Home Automation Startup Investment Opportunity in Pune, India

Consumer IoT products manufacturing company based out of Pune seeks funding for expansion.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 70 thousand
EBITDA Margin
40 %
Locations
Local Time
5:12 AM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 70 thousand for 20.0% stake (Native Currency: INR 5,000,000)
Reason: Expansion in domestic and international market.
Includes physical assets worth USD 28 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Currently having 2,450+ clients using the company's smart Home Products in across world.

- In India having 25+ channel partners in Maharashtra, Gujarat, Madhya Pradesh, Karnataka,

Delhi, Chennai, Rajasthan, Andhra Pradesh, Tamilnadu.

- Global sales channel partner in South Africa, Abhu Dhabi and Ecuador USA.

- Promoters have 5 years of experience in the field of automation and artificial intelligence.

- Bank of India has provided a funds of INR 5 lakhs, under Start Up India Initiative. In the process of extending this fund upto 20lakhs.

- Also have some OEM offers in hand.

Products & Services Overview

Home Automation Products, Smart Home solution, Wi-Fi smart Home.

Facilities Overview
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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