Internet of Things Company for Sale in Bangalore, India

Company offering IoT solutions and smart system integration services including home and office automation.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 400 thousand
EBITDA Margin
8 %
Industries
Locations
Local Time
9:56 PM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Full Sale
Asking Price: USD 270 thousand (Native Currency: INR 20,000,000)
Reason: In line with the thought of smart enabling of homes to infrastructure (Smart Everything), promoters ... View More
Includes physical assets worth USD 40 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- 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.

Products & Services Overview

- 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.

Facilities Overview
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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