Internet of Things Company Investment Opportunity in Bangalore, India
IOT hardware startup company needs funds to manufacture standalone consumer products.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Electrical Component + 1 more |
| Locations | Bengaluru |
| Local Time | 4:10 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
170 thousand
for
15.0%
stake
(Native Currency: INR 15,000,000)
Reason: For manufacturing and marketing of the product.
Business Overview
- IOT consumer product manufacturing business.
- PAN India market available with a 20% growth YOY.
- Promoter is a technology enthusiast with a industry experience of over 6 years in the field of instrumentation, electronics, embedded hardware&software and mechatronics.
- PAN India market available with a 20% growth YOY.
- Promoter is a technology enthusiast with a industry experience of over 6 years in the field of instrumentation, electronics, embedded hardware&software and mechatronics.
Products & Services Overview
VIVID Plug, a WiFi based one of its kind smart plug that enables to remotely access and control your home appliances using a smart phone.
Facilities Overview
A 1000sq ft manufacturing space is required for annual production of 25000 units.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysManaging Director & CEO, Web & Mobile Application Development, Bengaluru, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Electrical, Visakhapatnam, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, ECommerce, Bengaluru, Individual Investor / Buyer connected with the Business
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