GPS Devices Company Investment Opportunity in Patna, India

Business attempting to bring all GPS tracking Companies under one roof, also providing installation services.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 160 thousand
Run Rate Sales USD 800 thousand
EBITDA Margin 20 %
Industries GPS Devices
Locations  Patna
Local Time 11:33 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Investment
USD 300 thousand for 25.0% stake (Native Currency: INR 22,500,000)
Reason: Expand our business to other states. Investment will also be used to procure the GPS tracking device... View More
Includes physical assets worth USD 27 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- We are a platform that connects individuals and businesses requiring GPS tracking devices installed in their vehicles with GPS tracking companies.

- Currently we have tie ups with 2 big GPS tracking devices companies and are on boarding 3 more, who supply their products to us.

- Our business helps with the installation process and after sale services. GPS tracking companies will not have to worry about the sales and after sales services.

- Currently we are only providing these services for commercial vehicles.

- There are over 230 customers for our business. B2B segment includes car manufacturers and the B2C segment includes individual car owners.

- Our customers are mainly concentrated in Jharkand, West Bengal, Kerala and Andra Pradesh. We intend to expand our operations pan India.

- Government of India has made it mandatory for all rail, road, water and air transport modules to have AIS 140 GPS devices. States such as Kerala, Bihar and Andhra Pradesh have already started implementing these measures.

- We had a very big project that we executed, which has helped increase our revenue.

Products & Services Overview

GPS device installation services, online platform.

Facilities Overview

We have 5 offices in - Patna, Kolkata, Vijaywada, Hyderabad, and Kerala.

All the offices are rented and have an area of approximately 600 Sq. Ft.

Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more