Automotive Accessories Company Investment Opportunity in Hyderabad, India
Company that has developed accessories to make the 2-wheeler rides comfortable seeks investment.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 98 thousand |
| Run Rate Sales | USD 220 thousand |
| EBITDA Margin | Operating at loss |
| Industries | Automotive Accessories |
| Locations | Hyderabad |
| Local Time | 5:45 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Partial Stake Sale
USD
460 thousand
for
13.0%
stake
(Native Currency: INR 40,000,000)
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
Pitch Deck
(6.0 MB)
In a TV episode
(62.5 KB)
Multi Utility Shield
(61.4 KB)
Guide to Smart Bike
(54.2 KB)
Our Style
(548.6 KB)
Demo - YouTube Link
(11.8 KB)
ROC-Verification.pdf
(66.2 KB)
Business Overview
- DIY kit that any person can install on their bike easily making it a highly scalable solution.
- The entire mechanism of the kit and IOT module is patented and granted.
- The DIY kit addresses the biggest problems that millions of Indians face on a daily basis and there is no other solution there in the market that comes close to this DIY kit.
- The infotainment platform is given free of cost to the users and they will monetize the large amounts of user travel data by carrying deep data analytics and selling to different industries such as motor insurers, and bike resellers.
- Their vision is to build a platform into the de-facto super app for all 2-wheeler needs, ranging from bike servicing, trip planning to even accident identification.
- Company's sales have been growing every month on the back of advertising and publicity from Shark Tank.
- Also awarded with the Nidhi Prayas Grant. They were a part of the Tie Nurture Program and an IIT- B incubator.
- The entire mechanism of the kit and IOT module is patented and granted.
- The DIY kit addresses the biggest problems that millions of Indians face on a daily basis and there is no other solution there in the market that comes close to this DIY kit.
- The infotainment platform is given free of cost to the users and they will monetize the large amounts of user travel data by carrying deep data analytics and selling to different industries such as motor insurers, and bike resellers.
- Their vision is to build a platform into the de-facto super app for all 2-wheeler needs, ranging from bike servicing, trip planning to even accident identification.
- Company's sales have been growing every month on the back of advertising and publicity from Shark Tank.
- Also awarded with the Nidhi Prayas Grant. They were a part of the Tie Nurture Program and an IIT- B incubator.
Products & Services Overview
Products include:A. DIY device that can be installed on any 2-wheeler to provide riders with complete weather protection.
B. 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 the prototypes and inventory of the following:A. DIY device that can be installed on any 2-wheeler to provide riders with complete weather protection.
B. 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, tech, and product designs.
Facilities Overview
The company has a small rented office in Hyderabad.
Capitalization Overview
The business is currently funded with the help of an investor's equity capital. In the beginning, the promoters invested INR 50 lakh for the initial R&D. Over the due course, the startup has raised about INR 4 crore in equity funding to expand the business. The investors include Mumbai.Angels, SucSEED Ventures, Dexter Angels, Ah Ventures, StartupLanes, HEM Securities, Peyush.
Bansal and a range of other HNIs.
Recent Activity
-
Earlier than 15 daysCo-Founder, IT Services, Mergers And Acquisitions, Head Hunting, Pune, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, IT, Bangalore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysPartner, Edible Oil, Hapur, Corporate Investor / Buyer connected with the Business
Tags:
Automotive Accessories Company Investment Opportunity in Hyderabad, India
·Invest in Automotive Accessories Company in Hyderabad, India
·Automotive Accessories Company Investment Opportunity
·Investment Opportunity in Hyderabad, India
·Invest in Automotive Accessories Company
·Invest in Hyderabad, India
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