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Internet of Things Business Investment Opportunity in Jamshedpur, India

Business developing software and applications for the manufacturing industry, currently working with 4 companies.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 70 thousand
Run Rate Sales USD 90 thousand
EBITDA Margin 40 %
Industries Application Software + 1 more
Locations  Jamshedpur
Local Time 5:01 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 180 thousand for 10.0% stake (Native Currency: INR 15,000,000)
Reason: To hire more individuals and to invest in research and development of our products.
Includes physical assets worth USD 5.4 thousand
Interested to connect with advisors
Documents
Business Overview

- A business developing software and applications for 4 verticals - image processing, deep / machine learning, data analytics, IoT.

- Based in Jamshedpur, and have started operations in 2018.

- Have developed 3 software till date.

- Currently working with 4 companies under Tata Group of Companies.

- We are looking to target other companies in the manufacturing industry such as NALCO and Jindal Steel.

- Physical assets include office setup.

Products & Services Overview

We work in the field of: Image processing, Internet of Things, Deep Learning, Data Analytics.

Have 3 products -

1) It can detect intrusions, identify / count humans, track objects.

2) It is a trainable software that can be trained to detect a wide variety of objects. It has its core around deep learning.

3) A real-time data monitoring, control, and automation system which can be used in a wide range of scenarios. The device is a highly versatile, programmable micro controller which has its core around IoT.

Facilities Overview

We have one rented office space in Jamshedpur and are on the verge of getting another space in Bangalore.

Capitalization Overview
Not Disclosed
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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