Bags Manufacturing Company Investment Opportunity in New Delhi, India

- Annual recurring revenue (ARR) reached Rs 12 crores, marking a 4x increase over the past year.
- Company has maintained profitability amidst rapid expansion, indicating sustainable business practices.
- The customer base has expanded to over 35,000, with the acquisition of 8 patents and support from MEITY, DST, NRDC, and DoT, affirming the company's innovative edge.
- Introduced a wide range of products including smart luggage, smart wallets, featuring anti-theft/anti-lost technology, "ring my phone/wallet" functionality, power charging capabilities, and a location tracker, providing users with unparalleled security and convenience.
- Our innovative solutions encompass 3 verticals, bags, luxury leather goods, and luggage, each designed with unique features such as unlocking in 0.1 seconds, a USB charging port, and support for up to 10 fingerprints, offering a blend of security, convenience, and luxury.
- Secured significant orders, including an INR 1.8 Cr order from GAIL, an INR 25 Cr order from a USA distributor, an INR 12 Cr order from Gujarat, Maharashtra, and Karnataka distributors, and an INR 8 Cr order from Czech & Malawi distributors, indicating robust market demand and an expanding global presence.
- Continues to be at the forefront of employing IoT, BLE, UWB location technologies, and AirPort Prompt in smart luggage solutions, enhancing security and user convenience.
- Garnered widespread media attention and accolades, featuring in Electronics for You Magazine, Business Today, India Today, and on leading news channels; received awards and a grant of INR 51 lakhs from DoT, MEITY, and DST.
- Achieved success on Shark Tank India, securing an investment deal with a shark, underlining the business model's viability and potential for growth.
Minimum investment size is 50L.