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Internet of Things Company for Sale in Bangalore, India

Provide IoT solutions and hardware for agriculture sector with more than 10 corporate clients.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 70 - 80 thousand
Run Rate Sales USD 71 thousand
EBITDA Margin Nil
Industries Internet of Things
Locations  Bangalore
Local Time 10:14 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 880 thousand (Native Currency: INR 75,000,000)
Reason: The promoter's business is at break even. We were not able to make sales as expected this year and t... View More
Includes physical assets worth USD 710
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Business Overview
- We are an IoT solution and hardware provider that mainly works in the agriculture sector.
- At present we have around 3 hardware products that monitor, control, and provide data for weather, storage, and farm conditions.
- We also have developed a software suite that acts as the management centre and is integrated with the hardware side. This allows us to enable different apps and different dashboards for different crops and users.
- IoT cloud for device management with different processing pipelines. Report and alert engine.
- Have around 10 corporate clients in India but we are in talks with companies worldwide to expand our market internationally.
- Product parts are sourced from suppliers but the entire mounting and assembly are done in-house.
- Revenue is generated from the sale of hardware and charge on each application of the software suite.
- We were not able to run the business well this year as compared to the previous one. Business is at break-even and we now are looking for a full sale of this business.
Products & Services Overview
3 hardware products and a software suite to help monitor, analyse and control variables in farm land, storage and weather data.
Assets Overview
Minimal assets such as furniture and equipment.
10 B2B clients and 60+ individual farmers.
Facilities Overview
Single floor, rented office in HSR layout, Bangalore.
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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