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Internet of Things Business Investment Opportunity in Bengaluru, India

Providing IoT solutions for drinking water facility management to government, (pilot project done)

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 280 thousand
Run Rate Sales USD 280 thousand
EBITDA Margin 40 %
Industries Internet of Things
Locations  Bengaluru
Local Time 3:58 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 350 thousand for 50.0% stake (Native Currency: INR 30,000,000)
Reason: Funds will be used to expand, explore the more opportunities and increase our customer base.
Includes physical assets worth USD 580 thousand
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Business Name
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Business Overview
- IoT solutions company that provides drinking water monitoring solutions across the state.
- We are service provider/liaison agent to the government and have conducted a pilot project with Govt. departments as well.
- Our services include providing IoT solutions for the installation of drinking water facilities.
- We plan to start large scale and plan to provide solutions that are needed by the government.
- Since our inception, we have been working with the government on a contractual basis.
- We only have one ongoing project with the government which gets renewed annually.
- We also have potential future contracts for the next 10 years with different government departments.
- This is a sole proprietorship business.
- The business has not taken any loans previously.
Products & Services Overview
We provide sensors based IoT solutions with the latest technology in drinking water monitoring.
Also, plan to introduce health care solutions that use IoT technology.
Assets Overview
Physical assets include a 3,000 sq ft industrial building in Bangalore Peenya Industrial Area which is owned by the business.
Facilities Overview
We have a facility with an area of 3,000 sq ft which is owned by the business. also can join hans if Investor have infrastructure.
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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