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Internet of Things Company Investment Opportunity in Pune, India

IT company providing mobile apps, web apps, cloud & DevOps services with 20+ active clients.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales INR 2 - 3 crore
Run Rate Sales INR 2.5 crore
EBITDA Margin 10 - 20 %
Industries Internet of Things
Locations  Pune
Local Time 8:13 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
INR 3 crore for 20.0% stake (Native Currency: INR 30,000,000)
Reason: We need funds for marketing and expansion. Valuation is based on the 5-6 time of revenue multiple an... View More
Includes physical assets worth INR 60 thousand
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Business Overview
- Firm offers web, mobile application development services, IoT products, and cloud services using AWS and Azure.
- Recently made a temperature-humidity measuring device which is available on Amazon.
- Have built 8+ products in IoT which cater to home automation, pharmaceutical, healthcare, and safety sectors.
- Worked with startups and reputed companies such as Pfizer Pharmaceuticals.
- Have an experienced team of IT experts who have an in-depth knowledge of diverse verticals and skills across various development platforms.
- The agreements are usually made for 12 months after which it is renewed.
- Have served more than 50 clients till date.
- Promoter has 12+ years of experience working in this industry.
Products & Services Overview
Web, mobile application development services, and IoT products, cloud, devOps services using AWS and Azure.
Assets Overview
Physical assets include mobiles, laptops. Our intangible assets are software, client contracts and technology.
Facilities Overview
Work from home / remote work after pandemic.
Capitalization Overview
Not Disclosed
Recent Activity
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1 Investor contacted this Business this month. Register below to connect now!
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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