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Bags Manufacturing Company Equity Stake For Sale in Kolkata, India

Smart travel technology company manufacturing patented IoT-enabled luggage and accessories for domestic and global markets.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 1.27 million
Run Rate Sales USD 1.47 million
EBITDA Margin 7 %
Industries Bags Manufacturing + 1 more
Locations  Kolkata + 1 more
Local Time 8:59 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Partial Stake Sale
USD 1.6 million for 20.0% stake (Native Currency: INR 150,000,000)
Reason: The company is raising capital to accelerate growth rather than validate its business model. Having ... View More
Includes physical assets worth USD 10.6 thousand
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Business Overview
• India-based travel technology company developing IoT-enabled smart luggage, backpacks, wallets, and travel accessories with proprietary security and tracking features.
• Offers a portfolio of smart travel products, including fingerprint lock backpacks, anti-lost smart wallets, smart luggage, and connected travel accessories designed to enhance convenience and travel security.
• Serves over 100,000 customers across India and international markets, catering to frequent travellers, working professionals, corporate executives, and students.
• Products incorporate proprietary technologies such as biometric security, anti-lost alerts, live tracking, and IoT connectivity to address theft prevention, asset tracking, and travel convenience.
• Recognized as India's first smart luggage brand and generates revenue through direct-to-consumer sales, corporate (B2B) orders, e-commerce marketplaces, exports, and offline retail channels.
• Founded by an experienced team with expertise in technology, branding, finance, and product innovation.
• Has established strategic collaborations with HPCL, Singapore Airlines, and Akasa Air.
• Supported by DST, MeitY, NRDC, and IIT Mandi, reflecting strong institutional backing for innovation and product development.
• Recipient of the National Startup Award and featured on Shark Tank India Season 3.
• Owns a portfolio of eight published patents in smart travel technology.
• Operates an in-house manufacturing facility with a production capacity of approximately 200,000–300,000 units per month.
Products & Services Overview
The business designs and manufactures IoT-enabled smart luggage, fingerprint lock backpacks, anti-lost smart wallets, and connected travel accessories. Its clientele includes frequent travellers, corporate customers, working professionals, students, retailers, and distribution partners across domestic and international markets.
Assets Overview
Tangible Assets.
- Laptops and IT infrastructure.
- Office furniture and fixtures.
- Operational tools and equipment.
- Inventory and warehouse assets.

Intangible Assets.
- 8 Intellectual Property (Patent) filings.
- Proprietary product designs.
- Brand assets and trademarks.
- Technology know-how.
- Customer database and digital assets.
Facilities Overview
The business operates from a leased three-floor manufacturing and assembly facility in Kolkata, equipped for product assembly, quality control, inventory management, packaging, and dispatch operations. The facility supports the company's in-house manufacturing activities and current production capacity of approximately 200,000–300,000 units per month.
The registered address is in New Delhi.
Capitalization Overview
The business has been funded through Founder Capital, Pre-Seed and Seed investments, along with strategic institutional backing from startup ecosystem partners.

- Outstanding Loans: Working capital facility, institutional borrowings of 27L.

- Shareholding: The company currently has 15 shareholders, including founders, angel investors, institutional investors, and startup ecosystem partners.
Recent Activity
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2 Investors contacted this Business this month. Register below to connect now!
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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