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Drones Company Seeking Loan in Rajahmundry, India

Business specializing in providing innovative drone-based solutions for industrial and commercial applications, seek funding.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 29 thousand
Run Rate Sales USD 55 thousand
EBITDA Margin 40 %
Industries Drones
Locations  Rajahmundry
Local Time 4:27 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 290 thousand for 12.0% annual interest, 7 years (Native Currency: INR 25,000,000)
Reason: We want to set up an R&D unit and remote piloting organization to develop our services. The loan ca... View More
Collateral Available: USD 346 thousand
Includes physical assets worth USD 17.3 thousand
Interested to connect with advisors
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Business Name
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Documents
Pitch Deck
Audit Report 1
Audit Report 2
Angaru MOU
Shresta Farms MOU
DIIP registration
Business Overview
- Based in Rajahmundry, the company specializes in providing innovative drone-based solutions tailored for industrial and commercial applications.
- Focused primarily on agriculture, infrastructure, and defense sectors, the firm is positioned to revolutionize labor-intensive industries with cutting-edge technology.
- The company has established strong client relationships with prestigious organizations, including Angaru University, ITC, Agri DNA, Shresta Farms, and individual farmers, demonstrating versatility in its client base.
- Operating on a monthly project execution revenue model, the business efficiently capitalizes on ongoing and repeating projects, ensuring a steady revenue stream.
- The firm has inked multiple Memorandums of Understanding (MOUs) with partners to expand its reach and capabilities, including a recent agreement with a defense company, indicating growth potential in this sector.
- Currently handling two significant in-hand projects in defense and agricultural spraying, the company showcases its capacity to manage diverse and complex assignments.
- Design and assembling is in-house but the manufacturing is outsourced.
- Currently delivering 3-4 defense projects and several seasonal agricultural projects annually, ensuring a diverse project portfolio.
Products & Services Overview
Offering innovative drone-based solutions with a focus on defense, agriculture, infrastructure, and UAV management.
Key offerings include:
- Defense solutions: Surveillance and tactical support, managing defense projects with drones for enhanced security operations.
- Remote piloting: Expert piloting of unmanned aerial vehicles (UAVs) across sectors.
- Agriculture spraying: Automated drone-based spraying for farms, improving efficiency for individual farmers and agricultural partners.
- UAV management & surveillance: Managing fleets of drones for infrastructure monitoring, aerial surveillance, and data collection.
These solutions cater to a broad client base, from farmers and universities to large companies and defense organizations.
Assets Overview
Physical assets include:
- Drones.
- Accessories.
- Laptops.
- Vehicles.
- Cad models.
Facilities Overview
Operating from a rented facility of 5,000 sq ft located in Dowlaiswaram, Rajahmundry.
We plan to establish a manufacturing unit with the funding we acquire and produce all products in-house.
Capitalization Overview
Self funded.
There are 4 shareholders and 2 business owners. Promoter holds 51% shares currently.
Recent Activity
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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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