Internet of Things Company Investment Opportunity in United Arab Emirates

Building Communication Infrastructure for Internet of Things (IoT) for UAE.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Local Time
9:58 PM Dubai
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Investment
USD 5 million for 30.0% stake (Native Currency: AED 18,350,000)
Reason: Provision country wide ( UAE ) IoT communication network utilising unlicensed spectrum for powering ... View More
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Business Overview

- Our aim is to build, own and operate a first-of-its-kind communication network covering the UAE that will be specifically used to connect smart devices to the cloud.

- Its a brand new setup. Have already signed up clients, investment raised will be used to execute the project.

- We have global companies, Government agencies and smart city bodies as our potential clients for whom we will be building the network.

- Promoters have an experience of more than 25 years in this field and have delivered more than 200 projects in the IT domain.

Products & Services Overview

1. Providing IoT connectivity to devices, sensors and gadgets for the entire country of UAE.

2. Potential to connect millions of objects over next 3-5 years.

3. Pioneering smart infrastructure for future technologies entering UAE.

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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