GPS Devices Company Investment Opportunity in Bangalore, India

Indoor navigation app being used in 2 Indian airports and completed pilot-phase in Budapest airport.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 160 thousand
EBITDA Margin
Operating at break even
Industries
GPS Devices + 1 more
Locations
Local Time
2:55 AM Bangalore
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 9 million for 25.0% stake (Native Currency: INR 690,000,000)
Reason: Technology upgradation, marketing, hiring employees, installing application in more airports, hospit... View More
Includes physical assets worth USD 5.3 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Business has developed an indoor navigation application and is based in Bangalore.

- The application allows users to navigate inside malls, hospitals and airports.

- Technology has been developed in house.

- Application is operational in Cochin and Mumbai airport. Pilot phase is going on in the Budapest Airport, and we have received verbal agreement from South African airports.

- South African Airport project is expected to generate revenues of 500 Million USD.

- Business has 2 revenue models - 1) License the application to airports, hospitals and malls, 2) Revenue from advertisement.

- Our business has been valued at 30 Million USD, and is expected to rise once the South African airports have been confirmed.

- Business does not own any large physical assets.

Products & Services Overview

Indoor navigation application allowing users to navigate within Hospitals, malls and airports.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Senior Manager - Transactions, New Delhi, M&A Advisor connected with this business
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