Internet of Things Company Investment Opportunity in Bangalore, India

Bangalore based Qualcomm incubated IoT start-up offering E2E solutions Aadhaar enabled PoS and PoV systems.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Undisclosed
EBITDA Margin
Operating at break even
Industries
FinTech + 1 more
Locations
Local Time
1:46 PM Bangalore
Listed By
Management Member
Status
Moderately Active
Overall Rating
Seeking Investment
USD 500 thousand for 15.0% stake (Native Currency: INR 35,000,000)
Reason: We had so far focused on building the IPs. It takes time to create product with differentiation to d... View More
Includes physical assets worth USD 7 thousand
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Documents
Business Overview

- IoT start-up incubated by Qualcomm India.

- Offer E2E solutions for Aadhaar enabled Point of Sale (AePoS) and Point of Verification (PoV)

- Have built a secure Aadhaar based biometric PoS system for which we hold patents.

- Our AePoS provides highest level of security provided by using Secure Element which is used in mobile payments by Tier I platform providers and is well proven in the field.

- Our IP enables individuals to avoid carrying their Aadhaar card or remember their Aadhaar number to make payments or for verification.

- Currently developing Aadhaar biometrics based L0 / 1 product for the Indian market along with wearable electronic devices.

- Promoters have an average of 20+ years of industry experience.

Products & Services Overview

Products:

1. Aadhaar FP based L0 / L1 devices.

2. Electronic Shelves Edge Label for retail Stores.

3. Wearable Electronics Device (Wrist band and Wrist watch)

Services:

Turnkey Projects: NFC + Secure Element + Microcontroller and other connectivity Peripherals. We have excellent know how of Android platform (we were part of all release from Google previously). We also offer E2E service in IoT product development.

Facilities Overview
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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