Internet of Things Company Investment Opportunity in Bangalore, India
IoT and software-based product company with 5 clients seeking investment for a new product.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 200 - 300 thousand |
| Run Rate Sales | USD 194 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Application Software + 1 more |
| Locations | Bangalore |
| Local Time | 5:34 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Partial Stake Sale
USD
1.73 million
for
17.0%
stake
(Native Currency: INR 150,000,000)
Reason: Funds will be used in further development of the product (digital instrument cluster) and making it ...
View More
Includes physical assets worth
USD
46 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
Investment Pitch for New Product
(830.3 KB)
Company Profile
(1.6 MB)
Product Image
(61.0 KB)
Domain-Verification.pdf
(212.9 KB)
Company Logo
(82.1 KB)
Incorporation Certificate
(596.3 KB)
ROC-Verification.pdf
(74.1 KB)
Business Overview
- IoT & Software-based product design business located in Bangalore.
- We develop embedded hardware, firmware, software and mechanical design services for our clients.
- We also provide engineering services related to medical, automotive & marine industry for 3 different clients.
- Have a strong experience in product distribution & production support.
- The products are built in-house to match the client's requirements.
- Instrument cluster development is currently in the minimum viable product (MVP) stage.
- Current product is a one-stop IoT solution for Automotive Industry.
- The product is targeted for the farming and construction industry in the initial stage.
- We have a LOI for 10,000 units for the next 3 years.
- The business has made INR 1 crore in 3 months of the current financial year and is expected to generate more despite the ongoing pandemic.
- The revenue generated is only for the services being provided. The new product is expected to generate a much higher level of revenue.
- We develop embedded hardware, firmware, software and mechanical design services for our clients.
- We also provide engineering services related to medical, automotive & marine industry for 3 different clients.
- Have a strong experience in product distribution & production support.
- The products are built in-house to match the client's requirements.
- Instrument cluster development is currently in the minimum viable product (MVP) stage.
- Current product is a one-stop IoT solution for Automotive Industry.
- The product is targeted for the farming and construction industry in the initial stage.
- We have a LOI for 10,000 units for the next 3 years.
- The business has made INR 1 crore in 3 months of the current financial year and is expected to generate more despite the ongoing pandemic.
- The revenue generated is only for the services being provided. The new product is expected to generate a much higher level of revenue.
Products & Services Overview
Digital instrument cluster for automobiles, respiratory cough assist device, IoT enabled ventilator, mucus clearance device, HMI design for a marine-based application, and industrial IoT device.
Assets Overview
Furniture, 25 laptops, printers, AC, testing equipment, patent pending, and product prototypes.
Facilities Overview
Rented space of 2,400 sq. ft. with 40 seater capacity, lab, conference room, cabin, and pantry.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysProject Head, Infrastructure, Delhi, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysExecutive Director, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Embedded Services, Bangalore, Corporate Investor / Buyer connected with the Business
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