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Agricultural Machinery Business Investment Opportunity in Hassan, India

Provides IT & IoT solutions enabled with AI and cyber security to German, Indian clients.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 34 thousand
Run Rate Sales USD 56 thousand
EBITDA Margin 30 %
Industries Agricultural Machinery + 1 more
Locations  Hassan
Local Time 7:25 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 70 thousand for 40.0% stake (Native Currency: INR 5,000,000)
Reason: Business development (approach new clients and bag projects), recruit new employees and initial inve... View More
Includes physical assets worth USD 13 thousand
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Business Overview

- Our startup was established 3 years ago and mainly works on IT & IoT-related projects. We started with 2 employees and at present, we have 8 full-time employees, 3 consultants.

- IoT projects: We are working with multiple agro-tech companies in order to support them with precision agriculture.

- We have multiple suppliers (for AI, hardware, and IT) in order to achieve excellent quality in the impeccable timeline.

- Senior management has a master's in Information and communication engineering from Germany and has 11 years of industry experience. He travels frequently between Germany and India. In Germany, he also acts as an independent consultant for automotive companies like Audi, Volkswagen, General Motors and has been working with them for 8+ years. Travelling to Germany has also helped our company to find German clients.

- The domain of our official ID does not work as it's only for email communication. However, we have a different working website for our customers.

Products & Services Overview

- Developed multiple IT software during pre-corona to German clients who were the major source of our revenue.

- Now we are focused on IOT, project bidding and outsourcing.

Assets Overview

20 chairs, multiple tables, 8 desktops, 5 laptops, 1 windows server and 1 UPS.

Facilities Overview

We operate our business in a rented duplex office space which can accommodate 15 employees with 3 personal chambers for supervisors. The rent is INR 30,000 per month.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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