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 22 thousand |
| EBITDA Margin | 10 % |
| Industries | Internet of Things |
| Locations | Bangalore |
| Local Time | 11:37 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Partial Stake Sale
USD
12 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
18 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(74.0 KB)
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
-
Earlier than 15 daysPrincipal Engineer, Semiconductor Manufacturer, Bangalore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Partner, IoT, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCo Founder, Motor Manufacturer, Bangalore, Individual Investor / Buyer connected with the Business
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