Internet of Things Company Investment Opportunity in Coimbatore, India
- Offer cutting edge home automation solutions.
- All our products are built off of proprietary designs and manufactured in-house.
- The business owns a patent for the technology and is in the process of filing a second patent.
- Currently, we only sell our products in the metro cities of South India including Chennai, Bangalore and Hyderabad.
- Have 10 channel partners who sell our products, we are in the process of signing up new partners.
- Business is growing at a healthy pace with consistent revenue growth on a MoM basis.
- Manufacture around 1,000 home automation kits each month.
- The factory has a production capacity of around 1 Lakh kits each year.
- The company is bootstrapped and has no debt.
- We are looking to raise equity capital in order to launch a new product line and strengthen our marketing team by hiring experienced senior marketing executives.
- The new product line is currently under development and can be launched with 18 months of securing funding.
IoT based home automation products, lighting controls, AC / HT load controls, curtain & gate automation, design, and manufacture industrial custom electronics, WiFi & display controllers.
Earlier than 15 daysProduct And Strategy Director, IT, Bellevue, Individual Investor / Buyer connected with this business
Earlier than 15 daysBusiness Analyst, IT, Oil & Gas, Coimbatore, Individual Investor / Buyer connected with this business
Earlier than 15 daysDirector, Business Consultancy, Bangalore, Individual Investor / Buyer connected with this business