it!” A strong believer in the power of the ‘organizational subconscious’ and 'common destiny', he is the architect behind "MobTech" one of the famous mobile Technology consultancy firm. MobTech continues to involve and inspire one and all in the mobile software Industry. His hobby, in his own words, is "Dreaming". He attributes MobiTech’s success to the power of alignment at the organizational sub consciousness. He is a voracious reader and enjoys his learnings on anthropology, philosophy, and religion and child psychology. He believes strongly in people power and often says, “With committed people you can achieve what most people think is impossible’’.

Business Report Mobisoft Pvt. Ltd

4

MobiSoft Pvt. LTd

The Business
The Business Concept
Mobisoft Pvt. Ltd will be an independent mobile Software development company that will deliver a complete range of software development services to the customers. We aim to keep abreast with the fast paced wireless industry, where technology changes occur almost every other day. We aim to develop knowledgeable experts are Mobisoft Pvt. Ltd will have a team of passionate professionals with skills in cutting edge mobile software technology. The company will have employees with a high level of expertise in mobile software development solutions. Which will lead us in a position to understand the needs of our clients and suggest them for the best platforms to take their applications to to the new heights of success.

Our Objective is to provide Services into the following categories:

• Custom Mobile Application Development • Handset compatibility and porting • Quality Assurance and testing • Mobile Website Development • On Contract Development • Value Added Software Services (VASS)

Business Report Mobisoft Pvt. Ltd

5

MobiSoft Pvt. LTd

Vision
• To have impeccable Integrity in all our business practices with our customers, our suppliers, our employees, our investors, and the communities we work in. This means being Truthful and Honest at all times in every situation. • To work in an environment of trust, respect, and mutual cooperation with our suppliers and business partners. • Our vision is to provide the utmost integrity and client satisfaction through our services, creating lasting relationships with our clients while providing ideal working environments for our employees to help us become a dominant IT software solutions provider.

Mission
The Mobisoft Pvt. Ltd mission is to create competitively priced, high quality Mobile software solutions that increase business value and improve business processes for all clientele.

Our Values

• Integrity • Innovation • Quality • Commitment • Reliance • Relationships

Business Report Mobisoft Pvt. Ltd

6

MobiSoft Pvt. LTd

Telecom Industry Trends at a Glance
• The number of telephone subscribers in India increased from 562.16 Million at the end of Dec-09 to 621.28 Million at the end of Mar-10, registering a growth of 10.5%. The overall Teledensity in India has reached 52.74 as on 31st March 2010. • Subscription in Urban Areas grew from 387.63 Million at the end of Dec-09 to 420.47 Million at the end of Mar-10, taking the urban Teledensity from 110.96 to 119.73. Rural subscription increased from 174.53 Million to 200.81 leading to increase in Rural Teledensity from 21.16 to 24.29, during this period. • About 56% of the total net additions have been in urban areas as compared to 57% in the previous quarter. This, in other words implies a rapid increase in rural subscriptions during the quarter. However, this uptake in rural subscription is in wireless segment. The share of rural subscribers has increased to 32.3% in total subscription from 31% in Dec-09. • With 59.23 Million net additions during the Quarter, total wireless (GSM + CDMA) subscriber base increased to 584.32 Million at the end of Mar-10, and wireless Tele-density reached 49.60. • Internet subscribers increased from 15.24 million at the end of Dec-09 to 16.18 Millions at the end of Mar-10, registering a quarterly growth rate of 6.17%. Top 10 ISPs together hold 95.41% of the total Internet subscriber base. • Share of Broadband subscription in total Internet subscription increased from 51.3% in Dec-09 to 54.2% in Mar-10. 86.6% of the Broadband subscribers are using Digital Subscriber Line (DSL) technology.

Business Report Mobisoft Pvt. Ltd

7

MobiSoft Pvt. LTd

Telecom Market Growth facts

Source :Telecom Regulatory Authority of India In Above table we can see that Wireless Subscriber base has increased substantially in last year by 49.15%. This means addition of 193 Million Subscribers in a year. Hence we can see that industry is growing at massive speed.

