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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.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 100 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin Operating at loss
Industries Automotive Accessories
Locations  Hyderabad
Local Time 4:08 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Partial Stake Sale
USD 360 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 80 thousand
Documents
Pitch Deck
In Shark Tank
Our Style
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.

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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This transaction has concluded. View similar business opportunities on SMERGERS
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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