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Internet of Things Business Investment Opportunity in Mumbai, India

In room automation for Healthcare industry through enabled wifi for all electrical / electronics seeking Investment.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 35 thousand
Run Rate Sales USD 500 thousand
EBITDA Margin 35 %
Industries Internet of Things
Locations  Mumbai
Local Time 12:18 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 240 thousand for 25.0% stake (Native Currency: INR 20,000,000)
Reason: Startup Seeking partner to fund the company for Operations and Order execution.
Documents
Business Overview

- Provide complete in room automation solution for Healthcare sector controlled through one tough app for all electronics & electrical with 100% enabled wifi.

- We provide retrofit solution by installing a master device to the switch board and making it automated.

- We have done a pilot sale in 2014 for Apollo Hospital Chennai (2 properties. We have also installed in a new hotel in Mumbai named JW Marriot Sahar.

We have installed Smartroom at the Presidential Suite and Knowledge HUB of Aster Medicity - Kochi.

- Our charges for the service ranges between Rs. 70 thousand to Rs. 2.50 lacs.

- We have new orders for United 21 in Mumbai for 32 room that is priced at Rs. 73 lacs.

- We provide customized solution to our clients which takes 24 hours to make changes to the app and our hardware installation take about 4 hours leading it to faster installation.

- We are actively seeking funds for promotions and executing orders.

Products & Services Overview

- IN room Automation App.

- Hardware modules to connect switches.

- Room Master Controller.

- Wifi Router.

Facilities Overview

500 Sq feet rented property in Andheri West.

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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