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GPS Devices Company Investment Opportunity in Bangalore, India

Vehicle tracking platform with 10,000+ vehicles across India, offering real-time GPS solutions seeks funds.

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
Overall Rating
Partial Stake Sale
USD 180 thousand for 5.0% stake (Native Currency: INR 15,000,000)
Reason: Business expansion in terms of clients. The valuation is based on previous rounds of fund raising an... View More
Includes physical assets worth USD 12 thousand
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Business Overview
- Offer a hardware-first approach where customers purchase GPS tracking devices and then subscribe to our GPS software for real-time tracking and additional services. Our software includes features like live location tracking, ignition alerts, trip history, geo-fencing, and remote engine control.
- 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.
Products & Services Overview
Top-selling product is the GPS device, which includes both hardware and software components. The device is primarily used for vehicle tracking and monitoring.
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.
Assets Overview
- Computer systems.
- Office furniture.
- Inventory of GPS trackers.
Facilities Overview
The business is operational out of Bengaluru with a rented office premises.
Sq ft area of 2,500.
Rent per month 1.5 lakhs.
Capitalization Overview
- Business is funded by existing cash flows from the customers.
- In the past, we raised INR 1.5 crore in equity investment.
- Shareholders are 13.
- INR 20 lakhs worth of loans outstanding.
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3 Investors viewed this Business this week. Register below to connect now!
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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