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Internet of Things Company Investment Opportunity in Bangalore, India

Business into IoT enabled energy management solutions is seeking equity capital for technology upgradation.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 21 thousand
EBITDA Margin 10 %
Industries Internet of Things
Locations  Bangalore
Local Time 6:24 PM Asia / Kolkata
Listed By Management Member
Status Recently Active
Overall Rating
Partial Stake Sale
USD 11.7 thousand for 20.0% stake (Native Currency: INR 1,000,000)
Reason: Funds are required for marketing, and technology upgradation.
Includes physical assets worth USD 17.6 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- We are an IoT based company located in Bangalore.
- We provide prepaid energy meters enabled with IoT, and energy management software that allows the companies to understand their consumption of energy for furnaces or boilers.
- Currently, we have 2 paid clients from Dubai.
- We did not report any revenue last year as the product was developed 4 months back.
- Business does not have any loan and is run by 2 owners with an equal equity stake in the company.
Products & Services Overview
Prepaid energy meters, energy management software, and IoT gateways.
Assets Overview
Software, PC, laptop, printers, chairs, table, and LCD.
Facilities Overview
We have taken up 1,000 sq. ft. office space which is on a rental basis.
Capitalization Overview
Not Disclosed
Recent Activity
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Contact Business
1 Investor 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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