Business Report Mobisoft Pvt. Ltd

8

MobiSoft Pvt. LTd

With above chart we can notice that substantial number of connections are from Urban area but recently rural market share is increasing with small percentage.

Source :Telecom Regulatory Authority of India Above chart we can clearly see growth path of Tele-density in India

Business Report Mobisoft Pvt. Ltd

9

MobiSoft Pvt. LTd

Source :Telecom Regulatory Authority of India Above chart we can clearly see growth path of Internet & broad Band Subscribtion

Source :Telecom Regulatory Authority of India In above table we can see that Wireless data Subscribers are dramatically increased in year by 50.97%. This means addition of 60 million subscriber for mobile internet. With such a

Business Report Mobisoft Pvt. Ltd

10

MobiSoft Pvt. LTd

fast growth fueled by latest 3G technology & every reducing wireless internet prices we can say that there is tremendous growth potential for mobile software services.

With Above chart we can see that Most number of internet users are from Maharashtra , Delhi & followed by Tamilnadu. Hence we can see that Maharashtra tops the list of internet subscribers. Hence the bulk number of potential clients will be from Maharashtra, Delhi & Tamilnadu.

Industry SWOT Analysis
Strength • Huge wireless subscriber potential • Fastest growing mobile market in the world • Consumers are ready to pay for cutting edge services • Government proposes to hike FDI limit in Telecom to 74%

Business Report Mobisoft Pvt. Ltd

11

MobiSoft Pvt. LTd

Weaknesses • Lowest call tariffs in the world • Market strongly regulated by Govrenment body – Governing both ISP and Telecom sectors • Too many authorities ruling the sector • Huge potential for low end and cheap handsets • Wide scale Consumer churn in Telecom and ISP • Wide spread VAS deployment is restricted due to language and literacy problems • Primarily a voice based market Opportunities • To offer value added services on GSM, CDMA and IP • Language independent services • Mobile Marketing concepts • Content influenced by local culture and global success stories • M-Commerce • Unified messaging platforms Threats • Software and digital content Piracy • Regulatory interference • Low cost service providers • Weak IPR protection

Market Segmentation
Mobile VAS statistics based on demographic and geographic

Business Report Mobisoft Pvt. Ltd

12

MobiSoft Pvt. LTd

• Almost 63 million urban Indians accessed Internet using their phone in February, 2009. • Checking emails and searching  information using search engines are the two most

popular reason cited by almost 3 in 4 urban Indians. • 16 million urban Indians access Internet on their phone almost on a daily basis.

• 45 million urban Indians mentioned voting in reality TV shows, the most popular SMS contest/vote type followed by voting in news polls (31.64 million).

Business Report Mobisoft Pvt. Ltd

13

MobiSoft Pvt. LTd

Future Trends
Mobile interconnected industries are every day coming up with fresh and ground – breaking mobile technologies. Mobile VAS accounts to 10-12% of the total telecom revenues. Over 375 million mobile subscribers in India, out of which 8-10% of the total mobile subscribers are expected to be GPRS (General Packet Radio Services) subscribers as well. At present CRBT download and SMS (A2P) mobile VAS seems most popular amongst mobile users. With the launch of 3G services (faster data speed) in India, games download, video streaming, mCommerce, mobile blogs and mobile chat is expected to grow in future. As per TRAI predictions, mobile VAS revenue growth contributing to telecommunication industry is expected to grow to 30% in next 5-7 years, which is way beyond the current contribution of 10-12%. Many experts are predicting mobile VAS in India to be 1 billion USD market by 2010.

