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Internet of Things Company for Sale in Bangalore, India

For Sale: Company that specializes in streaming media and OTT solutions to global clients.

Established 5-10 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 1 million
Run Rate Sales USD 900 thousand
EBITDA Margin 0 - 10 %
Industries Application Software + 1 more
Locations  Bangalore
Local Time 1:06 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 740 thousand (Native Currency: INR 60,000,000)
Reason: Investors are unable to devote enough time due to other business engagements.
Includes physical assets worth USD 19 thousand
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Business Overview

- Company provides engineering and R&D services in TV and OTT, automotive electronics, and embedded software for various verticals.

- The company has several IPs which include a full-fledged content management system (CMS) for OTT services and automotive digital cluster solutions.

- We have clients from across the globe including the USA, Europe, and the Asia Pacific apart from local clients.

- Some of our prestigious clients include Siti Cable Networks and Atria Communications Technologies in India, Accedo Broadband in the USA, Duekopp Adler Germany, Dialog TV Sri Lanka, and True Digital Thailand.

- Our technology partners include Google, Amazon Web Services, Qt Company, QNX Systems, and Verimatrix Inc to name a few.

- The founders have significant experience in their respective domains. Our CTO has over 40 years of experience and has held senior VP-level positions in some of the leading IT companies.

- We are self-funded and have been EBITDA positive in all years except 20-21 when we were impacted negatively by Covid. Turnover during the last financial year was around INR 6.5 crore.

- There is significant potential to increase profitability by deleveraging the existing loans of the company which is around INR 1.2 crore.

- Company has 5 shareholders, and the shareholding pattern is as follows - 35%, 46%, 6%, 6%, and 7%.

- The business has liabilities that total around INR 1.2 crore. This includes a business loan and an overdraft facility with the bank.

Products & Services Overview

End-to-end OTT services include CMS, user management, and front-end apps.

Android and iOS mobile spplication development.

Embedded software for consumer electronics, automotive, industrial, medical, and IOT devices.

Cloud-based solutions and services.

Product testing services.

Assets Overview

The tangible assets include office equipment like furniture and computer routers. Also, other business-related hardware like Smart TVs, STBs, and electronic boards.

The intangible assets include the software licenses.

Facilities Overview

We have a rented office in Bangalore, Karnataka, India. But, most of our team operates remotely.

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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