Automotive Accessories Company Investment Opportunity in Hyderabad, India
Company that has developed accessories to make the 2-wheeler rides comfortable seeks investment.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 99 thousand |
| Run Rate Sales | USD 99 thousand |
| EBITDA Margin | Operating at loss |
| Industries | Automotive Accessories |
| Locations | Hyderabad |
| Local Time | 11:18 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Partial Stake Sale
USD
350 thousand
for
10.0%
stake
(Native Currency: INR 30,000,000)
Reason: The company's vision is to become an integral part of all 2-wheelers and make commuting and riding a...
View More
Includes physical assets worth
USD
75 thousand
Documents
Additional Information
(13.9 KB)
Pitch Deck
(5.4 MB)
In Shark Tank
(62.5 KB)
Multi Utility Shield
(61.4 KB)
Guide to Smart Bike
(54.2 KB)
Our Style
(548.6 KB)
Business Overview
A. The company has developed a DIY kit that any person can install on their bike easily making it a highly scalable solution.
B. The entire mechanism of the product and IoT Module is patented and granted.
C. The company addresses the biggest problems that millions of Indians face on a daily basis. There is no other solution there in the market that comes close to the company's product.
D. The infotainment platform is given free of cost to users and instead the company will monetize the large amounts of user travel data by carrying deep data analytics and selling to different industries such as motor insurers, bike resellers, etc.
E. Company's vision is to build the company's platform into the de-facto super app for all 2-wheeler needs ranging from bike servicing, and trip planning to even accident identification.
F. The company was also awarded, Nidhi Prayas Grant, and the business was a part of the TiE Nurture Program and SINE IIT B incubator.
H. Company's mission is to provide millions of bike riders across the globe with the important comforts of a car.
B. The entire mechanism of the product and IoT Module is patented and granted.
C. The company addresses the biggest problems that millions of Indians face on a daily basis. There is no other solution there in the market that comes close to the company's product.
D. The infotainment platform is given free of cost to users and instead the company will monetize the large amounts of user travel data by carrying deep data analytics and selling to different industries such as motor insurers, bike resellers, etc.
E. Company's vision is to build the company's platform into the de-facto super app for all 2-wheeler needs ranging from bike servicing, and trip planning to even accident identification.
F. The company was also awarded, Nidhi Prayas Grant, and the business was a part of the TiE Nurture Program and SINE IIT B incubator.
H. Company's mission is to provide millions of bike riders across the globe with the important comforts of a car.
Products & Services Overview
Products include-A. DIY device that can be installed on any 2-wheeler to provide riders with complete weather protection.
B. ThighPads - An easy-to-use add-on accessory designed to protect the legs of the riders.
In any kind of rain.
C. IoT module – A smart electronic device that connects to any 2-wheeler and it provides The rider with android-auto-like infotainment comforts on a bike.
Assets Overview
Physical assets include product designs of -A. DIY device that can be installed on any 2-wheeler to provide riders with complete weather protection.
B. ThighPads - An easy-to-use add-on accessory designed to protect the legs of the riders.
In any kind of rain.
C. IOT module – A smart electronic device that connects to any 2-wheeler and it provides.
Intangible assets include the online platform and tech.
Facilities Overview
The company has a small rented office in Hyderabad.
Capitalization Overview
The business is currently funded with the help of investor equity capital. In the beginning, the.Promoters have invested INR 50 lakh to start the initial R&D. Over the due course, the startup has raised about INR 4 crore in equity funding to expand the business.
Recent Activity
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Earlier than 15 daysLead Design Engineer, IT, Himachal Pradesh, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysIndividual, Technology And Marcom, Raleigh, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysMD, Stone And Sand Mining, Wankaner, Corporate Investor / Buyer connected with the Business
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