Business Report Mobisoft Pvt. Ltd

14

MobiSoft Pvt. LTd

Software Project Life Cycle
As in any other engineering discipline, software engineering also has some structured models for software development. A software development process is a structure imposed on the development of a software product. Following is the list of processes which required to be followed for software development. 1.Requirement Information gathering 2.Requirement analysis 3.Providing best possible combinations to arrive at a complete solution 4.Finalizing Scope of the project 5.Estimation of development time and costing 6.Finalizing Terms 7.Project execution to begin 8.Project flow chart and time frame approval 9.Project files and raw data collection 10.Initial set of project deliverables 11.Testing 12.Changes/Updates based on Client remarks 13.Iterations (number of iterations allowed to be pre-approved before project execution) 14.Final deployment, implementation or deliverables of project 15.Maintenance

Business Report Mobisoft Pvt. Ltd

15

MobiSoft Pvt. LTd

The Financial Plan
Initial Cost
Initial Setup Costs mainly includes expenses towards The IT Infrastructure of the company. IT infrastructure affects every aspect of the organization. Hence Effective management of IT infrastructure is crucial. High availability, responsiveness and adequacy are non-negotiable requirements of todays competitive market. IT Infrastructure includes 1. Office Premises 2. Board-band connectivity 3. Latest computer hardware 4. Latest computer software 5. Telephone & VOIP services 6. IT Service Desk

1. Office Premises Office Premises is one of the most important component of IT Infrastructure. Promoter has adopted a strategy to rent office premises to minimized initial setup cost provided following utility services are available Internal Features • Conference room • Power Back-up • Security / Fire Alarm

Business Report Mobisoft Pvt. Ltd

16

MobiSoft Pvt. LTd

• Centrally Air Conditioned • Intercom Facility • Area at-least 2500 sq. Ft. • Washrooms • Fully Furnish External Features • Reserved Parking • Security Personnel • Maintenance Staff Additional Features • Access to High Speed Internet As per the property survey Such a property in Pune IT area will cost around R.s. 150000 R.s. 200000 per month based on location. Property Locations Available as per requirements 2000 Sq. Ft., Commercial Office/Space in Senapati Bapat Road - 2 Lacs per month 2300 Sq. Ft., Commercial Office/Space in Viman Nagar, Pune - 1.5 Lacs per month 2000 Sq. Ft Commercial Office/Space in Baner , Pune - 1.3 Lacs per month With all above options promoters have opt for Viman Nagar location. Yearly Cost 18,00,000 Security Deposit / Legal Expenses Amount :- 5,00,000

Business Report Mobisoft Pvt. Ltd

17

MobiSoft Pvt. LTd

2. Board-band connectivity One of the most important aspect of IT business is connectivity. Hence it Required Broadband internet with VOIP services. This includes setup of company network , domain name registration & Email servers. Network Setup - Rs 50000 one time Domain Name Setup / Web-space / Email - Rs 25000 p.a. Broadband Expenses - 25000 p.a. Total 1,00,000

3. Computer hardware Availability of Fast computer hardware is basic requirement of business Following hardware will be required as Initial setup Dedicated Hosting Servers : These are third party own dedicated servers which are

remotely located & connected via internet which reduces maintains cost. Quantity : 2 Total Price : 30000 p.a.

Provided by : Host.co.in

Individual Employee laptops : Rs: 30000 per laptop Initial Total Required : 15 Total Cost : 450000 Provider : Dell Computers

Printers / Projectors : Total Cost Rs : 50000
Business Report Mobisoft Pvt. Ltd 18

MobiSoft Pvt. LTd

Company : HP
Hardware Quantity Total Cost

Hosting Servers Employee Laptops Printer Projector Xerox Machine Total

2 15 1 1 1

30000 450000 15000 35000 20000 550000

4. Latest computer software Many Software licenses are required 1. Testing Softwares 2. Development Environment Softwares 3. Office Suites 4. Mobile handset emulators Estimated Cost of These softwares will be R.s. 500000

Total Initial Setup Cost
Particulars Total Cost

Office Premises Broadband / Telephone Connectivity Computer Hardware Computer Software Company Registration & legal Expenses Total Initial Expenses

2300000 100000 550000 500000 15000 3465000

Business Report Mobisoft Pvt. Ltd

19

MobiSoft Pvt. LTd

Employee Cost
Success of any software business largely depends upon right people for right job. It is

essential to hired knowledgeable professional consultant to develop quality software. Required Employees can be classified into following Verticals 16)Software Project Execution 17) Project Management 18)Administration 19)Finance 20)Marketing

Marketing/ Finance / Project Management As a startup company Promoters of the company will be responsible for Managing Marketing,Finance & Project Management verticals. Salary : N.A.

