9 / 10
 Hyderabad

MSME & Startup India registered company seeking funds to manufacture smart GPS tracking products.

Key Business Facts
Yearly Sales USD 128 thousand
EBIDTA Margin 30 - 40 %
Industries GPS Devices
Locations  Hyderabad
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.
Products & Services Overview
- Current service: Staffing Services, digital marketing, application development, consultancy service.
- New service: GPS Tracking Solution.
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
In talks with 3 Investors
Contact Business or Enquire on WhatsApp