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Industrial Automation Company Investment Opportunity in Pune, India

IoT based power automation company with a ready product for industries, hospitals, hotels and homes.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 24 thousand
Run Rate Sales USD 143 thousand
EBITDA Margin 40 %
Industries Internet of Things + 1 more
Locations  Pune
Local Time 3:14 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 420 thousand for 4.0% stake (Native Currency: INR 35,000,000)
Reason: For team expansion, market penetration, facility expansion, marketing expenses.
Includes physical assets worth USD 3.6 thousand
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Business Name
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Business Overview
- Company has developed products for power automation, based in Pune that started operations in 2018.
- The power automation system helps companies and individuals save their total power consumption and gives them control over their machines/appliances from a single source.
- The hardware is manufactured by a third party manufacturer. The software and user interface are developed by our team.
- Our target customers are industrial companies, hotels, and the B2C market.
- We also cater to the B2C market and have introduced a home automation system.
- Our clients include Aditya Birla Memorial Hospital and have also recently partnered with the Praj group to set up our systems for them.
- Have a work order worth INR 1 crore for a parking light automation project.
- We are among the top 30 startups sponsored by Govt of India to attend an event in Helsinki, Finland.
Products & Services Overview
We are an IoT and automation company with a ready product for industry, hospital and home power automation.
Assets Overview
Computers and infrastructure.
Facilities Overview
Rented a single floor facility with an area 850 of sq ft.
Capitalization Overview
Not Disclosed
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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