Server Administration Hardware & Software administration is specialized job & required knowledge dedicated employee for same. Total Employee Required : 1 Yearly Salary : 200000

Office Administration & Security Required Security personnel plus helper & receptionist Total Yearly Cost : 150000
Business Report Mobisoft Pvt. Ltd 20

MobiSoft Pvt. LTd

Project Execution Staff Project execution staff is most important staff of a business. They are responsible for design,developing, testing of software. They are classified under following categories

Developer : Specialized in computer Programming. They are responsible for development of Softwares. Total Employee required for development : 10 Yearly Cost : 25,00,000 p.a. Education : Any Computer Graduate / Post Graduate

Tester : Responsible for Testing various application developed Yearly Cost : 3,00,000 p.a. Education : Any Graduate

System Architect : Senior member of team responsible for design of system & management of team. Total Employee required : 1 Education : Post Graduate Experience : At-least 6 years experience Yearly Cost : 7,00,000 p.a.

Business Report Mobisoft Pvt. Ltd

21

MobiSoft Pvt. LTd

Total Employee Cost
Employee Role No Of Employees Per Year Cost

Developer Testing System Architect/Team Lead Administrator Reception /Security Total Cost

10 2 2 1 2

2500000 300000 1200000 200000 150000 4350000

Office & Administrative Expenses

Expenses

Year 1

Year 2

Year 3

Electricity Bill Stationary Broadband Internet Telephone / VOIP Employee Refreshment Total

15000 10000 0 0 10000 35000

18000 10000 15000 20000 15000 78000

20000 10000 15000 20000 20000 85000

Selling & Distribution Expenses
These expenses mainly consist of 1. Selling Expense : Client Meetings, Product Demonstration & demo versions of softwares 2. After Sales Support : After sales service includes Issue Resolution & Technical help. Selling & Distribution Expense
Expenses Year 1 Year 2 Year 3

Selling Expense After Sales Support Total

150000 30000 180000

180000 60000 240000

220000 150000 370000

Business Report Mobisoft Pvt. Ltd

22

MobiSoft Pvt. LTd

Sources Of Funds
Promoter of Business will bring 2000000 as as Capital in business. This capital will be arranged by promoter with their own savings. Term loan : The remaining Capital Requirement will be Financed by Term loan for 5 Years. Promoters personal property will be given as security for this loan.

Profit Rational
In General Per hour & per person rates quoted for Software development as follow. Developer : Rs 750 / per hour Tester :Rs 500 / per hour

System Architect : Rs 1500 / per hour Administrator cost : Rs 500 / hour

Company Charges As per Project Size
System Architect Rates /Hour Small Project Medium Project Large Project Global Project Developer Tester Administrator Total Cost

1500 120 240 480 700

750 500 1000 2000 4000

500 200 400 800 1600

500 0 100 300 800 655000 1360000 2770000 5250000

Small Projects are small in size & they are not much complex.

This reduce overall risk

associated with project. They can be completed with Team size of 3 to 4 members without much complexity. At the initial stages of the firm. The main focus will be to bring as much as

Business Report Mobisoft Pvt. Ltd

23

MobiSoft Pvt. LTd

small projects possible. Small Project generally requires Around 750 man hours details of which are given in above table.

Medium Projects are slightly bigger in the size compare to small projects. they are relatively simple to understand. There is slight risk of delays are associated with medium size project. They can be completed with Team size of 5 to 6 members without much complexity. At the initial stages of the firm. The main focus will be to bring as much as mdedium projects possible. As they are provide lot of cash-flows at relatively less time. Medium Project generally requires Around 1500 - 1800 man hours details of which are given in above table.

