Internet of Things Company for Sale in Bangalore, India
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 300 thousand |
Run Rate Sales | USD 360 thousand |
EBITDA Margin | 8 % |
Industries | Internet of Things |
Locations | Bangalore |
Local Time | 2:30 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Technology solutions company founded by IT industry veterans each with more than 30 years of experience and focused on providing solutions for smart residential complexes and commercial offices.
- We have been addressing the smart community market by providing IoT based solutions for nearly 10 years.
- We provide complex system integration services including design and implementation to various real estate and enterprise customers addressing security and safety features dominantly. Smart homes and smart township solutions have been implemented with various builders.
- We have developed in-house IoT software to provide home automation, surveillance, intrusion detection, CCTV, smart lighting systems.
- During the journey, the company has a cumulative base of 50 plus customers and active engagement with 25 plus customers.
- Majority of our revenue is from residential complex projects and some of our notable clients are Prestige Group, Brigade Group and Vaishnavi Constructions.
- Company has been growing steadily as well as investing in solution frameworks and product development.
- The order book and proposal pipeline are also robust.
- The company was selected by Brigade REAP accelerator for undergoing the accelerator program amongst 200 plus applicants. The program has been completed successfully.
- The depth and width of technology experience and expertise of founders is a big plus in the creation of new solutions and proposing solutions for complex problems.
- Company also has applied for a patent which is in the advanced stage of the award.
- Physical assets include furniture, hardware, computers and laptops. Intangible assets include a working website, 3 new domains, patent, software.
- Smart home solution and implementations, smart safety and security solutions, video surveillance, access control, vehicle and visitor automation as well as video analytics enablement for residential and commercial properties.
- Smart township solutions including aspects of energy management, lighting automation, guard patrol management and water distribution (under co-development).
- IoT solution development using the pre-developed building blocks for this sector. Domain-based web and mobile applications.
Currently using 1,800 sq ft rented space with office and workstation infrastructure installed by company for 40 people. Many demo set-ups of Smart Homes, Lighting Automation and Video Surveillance are available.
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Earlier than 15 daysDirector, IT, Bangalore, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector - Sales And Program Management, IT Services, Chennai, Individual Investor / Buyer connected with the Business