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 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 700
Run Rate Sales USD 66 thousand
EBITDA Margin 30 %
Industries Software Companies + 1 more
Locations  Bangalore
Local Time 1:50 PM Bangalore
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 200 thousand 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 USD 5.5 thousand
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.

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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