Large Projects are bigger in the size compare to medium projects. They are fairly complex to understand. There is always risk of delays associated with Large size project. They can be completed with Team size of 10 to 15 members. At the later stages of the firm. The main focus will be to bring as much as large projects as possible. As they are provide fixed cashflows for longer duration. Large Project generally requires Around 4000 man hours details of which are given in above table.

Global Projects are huge in the size. They have multiple levels of complexities. Generally development teams are spread across different countries. There is inherient risk of delays associated with global size project. They can be completed with Team size of 50 to 100 members. These projects are currently not consider by firm as they required huge initial investment also returns from these projects can spread into multiple years. Large Project generally requires Around 10000 man hours details of which are given in above table.

Business Report Mobisoft Pvt. Ltd

24

MobiSoft Pvt. LTd

Total Man Hours Available
System Architect Man Hour Available Developer Tester Administrator

4,224

21,120

4,224

2,112

Following are revenue estimate from project completion.
Large Project Medium Project Small Project Total Sales

Average Project Price Year 1 Sales Year 2 Sales Year 3 Sales

2770000 0 0 2770000

1360000 4080000 9520000 9520000

655000 3275000 6550000 5895000 7355000 16070000 18185000

Full Payment realization may take 3 to 6 months depending upon length of a project. Hence average Debtors are assume to be 1/4 of the total sales Forecasted Financial Report

Business Report Mobisoft Pvt. Ltd

25

MobiSoft Pvt. LTd

Forecasted Profit & Loss Account Mobisoft Pvt. Ltd
Particulars Income Net Sales Other Income Expenditure Server Administration Cost Office & Administrative expense Salary of Staff Rent Preliminary expense W. off Interest Selling & Distribution Depreciation Total Expense Profit/Loss Before Tax Tax Paid @ 15% (MAT) Profit After Tax Balance carried to balance sheet 4,80,000 1,80,000 2,60,000 77,35,000 (3,80,000) 0 (3,80,000) (3,80,000) 1,30,000 35,000 43,50,000 23,00,000 1,30,000 78,000 47,85,000 18,00,000 2,00,000 4,80,000 2,40,000 1,30,000 78,43,000 82,27,000 11,77,050 70,49,950 70,49,950 1,30,000 85,000 52,63,500 18,00,000 2,00,000 4,80,000 3,70,000 65,000 83,93,500 97,91,500 14,68,725 83,22,775 83,22,775 73,55,000 0 1,60,70,000 0 1,81,85,000 0 Year 1 Year 2 Year 3

Business Report Mobisoft Pvt. Ltd

26

MobiSoft Pvt. LTd

Forecasted Cash Flow
Particulars Inflow Last Year Balance Capital Sales Secured Loan @ 12% p.a. Total Inflow Outflow Server Administration Cost Salary of Staff Rent Office & Administrative expense Selling & Distribution Computer Hardware Preliminary Expense Interest Paid Tax Paid @ 15% (MAT) Total Outflow Net Cash flow 130000 4350000 2300000 35000 180000 520000 515000 480000 0 8510000 3006250 130000 4785000 1800000 78000 240000 0 0 480000 1177050 8690050 8207450 130000 5263500 1800000 85000 370000 0 0 480000 1468725 9597225 16266475 0 2000000 5516250 4000000 11516250 3006250 0 13891250 0 16897500 8207450 0 17656250 0 25863700 Year 1 Year 2 Year 3

Business Report Mobisoft Pvt. Ltd

27

MobiSoft Pvt. LTd

Forecasted Balance Sheet Mobisoft Pvt. Ltd
Particulars Sources of Funds Shareholder’s Funds Share Capital Reserves & Surplus Profit & Loss(Profit) Secure Loan Total Application of Funds Fixed Asset Gross Block Less : Depreciation Net Block Capital Work in Progress & Advances Current Asset, Loans & Advances Cash Sundry debtors Current Liabilities & Provisions Liabilities Provisions Net Current Assets Preliminary Expense Profit & Loss(Loss)
TOTAL

