Profitable Automotive Systems Business Investment Opportunity in Hassan, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 80 thousand |
Run Rate Sales | USD 140 thousand |
EBITDA Margin | 40 % |
Industries | Automotive Systems + 1 more |
Locations | Bangalore + 1 more |
Local Time | 12:17 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Our startup was established 3 years ago and mainly worked on IT & IoT-related projects.
- We started with 2 employees and at present, we have 15 full-time employees and 3 consultants.
- IoT projects: we are working with multiple agro-tech companies in order to support them with precision agriculture.
- We have multiple suppliers (for AI, hardware, and IT) in order to achieve excellent quality in an impeccable timeline.
- Senior management has a master's in Information and communication engineering from Germany and has 13 years of industry experience. He travels frequently between Germany and India. In Germany, he also acts as an independent consultant for automotive companies like Audi, Volkswagen, and General Motors and has been working with them for 8+ years. Traveling to Germany has also helped our company to find German clients.
- The domain of our official ID does not work as it's only for email communication. However, we have a different working website for our customers.
Supporting automotive clients on cybersecurity solutions, both in terms of consulting and also providing end to end solutions.
20 chairs, multiple tables, 8 desktops, 5 laptops, 1 windows server and 1 UPS.
We operate our business in a rented duplex office space which can accommodate 15 employees with 3 personal chambers for supervisors. The rent is INR 40,000 per month.
There is only a 5 Lakh OD from the bank, other than this there are no other loans. Its family funded. No external investors as such.
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Earlier than 15 daysDirector, IT Services, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysVice President, Information Technology Services, Aldie, Corporate Investor / Buyer connected with the Business