Internet of Things Company Seeking Loan in Hyderabad, India

This tech-enabled firm offers fleet management solutions and provides ITS & IoT, and smart mobility solutions, with AI-powered analytics for fleet operations in smart cities in India.

Started in 2009, and been a profitable entity for the last 6 years.

3 public sector & 2 private sector clients.

The growth rate is expected is phenomenal.

The company has two directors.

Promoter- Director: BE. , MBA.

More than a decade in business and through good strategies enhancing the growth of the company year on year. Recently, From a 4 crore turnover, the business is getting enhanced to a 70 crore turnover.

Since the contract is over and 8-year period, we expected to earn a revenue of INR 600 cr.

Gross profit is good.

It is the promoter director's dedicated effort to take the company to stupendous growth.

Another director is an MS in computer science. His earlier stint was in INTEL USA product development and holds a few patents.

Business relationship with the public sector is excellent and hence able to get high-volume contracts. One public sector organization is more than a decade of business relationships.

Received HUDCO award,

SKOCH Award,

World Bank accolades.

The market size is 10,000 crore in 3 year period.

All diesel buses have to be discarded shortly and hence the business potential of CNG and EVs is huge.

The revenue collection is expected to be INR 6,000 per bus per day is the expectation and already reaching 5,000 per day.

No government interference in our collection during operation and maintenance.

Direct collection details are obtained with our Revenue Management SW, within a few minutes.

Bus depots and other infrastructure facilities are provided by the government.

Supply, operating & maintenance can be undertaken in 3 phases, with 100 fleets in each phase. nearing the completion of the first phase.

Please go through the attachment (Pitch report where we have given a detailed working of projected P&L) Equity. option is also possible.

Up to 26% dilution of shares.

The business is operated from Bhopal but the head office is in Hyderabad.

Products and solutions:

Smart mobility,

Smart waste management,

Smart bin,

Bus electronics, VTS solutions, a smart bin for waste management, web development for the global clientele, GPS-based real-time fleet tracking & CCTV services, sensor integration for fuel, temperature, and panic buttons, integrated MIS & SAS for public transport operations, PIS and PAS, the automated fare collection system, bus transport revenue management software, and other software development.

Physical assets worth INR 25 crores are the end products, { i. e} fleets, computers, printers, furniture, and fittings. We recently purchased new 77 buses.

Business is operating on the rented property with a built-up area of 2,500 sq ft. The monthly rent of the property is INR 20,000.

State Bank of India.

Directors' contributions and loans.

Unsecured loan.

Govt subsidy of 40% of total capital cost. 11.50 lacs for every bus. (11.50 crore for 100 bus. )

2 directors.