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Internet of Things Company Investment Opportunity in Gurgaon, India

India's 1st Malls' Shopping Mobile App Looking for Second Round of Funding.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Public Limited Company
Reported Sales Nil
Run Rate Sales USD 3 million
EBITDA Margin 30 - 40 %
Industries Mobile Apps + 1 more
Locations  Gurgaon
Local Time 8:34 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 700 thousand for 10.0% stake (Native Currency: INR 60,000,000)
Reason: Tech & Sales Team Salaries.
Go To Market - POC in 100 Malls in Delhi NCR.
Gearing up for Series A.
Includes physical assets worth USD 30 thousand
Interested to connect with advisors
Business Overview

- Vision: Connecting Every SqFt of Retail.

- Mission: Build the Ecosystem to connect consumer & retailer.

- Providing retailers an app for creating & broadcasting exciting offers nearby.

- With the help of location proximity, boost sales.

- Easy Analytics: Know what works & what not.

- Seed Funding: Recently raised 140k+ USD as seed capital to conduct POC in 5 Malls in Gurgaon.

- Rated as 4 Rising Startups by Tech In Asia.

- White Paper Submitted at IoT Symposium.

- Pre Launch Survey Done in Turkey, Dubai & India with 30,000+ Consumers.

Products & Services Overview

Mall Web Panel.

Consumer App.

Retailer App.

Smart Footfall Counters with Wifi Sensors.

Facilities Overview

Operating from India with 2000 Sqft Office in IT Park, Gurgaon.

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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