GPS Devices Company Investment Opportunity in Bangalore, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 256 thousand |
Run Rate Sales | USD 285 thousand |
EBITDA Margin | 20 - 30 % |
Industries | GPS Devices |
Locations | Bangalore |
Local Time | 5:09 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Recently Active |
- We currently track over 10,000 vehicles across India, catering to both individual customers and businesses.
- Our revenue model includes hardware sales with a one-time purchase of GPS tracking devices priced at ₹999, subscription services with recurring revenue from GPS software plans ranging from ₹299/month to ₹5,999 for a 5-year term, and an annual maintenance charge (AMC) of ₹495 per year for ongoing software support.
- The business is led by a graduate from IIT Kharagpur with 4 years of experience at Schlumberger, providing us with strong technical and operational expertise.
- We maintain robust business relationships with logistics companies, fleet managers, and individual vehicle owners, supported by reliable supply chain and distribution networks for hardware.
- We have been recognized and selected by prestigious programs such as the Bosch DNA Program, Microsoft Founders Program, and Google for Startups.
- Our current focus includes SMEs and consumers, with 75% of our revenue coming from B2B sources (cabs and transport industry)
- We hold licenses such as GST and CIN.
- Manufacturing of our hardware is outsourced to 10 suppliers.
- The company is registered in Mumbai and operates out of Bengaluru.
Who uses them and how:
- Fleet managers use the platform to monitor multiple vehicles in real time, optimize routes, and ensure driver compliance.
- Individual vehicle owners use the GPS tracker to monitor their personal vehicle’s location, set speed alerts, and track trips for safety and efficiency.
- Logistics companies use it for fleet management and route optimization to reduce operational costs.
- B2C consumers are everyday users who need vehicle security and monitoring solutions for their cars or bikes.
- Office furniture.
- Inventory of GPS trackers.
Sq ft area of 2,500.
Rent per month 1.5 lakhs.
- In the past, we raised INR 1.5 crore in equity investment.
- Shareholders are 13.
- INR 20 lakhs worth of loans outstanding.