Internet of Things Business Investment Opportunity in Chennai, India
IoT enabled energy saving device for homes with air purification and devices control ( wireless )
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 36 thousand |
| Run Rate Sales | USD 60 thousand |
| EBITDA Margin | 20 % |
| Industries | Air Purification + 1 more |
| Locations | Chennai |
| Local Time | 1:43 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Partial Stake Sale
USD
24 thousand
for
25.0%
stake
(Native Currency: INR 2,000,000)
Reason: Manufacture 1000 units of the unit to sell at competitive prices in the market in India and the Midd...
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Interested to connect with advisors
Documents
Brochure
(310.7 KB)
Business Overview
- We have built an IoT enabled device that purifies the air and also saves energy of 15 to 20.
- Provides automated room temperature control with user configure environment setting.
- The device can be controlled & access using remote device like smart-phone.
- Have inquiries from Muscat, Qatar on hand of 1,000 units.
Products & Services Overview
Air purifying device.
Facilities Overview
2000 sq ft. manufacturing facility through friends in China for large quantity production.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysSenior Development Manager, Banking, Singapore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Business Consultancy, Bangalore, Individual Investor / Buyer connected with the Business
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