GPS Devices Business Seeking Loan in Bangalore, India

Business developing ID cards for school students which can be tracked through GPS.

Established	1-5 year(s)
Employees	5 - 10
Legal Entity	Sole Proprietorship/Sole Trader
Reported Sales	Nil
Run Rate Sales	Nil
EBITDA Margin	Nil
Industries	RFID Systems + 1 more
Locations	Bangalore
Local Time	11:40 PM Asia / Kolkata
Listed By	Business Owner / Director
Status	Active

7.4 / 10

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Seeking Loan

USD 24 thousand for 15.0% annual interest, 7 years (Native Currency: INR 2,000,000)

Reason: To purchase hardware, marketing and working capital to launch business.

Collateral Available: USD 12 thousand

Includes physical assets worth USD 30 thousand

Interested to connect with advisors

Name, Phone, Email

Available after connect

Business Name

Available after connect

User Verification

Documents

Tracklab students I'd card documents. (3.4 MB)

GSTIN (3.0 MB)

Business Overview

- Manufacturer of GPS enabled ID cards, based in Bangalore.

- We are still in the pre-revenue phase.

- Our main clients will be schools - middle level and high schools.

- The ID cards are integrated with a GPS device which can be tracked through a mobile application.

- We have finished developing the software and mobile application.

- The hardware manufacturing will be outsourced to a third party company.

- We have contacted 20 schools in Bangalore, Ranchi, Hyderabad and Delhi who are interested.

Products & Services Overview

GPS enabled students ID card to track students, can also be used in other area such as vehicle tracking system, for pets and for the elderly.

Facilities Overview

Rented office having an area of 600 Sq. Ft.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
Owner, IT, Delhi, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Managing Director, ITES, Bangalore, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Senior Engineer, Electronics Engineering, Sunnyvale, Individual Investor / Buyer connected with the Business

Tags:

RFID Systems Business Seeking Loan in Bangalore, India

GPS Devices Business Seeking Loan in Bangalore, India

Lend to RFID Systems Business in Bangalore, India

Lend to GPS Devices Business in Bangalore, India

RFID Systems Business Seeking Loan in Bengaluru

GPS Devices Business Seeking Loan in Bengaluru

Lend to RFID Systems Business in Bengaluru

Lend to GPS Devices Business in Bengaluru

RFID Systems Business Seeking Loan

GPS Devices Business Seeking Loan

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GPS Devices Business Seeking Loan in Bangalore, India

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