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Internet of Things Business for Sale in Mangalore, India

For Sale: Telematics/IoT firm with product developed & improvised over the period with happy customers.
This transaction has concluded.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 54 thousand
Run Rate Sales USD 60 thousand
EBITDA Margin 20 %
Industries Enterprise Software + 1 more
Locations  Mangalore
Local Time 3:20 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 120 thousand (Native Currency: INR 10,000,000)
Reason: - We are into other businesses and unable to dedicate sufficient time to this business. - We believ... View More
Includes physical assets worth USD 18 thousand
Interested to connect with advisors
Documents
Company Profile
GST Certificate
Business Overview

- Company with expertise in cutting edge technology, driven by values to provide robust & stable products.

- We are a software company with our own in house developed IoT based fleet management software.

- Our software product is the telematics platform with proven results for reliability and accuracy. This platform is AIS140 compliant. Servers are horizontally and vertically scalable.

- This is a SaaS platform and we generate revenue through monthly subscription fees.

- We have 15-16 paying clients at the moment. Clients are primarily from the logistics sector.

- Business has 2 partners with equal shares.

- Business has no liabilities.

Products & Services Overview

Web application, back end with firmware, mobile applications for Android & iOS.

Assets Overview

- Vehicle tracking devices worth INR 15 lakhs.

- Telematics and IoT platform with complete source code which was designed, developed and updated over the past 6 years.

- Mobile application source code.

Facilities Overview

It is an online business with monthly revenue from the existing customer base. We do not have office space.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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