GPS Devices Company Seeking Loan in Chandigarh, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 400 thousand |
Run Rate Sales | USD 500 thousand |
EBITDA Margin | 15 % |
Industries | GPS Devices + 1 more |
Locations | Chandigarh |
Local Time | 4:58 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- The company has two founders with experience of 10+ years of the telematics industry.
- We are specialists in fuel monitoring solutions.
- Last year we were in the top 10 in the Asia Pacific region in the Wialon rating.
- We are an exclusive partner with the company Mechatronics based in Belarus for fuel sensors for more than 4 years.
- We are serving 250+ customers and 15+ corporates.
- The company is making revenue with hardware sales, subscription per vehicle, and AMC plans.
- Business is registered in Chandigarh but the office is in Mohali.
We are a tailor-made solution provider for vehicle tracking using GPS and fuel monitoring solutions for fleets and machines used in different types of industries like construction, FMCG, pharma, logistics, cold chain & schools.
Assets include 29+ laptops, 26 computers, office furniture, MG hector car, kitchen essentials, and INR 35 lakh+ stock.
Intangible assets include the company website, white-labeled web apps & mobile app.
We have a rental office of one full floor with an area of approx 2,500 square feet in Mohali sector 75.
We are currently funded with INR 40 lakh CGT MSME overdraft from Canara Bank, term business loans from banks INR 40 lakh, and director loans of INR 1 crore and INR 80 lakh. Both directors have 50-50 % shareholding.
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Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
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Earlier than 15 daysPresident, Oil And Gas, Houston, Individual Investor / Buyer connected with the Business