Internet of Things Company Investment Opportunity in Ahmedabad, India
Intelligent automation start-up building solutions for smart mobility using AI & machine learning seeks investment.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 66 thousand |
| Run Rate Sales | USD 70 thousand |
| EBITDA Margin | 40 % |
| Industries | Application Software + 1 more |
| Locations | Ahmedabad |
| Local Time | 8:36 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
290 thousand
for
14.0%
stake
(Native Currency: INR 25,000,000)
Reason: Funds will be used for team building, technology development, and working capital.
Valuation is bas...
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Includes physical assets worth
USD
7 thousand
Interested to connect with advisors
Documents
Business Overview
- Business offers intelligent automation solutions to fleet operators and local urban bodies.
- Solutions are currently deployed with government bodies in Nigeria.
- Working with 8-10 clients.
- Clients are from the transportation, logistics, and real estate sectors.
- We offer a combination of hardware and software solutions.
- Partnered with local vendors to supply and install hardware.
- One of the reasons for investment is to set up an in-house hardware assembly plant.
- We offer hardware maintenance and support for 1 year to clients.
- Revenue is projected to reach $200,000 by Q2 of next year.
- Company has 2 directors with 90% and 10% shares.
- Business is debt free.
- Solutions are currently deployed with government bodies in Nigeria.
- Working with 8-10 clients.
- Clients are from the transportation, logistics, and real estate sectors.
- We offer a combination of hardware and software solutions.
- Partnered with local vendors to supply and install hardware.
- One of the reasons for investment is to set up an in-house hardware assembly plant.
- We offer hardware maintenance and support for 1 year to clients.
- Revenue is projected to reach $200,000 by Q2 of next year.
- Company has 2 directors with 90% and 10% shares.
- Business is debt free.
Products & Services Overview
- Fleet management.- Smart mobility solution.
- Industry automation.
- Public space management.
- Automated fare collection system.
- Design and consulting services.
- Custom software development.
Assets Overview
5 laptops, 2 broadband lines, furniture.Other Components: Smart board, vehicle telematics, DC motor to handle boom barrier.
Facilities Overview
Company is registered under ROC and Startup India. Working remotely since the Covid-19 pandemic.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysPartner, Business Consultancy, Dubai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysPartner, Outsourcing, Ahmedabad, Corporate Investor / Buyer connected with the Business
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