Bags Manufacturing Businesses for Sale and Investment Opportunities in New Delhi

- Annual recurring revenue (ARR) reached Rs 12 crores, marking a 4x increase over the past year. - Company has maintained profitability amidst rapid expansion, indicating sustainable business practices. - The customer base has expanded to over 35,000, with the acquisition of 8 patents and support from MEITY, DST, NRDC, and DoT, affirming the company's innovative edge. - Introduced a wide range of products including smart luggage, smart wallets, featuring anti-theft/anti-lost technology, "ring my phone/wallet" functionality, power charging capabilities, and a location tracker, providing users with unparalleled security and convenience. - Our innovative solutions encompass 3 verticals, bags, luxury leather goods, and luggage, each designed with unique features such as unlocking in 0.1 seconds, a USB charging port, and support for up to 10 fingerprints, offering a blend of security, convenience, and luxury. - Secured significant orders, including an INR 1.8 Cr order from GAIL, an INR 25 Cr order from a USA distributor, an INR 12 Cr order from Gujarat, Maharashtra, and Karnataka distributors, and an INR 8 Cr order from Czech & Malawi distributors, indicating robust market demand and an expanding global presence. - Continues to be at the forefront of employing IoT, BLE, UWB location technologies, and AirPort Prompt in smart luggage solutions, enhancing security and user convenience. - Garnered widespread media attention and accolades, featuring in Electronics for You Magazine, Business Today, India Today, and on leading news channels; received awards and a grant of INR 51 lakhs from DoT, MEITY, and DST. - Achieved success on Shark Tank India, securing an investment deal with a shark, underlining the business model's viability and potential for growth.

- Production capacity is 20 tonnes monthly. - The raw materials are procured from local vendors. - Promoter has 20 years of working experience. - Moreover, clients are twenty years old (recurring) and are good paymasters. - Have GST certificate.

- Bags manufacturing business that has served reputed clients over a span of 3 years. - Some of our clients are Kone, Netlink, Hawkston, Rockford, Magicbricks, PW University, DY Patil University, and Wadhokar Group. - The business has 1 active project. - We have completed more than 30 projects. - The business receives 30% of its payment in advance and the rest of the payment is received post the delivery. - Our manufacturing capacity is around 20k bags in a month. - Unfortunately, due to a shortage of funds we are not able to agree to all the projects coming our way, with this investment we will have enough capital to increase our order book and generate much higher sales.

- Company involved in 2 lines of business. • Bag manufacturing with a B2C focus. • IT equipment rental with a B2B focus. - The business designs and manufactures the bags under its own brand name. - It sells the products through online stores like Amazon, Flipkart, and Cloudtail. - The equipment rental business brings in the majority of the revenue and relies completely on references for sales. - The company wishes to offer a stake in the legal entity that operates both these businesses.