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Internet of Things Company Investment Opportunity in Bangalore, India

Business developing IoT enabled products for monitoring the environment, catering to B2C and B2B market.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 14 thousand
EBITDA Margin 30 - 40 %
Industries Internet of Things
Locations  Bangalore
Local Time 7:51 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 60 thousand for 10.0% stake (Native Currency: INR 5,000,000)
Reason: For inventory and human resources.
Includes physical assets worth USD 2.4 thousand
Documents
Business Overview

- An IoT enabled product business based in Bangalore, that started operations in 2018.

- We have 2 products - gas leak monitors and temperature & humidity monitors.

- The gas leak monitors are used in kitchens and through real time monitoring, updates the user if there is any gas leakage. The temperature and humidity monitors are used by businesses that require constant temperature monitoring, such as bakeries and cold storage.

- Users would have a mobile app that would provide them alerts and updates.

- The parts of the products are sourced from USA, UK, Europe and Singapore. Product assembling is outsourced to a company in Bangalore.

- We do the coding for the assembled products.

- Our business caters to both B2C and B2B market. For the B2C market, we have kiosks and conduct seminars about our product. For the B2B market, we have 5 clients who are mostly from restaurants, cold storages and poultry businesses.

- Working on new products to measure CO level and smoke. Primary target are MNC's where there is strict guideline on CO level inside the premises. Currently this is done once a quarter or so. Our solution gives them real time data and helps with downloadable reports. In addition making sure the employees are in the pink of their health.

Products & Services Overview

Gas Leak Monitor - Methane, Butane and Propane, Temperature and Humidity Monitor.

Facilities Overview

Co working space based on monthly subscription.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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