GPS Devices Company Seeking Loan in Hyderabad, India
MSME & Startup India registered company seeking funds to manufacture smart GPS tracking products.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 130 thousand |
| Run Rate Sales | USD 128 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | GPS Devices + 1 more |
| Locations | Hyderabad |
| Local Time | 6:27 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
2.8 million
for
15.0%
annual interest,
5
years
(Native Currency: INR 250,000,000)
Reason: Need working capital and investment for manufacturing the products.
Collateral Available: USD 3.4 million
Includes physical assets worth
USD
85 thousand
Interested to connect with advisors
Documents
Domain-Verification.pdf
(212.8 KB)
ROC-Verification.pdf
(59.7 KB)
Business Overview
Our company provides IT services & consulting and digital marketing solutions. Some of our clients are Innominds, AWS, Keste, VMware, IBM, SolarWinds, ITIL New relic. We have developed successful products in the past and now our current product is a smart vehicle and asset tracking system which was launched in July 2018. The application is live on Android and we are seeking capital for manufacturing and marketing the device. There is a huge market potential for GPS solutions. The application is tested and trial download is already done. The product will have one year warranty and some of the key features are anytime & anywhere access, towing alert, Geo-fencing.
We have obtained income tax exemption on profits under section 80-IAC of income tax act under the “Start-Up India” scheme.
Have a contract in hand for 5 years, to set up and maintain PIS vehicle tracking solution for Road Transport Corporation, Telangana.
We have obtained income tax exemption on profits under section 80-IAC of income tax act under the “Start-Up India” scheme.
Have a contract in hand for 5 years, to set up and maintain PIS vehicle tracking solution for Road Transport Corporation, Telangana.
Products & Services Overview
- Current service: Staffing Services, digital marketing, application development, consultancy service.- New service: GPS Tracking Solution.
Facilities Overview
3,000 sq. ft. rented premises with plug n play.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysPartner, Pune, Financial Consultant connected with the Business
-
Earlier than 15 daysIndividual Advisor, Mumbai, Business Broker connected with the Business
-
Earlier than 15 daysGeneral Manager - Finance, Bilaspur, Financial Consultant connected with the Business
Tags:
Technical Service Company Seeking Loan in Hyderabad, India
·Lend to Technical Service Company in Hyderabad, India
·GPS Devices Company Seeking Loan in Hyderabad, India
·IT Services Company Seeking Loan in Hyderabad, India
·Lend to GPS Devices Company in Hyderabad, India
·Lend to IT Services Company in Hyderabad, India
·IT Company Seeking Loan in Hyderabad, India
·Technical Service Company Seeking Loan
·Lend to IT Company in Hyderabad, India
·Lend to Technical Service Company
·GPS Devices Company Seeking Loan
·IT Services Company Seeking Loan
·Lend to GPS Devices Company
·Lend to IT Services Company
·IT Company Seeking Loan
·Lend to IT Company
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