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Internet of Things Company Investment Opportunity in Bangalore, India

Product and software development company seeks investment to increase the team size & add new verticals.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales INR 50 thousand
Run Rate Sales INR 48 lakh
EBITDA Margin 30 %
Industries Software Companies + 1 more
Locations  Bangalore
Local Time 2:40 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
INR 1.4 crore for 10.0% stake (Native Currency: INR 14,000,000)
Reason: For expansion. To increase the team size from 15 to 120 people and to add new verticals.
Includes physical assets worth INR 4 lakh
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Product development for automotive, healthcare and consumer electronics.
- Business also engaged in software development and validation.
- Our operational stream includes - 1. IT staff augmentation services, 2. Automative tests, 3. Inter Operability testing.
- Currently working with six Global clients.
- Working with major Automotive companies including Fortune 500 companies.
- TATA ELXSI, Mahindra and Mahindra, etc. are some of our clients.
- Promoter has more than 16 years of experience in product development and services in handling global customers. He has played a key role in various Fortune 500 companies.
Products & Services Overview
Embedded product development.
Software development.
Automotive Validation.
Internet of Things.
Facilities Overview
1000 Sqft rented office.
Capitalization Overview
Not Disclosed
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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