GPS Devices Company Investment Opportunity in Bangalore, India
- 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.
Indoor navigation application allowing users to navigate within Hospitals, malls and airports.
Earlier than 15 daysSenior Manager - Transactions, New Delhi, M&A Advisor connected with this business