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GPS Devices Company Investment Opportunity in Mumbai, India

Company providing GPS Tracking Solutions for transport industry having sold over 1,200 units till date.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 500 thousand
Run Rate Sales USD 600 thousand
EBITDA Margin 11 %
Industries GPS Devices
Locations  Mumbai
Local Time 11:48 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 130 thousand for 20.0% stake (Native Currency: INR 10,000,000)
Reason: To buy additional hardware which will reduce our cost due to economies of scale and this would refle... View More
Includes physical assets worth USD 10 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- 2010 incorporated company providing GPS tracking hardware and software.

- Our device not only tracks the location of vehicle but also locks its engine wherever desired by the user.

- Have sold more than 1,200 units till date.

- Hardware is imported from China and a few counties in Europe, then it is assembled and configured here.

- Software is developed in-house.

- It can be used on all vehicles, especially Cabs, Buses, Trucks.

- Majority of our customers are from Maharashtra.

- Have developed an app for both Android and iOS.

- We have 5 star rating on Google Play with over 1,000 downloads, in just one year post going live.

- We have 10 field workers, 15 technical support employee and 8 back end support workers.

Products & Services Overview

We provide GPS tracking hardware and software for vehicles with installation and after sales service.

Facilities Overview

4,000 sq ft rented facility on 2nd floor with rental agreement valid till 2021.

Recent Activity
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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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