Internet of Things Company Investment Opportunity in Coimbatore, India

Coimbatore based home automation company Seeking Investing Partners.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 70 thousand
EBITDA Margin
20 %
Industries
Locations
Local Time
8:47 AM India
Listed By
Management Member
Status
Active
Overall Rating
Seeking Investment
USD 140 thousand for 10.0% stake (Native Currency: INR 10,000,000)
Reason: To launch a new product line and to strengthen marketing efforts by expanding the team and hiring se... View More
Includes physical assets worth USD 14 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- 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.

Products & Services Overview

IoT based home automation products, lighting controls, AC / HT load controls, curtain & gate automation, design, and manufacture industrial custom electronics, WiFi & display controllers.

Facilities Overview
Recent Activity
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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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