Internet of Things Company Investment Opportunity in Rourkela, India

- We have developed multiple products in the field of security, safety and healthcare.

- The business has developed an accident detection system for automobiles. The hardware i. e. a camera and microchip will be installed into the car and it will be linked to the mobile phone. In the case of an accident, a SOS signal will be sent to the nearest emergency service provider. It is GPS and IOT enabled. We plan on charging a price between INR 10,000 to INR 20,000.

- We have also developed a crime detection system. After the system has been purchased, a camera, server and a computing device will be installed on the premises. The cameras will detect any crimes for instance a robbery and send a SOS signal. This product is also GPS and IoT enabled. For this product, we will be charging INR 5,00,000 - INR 10,00,000 based on the number of cameras installed.

- The business has also developed a pollution detection system. It can detect up to 10 - 12 pollutants in the air. The USP is that it is the only pollution detection system that is made in India and hence it is much cheaper than its rival products which are imported. We will be charging around INR 5,00,000 to INR 10,00,000 for the product.

- We have developed an automatic hand sanitizer. It is IoT enabled. We have already developed 4 - 5 units. The pricing of these automatic hand sanitizer machines are in the range of INR 3,000 to INR 5,000.

- The business is also developing an automatic traffic controller. To that extent, we plan on tying up with the traffic authority. Our hardware (cameras and chips) will be integrated onto the cameras that have been deployed on the roads. It will regulate the traffic signal on the basis of car density. The pricing is INR 3,00,000 to INR 10,00,000 depending on the number of lanes and the lane width.

- All the aforementioned products are patented and are fully developed (ready for production and commercialization). In addition to this, we have developed a high speed data transmission system. However, this product is in the prototype stage.

- We have a hired a highly motivated team of software developers. The strength of the team is 20 and they are compensated on the basis of sweat equity.

- We have also tied up with 3 - 4 companies for software development.

- We have been incubated by the Foundation for Technology & Business Incubation at NIT Rourkela. Once the business starts generating revenue, we will offer them 2 percent as compensation. They provide us with an office space and appropriate facilities.

- The company plans on marketing their products and establishing a proper supply chain network soon. Our plans were disrupted due to the onset of the pandemic.

- The promoter has prior work experience for 10 years as a NIT professor and 8 years as an IT developer.

The business has developed an accident detection system, a crime detection system, a pollution measurement system, an automatic hand sanitizer machine, an automatic traffic control system and high speed data transmitters;

The owned property is worth INR 40,00,000. The inventory and office furniture is worth approximately INR 70,00,000. The company owns over 15 computer systems (Dell and HP).

We have taken office space at FTBI NIT Rourkela. The facility is being offered to us for free.

Owned registered office with an area of 2,000 square feet.