GPS Devices Company Investment Opportunity in Bangalore, India

Business with experienced promoters searching for investors for a unique product with GPS applications.

Established	5-10 year(s)
Employees	5 - 10
Legal Entity	Private Limited Company
Reported Sales	Nil
Run Rate Sales	USD 100 thousand
EBITDA Margin	Nil
Industries	GPS Devices
Locations	Bangalore
Local Time	5:34 PM Asia / Kolkata
Listed By	Business Owner / Director
Status	Active

6.5 / 10

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Partial Stake Sale

USD 30 thousand for 15.0% stake (Native Currency: INR 2,500,000)

Reason: Procurement of hardware and marketing. Looking for a partner to help grow the business.

Includes physical assets worth USD 70 thousand

Documents

ROC-Verification.pdf

ROC-Verification.pdf (60.0 KB)

Business Overview

- All 8 promoters all have 15+ years of experience in different industries.

- Currently, there is a GPS product that helps in the tracking and live updating of vehicles. This has been developed and deployed.

- 400+ units sold already.

- The business also has a business centre with 70+ seats. This is a working space for companies to work out of.

- Looking for investors to start the development of a GPS product for the monitoring of kids and pets.

Products & Services Overview

GPS solutions, Energy modeling for industrial and residential purpose. Business center for plug and play type with 4000 square feet area in well known area in Bangalore.

Facilities Overview

Readily available 4000+ square feet are with more than 80 people seating capacity. Proven GPS solution with recurring monthly income.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
Head - Engineering, Project Management Expert, Bangalore, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Manager, Oil & Gas, Dubai, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Director, IT, Pune, Corporate Investor / Buyer connected with the Business

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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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