Internet of Things Business Seeking Loan in Kuwait City, Kuwait
Company selling IoT innovative tech management devices to 15+ B2B clients seeks investment.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | INR 2 - 3 crore |
| Run Rate Sales | INR 2.7 crore |
| EBITDA Margin | 0 - 10 % |
| Industries | Internet of Things |
| Locations | Kuwait City |
| Local Time | 1:51 PM Asia / Kuwait |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
INR
1.4 crore
for
5.5%
annual interest,
1
year
(Native Currency: KWD 50,000)
Reason: Need funds for purchasing more brands and stocks for the current clients, as well as for potential c...
View More
Collateral Available: INR 98 lakh
Includes physical assets worth
INR
1.4 crore
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- We generate 70% of the revenue by selling IoT devices. We import the products from the US, Canada, and Switzerland.
- Our range of smart devices seamlessly integrates with lifestyle, providing convenience, security, and energy efficiency.
- We supply to 15+ B2B clients. They order regularly from us. Also, supply to 70-80 B2C customers monthly.
- Have 3 permanent employees and 2 contract-based employees.
- Posses Commercial License and Trade License.
- Our range of smart devices seamlessly integrates with lifestyle, providing convenience, security, and energy efficiency.
- We supply to 15+ B2B clients. They order regularly from us. Also, supply to 70-80 B2C customers monthly.
- Have 3 permanent employees and 2 contract-based employees.
- Posses Commercial License and Trade License.
Products & Services Overview
B2B and B2C projects, E-commerce (retail, healthcare, education).IoT products.
* Smart home lights.
* Smart cameras.
* Smart door lock.
* Gaming.
Health and fitness:
* Protein blenders.
* Software development.
* Web and app development.
* POS.
Assets Overview
Tangible:Stock, computer, furniture, mobile products.
Intangible:
Software solutions, and projects.
Facilities Overview
The office is rented and is a fully furnished area 100 sqm. It is located in the north of the city.
Capitalization Overview
- Business Is self-funded with a single owner.- Two shareholders for legal purposes.
- Healthy outstanding payment against receivables.
- Have upcoming projects lined up.
Recent Activity
-
Earlier than 15 daysProject Manager, Telecommunications, Kuwait City, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysSoftware Engineer, Software, Chicago, Individual Investor / Buyer connected with the Business
Tags:
Internet of Things Business Seeking Loan in Kuwait City, Kuwait
·Home Automation Business Seeking Loan in Kuwait City, Kuwait
·Lend to Internet of Things Business in Kuwait City, Kuwait
·Lend to Home Automation Business in Kuwait City, Kuwait
·IoT Business Seeking Loan in Kuwait City, Kuwait
·Lend to IoT Business in Kuwait City, Kuwait
·Internet of Things Business Seeking Loan
·Home Automation Business Seeking Loan
·Lend to Internet of Things Business
·Lend to Home Automation Business
·IoT Business Seeking Loan
·Lend to IoT Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
2 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 124,500+ other businesses of all sizes.
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.
You might also be interested in these businesses