Application Software Company for Sale in Noida, India
LIDAR + AI-based Tech Platform providing Real-time Alerts to drivers against risky driving and accident prevention.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 30 - 40 thousand |
| Run Rate Sales | USD 39 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Application Software |
| Locations | Noida |
| Local Time | 4:28 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
540 thousand
(Native Currency: INR 50,000,000)
Reason: The reason for the sale is that the owners are shifting focus to other ventures.
The high valuation ...
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Includes physical assets worth
USD
43.5 thousand
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Business Overview
- Bootstrapped, AI-based Tech platform with embedded, proprietary Sensor Fusion Algorithms, providing real-time alerts to commercial vehicle drivers against risky driving.
- Well-tested algorithms, validated across 40+ clients for Indian Drivers on Indian Roads.
- ZERO Accidents over 4.5cr+ KMs across India, since 2022.
- Massive repository of 400+ million data-packets (collected over 45 million KMs) of driving-risk data for 8000+ truck drivers in India.
- Stable, affordable device with SAAS Revenue model.
- Minimal employee overheads, implying low operational expenses and higher profit margins.
- Current drop in sales due to founders' diversifying into other ventures.
- Well-tested sensor-fusion algorithms, scalable for use in condition monitoring for heavy machinery as in IIOT 4.0 - (Industrial nternet of things 4.0) platform.
- 2 Co-Founders, both serial entrepreneurs, with 22+ years of complementary industry experience.
- Innovation validated by Industry Leaders and Forums, with various awards including.
A. CEAT Start-up Challenge 2020.
B. UP Start-up Conclave 2019.
C. SIDBI Investors Award 2019.
D. FICCI Travel Tech Award 2017.
- Early stage industry validation with incubation.
A. ST Microsystems, a global leader in semiconductor manufacturing.
B. IIM – Lucknow Start-up Incubator.
- Well-tested algorithms, validated across 40+ clients for Indian Drivers on Indian Roads.
- ZERO Accidents over 4.5cr+ KMs across India, since 2022.
- Massive repository of 400+ million data-packets (collected over 45 million KMs) of driving-risk data for 8000+ truck drivers in India.
- Stable, affordable device with SAAS Revenue model.
- Minimal employee overheads, implying low operational expenses and higher profit margins.
- Current drop in sales due to founders' diversifying into other ventures.
- Well-tested sensor-fusion algorithms, scalable for use in condition monitoring for heavy machinery as in IIOT 4.0 - (Industrial nternet of things 4.0) platform.
- 2 Co-Founders, both serial entrepreneurs, with 22+ years of complementary industry experience.
- Innovation validated by Industry Leaders and Forums, with various awards including.
A. CEAT Start-up Challenge 2020.
B. UP Start-up Conclave 2019.
C. SIDBI Investors Award 2019.
D. FICCI Travel Tech Award 2017.
- Early stage industry validation with incubation.
A. ST Microsystems, a global leader in semiconductor manufacturing.
B. IIM – Lucknow Start-up Incubator.
Products & Services Overview
AI-based Real-time Anti-collision Alerting platform helps fleet operators and corporate transportation teams (Chemicals, Hazardous Chemicals, Petrochem and oil & gas companies) ensure ZERO Road Accidents for their fleets through real-time alerts against risky driving.
Assets Overview
Tangible assets: Device inventory + BOM inventory.Intangible assets:
Compete tech stack -
A. LIDAR + IMU + GPS platform design + embedded algorithms.
B. Analytics tech stack - Python platform.
AI + python based Analytics tech stack.
Facilities Overview
- Device manufacturing and assembly outsourced to Chandigarh vendor, with scalable production facility.- Currently operating from a rental office space of 2000 sq. ft. in Noida, which includes device testing and repair facility as well.
Capitalization Overview
A. Current funding (for past 5 years): Accrued Sales.B. Funding for platform development: ~ Rs 2 CR.
C. Promoters' holding: 73% Equity.
D. Total Shareholders: 18.
Recent Activity
-
Earlier than 15 daysHead Of Automotive Division, Manufacturing Of Precision Tool, Noida, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysStrategy & Solutions Architecture, Fintech, Mumbai, Individual Investor / Buyer connected with the Business
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