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Internet of Things Company Investment Opportunity in Bangalore, India

IOT hardware startup company needs funds to manufacture standalone consumer products.
This transaction has concluded.
This Business is on a 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  Bangalore
Local Time 8:33 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 180 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.

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
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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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