Year 1

Year 2

Year 3

2000000 0 0 4000000 6000000

2000000 0 6669950 4000000 12669950

2000000 6669950 8322775 4000000 20992725

520000 260000 260000 0

520000 390000 130000 0

520000 455000 65000 0

3006250 1838750 0 0 4845000 515000 380000

8207450 4017500 0 0 12224950 315000 0

16266475 4546250 0 0 20812725 115000 0

6000000

12669950

20992725

Business Report Mobisoft Pvt. Ltd

28

MobiSoft Pvt. LTd

Project Financial Analysis
Payback Period

Year

Cash In

Cash Out

Net Out Flow

1 2 3 Total

5516250 13891250 17656250

8510000 86,90,050 95,97,225

-2993750 52,01,200 80,59,025

1,02,66,475

Total Amount Invested in Project = Capital + Term Loan = 60,00,000 R.s. Cash Flow in First 2 Years : 22,07,450 Cash Flow Remain for 3rd Year : 60,00,000 - 22,07,450 = 3792550 R.s. need to recover in 3rd Year. Total Cash flow in 3rd Year = 8059025 Hence Time Required to Recover Remain Amount = 12* 3792550/ 8059025 = 5.6 Hence Payback Period for project is 2 Years 5.6 Months

Net Present Value
Assuming Discounting Factor as 12% i.e. cost of capital.
Year Cash In Cash Out Net Out Flow Discount Factor Discounted Cash Flow

1 2 3 Total

5516250 13891250 17656250

8510000 86,90,050 95,97,225

-2993750 52,01,200 80,59,025

0.8929 0.7972 0.7118

-2672991 4146365 5736255

1,02,66,475

1209629

7209629

Business Report Mobisoft Pvt. Ltd

29

MobiSoft Pvt. LTd

Hence Total Value of Discounted Cash Flows is 7209629 Total Initial investment is 6000000 Hence NPV will be = 7209629 -6000000 = 1209629 NPV = 12,09,629 R.s. Hence We can Say That Project has positive NPV

Internal Rate of Return

Year

Cash In

Cash Out

Net Out Flow

12%

15%

20%

18.62%

1 2 3 Total

5516250 13891250 17656250

8510000 86,90,050 95,97,225

-2993750 52,01,200 80,59,025

-2672991 4146365 5736255

-2603261 3932854 5298940

-2494792 3611944 4663788

-2523816 3696474 4828461

7209629

6628533

5780940

6001120

Hence Internal Rate of Return for Project is 18.62% Since IRR of Project is Higher than cost of capital Project will be profitable.

Conclusion
Mobile Software Development business is one of the fastest growing business supported by extraordinary growth in subscriber based. With such a exciting opportunities available India is also one of the biggest software hub in World. Which will provide access to young competent talent pool at relatively low cost. Which makes this possible to provide cutting age products & services at very low prices. Providing better value for money for customers. MobiSoft has adopted proven business model to provide cutting edge solutions at very low prices which will deliver cash-flow from first year itself. Promoters has consider every possible solution to keep fixed cost down & provide resources where its required most.

Business Report Mobisoft Pvt. Ltd

30

MobiSoft Pvt. LTd

Bibliography
www.trai.gov.in/ www.en.wikipedia.org/wiki/Wiki www.99acres.com www.magicbricks.com www.tataindicom.com www.bsnl.co.in www.rcom.co.in/ www.webhostingchoice.com www.ibeehosting.com www.mca.gov.in www.legalserviceindia.com/

Business Report Mobisoft Pvt. Ltd

31

Master your semester with Scribd & The New York Times

Special offer for students: Only $4.99/month.

Master your semester with Scribd & The New York Times

Cancel anytime.