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Internet of Things Company for Sale in Mumbai, India

AI firm delivering B2B automation solutions across industries, currently serving 20+ established brands.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 152 thousand
Run Rate Sales USD 154 thousand
EBITDA Margin Nil
Industries Application Software + 1 more
Locations  Mumbai
Local Time 10:52 PM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 3.5 million (Native Currency: INR 300,000,000)
Reason: Aspiration for new startup post-sale mostly in the non-IT sector.
Includes physical assets worth USD 11.7 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Mumbai-based company with multiple in-house developed AI based video analytics solutions.
- Have clients across different verticals like retail, manufacturing, reality and many pilots going on across different verticals.
- Solutions are applicable for verticals like realty, retail, energy & utilities, manufacturing, BFSI, education, healthcare, hospitality, and mining.
- Also applicable for large infrastructures like ports, airports, rail networks, public places/parks, warehouses, commercial centres, asset management companies, and more.
- Received the Leaders of Tomorrow award from ET India.
- Serving 20 brands with over 2000 installations.
- We work with the existing camera network in most of the cases through integration with our solutions hence the capex involved is low. Have created custom trained models using more than 1 million images enabling faster deployments remotely globally.
- Company has 2 directors with a 50%-50% share split.
- Bootstrapped till date.
- Revenue is through installation, and subscription licensing which is a recurring service fee.
- We have partnerships with many OEMs.
- We have on-premise, hybrid, and cloud deployment models.
- Business is built by two co-founders who come with rich experience of more than 25 years each after working in many tier 1 and mid sized companies in India and abroad.
- Healthy pipeline for good growth.
- Company has no liabilities.
- Target markets outside India, with some clientele in the Middle East region.
Products & Services Overview
Proprietary AI/ML based vision analytics solutions help customers in:
- Optimising operations.
- Advanced Customer profiling.
- Improving end customer experience.
- Health Safety Environment (HSE)
- Automated Surveillance.
- Lead generation.
And many other automated miscellaneous solutions.
Assets Overview
Assets include servers, graphic cards, laptops, and desktops.
Other main assets are software, website and technology.
Facilities Overview
Have a rented office space in Mumbai.
Capitalization Overview
Company operating on bootstrapped model since inception. Company has 2 directors with a 50%-50% share split. No business loans or liabilities currently.
Recent Activity
  • Earlier than 15 days
    CEO, Dallas, Financial Consultant connected with the Business
  • Earlier than 15 days
    Independent Business Advisor, Chandigarh, Business Broker connected with the Business
  • Earlier than 15 days
    Director, Investment, Chennai, Corporate Investor / Buyer connected with the Business
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Contact Business
2 Buyers contacted this Business this month. Register below to connect now!
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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