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Internet of Things Startup Seeking Loan in Noida, India

Company that has developed home automation products that has completed 10 projects seeks loan.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 42 thousand
EBITDA Margin Operating at loss
Industries Internet of Things
Locations  Noida
Local Time 5:44 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 118 thousand for 10.0% annual interest, 5 years (Native Currency: INR 10,000,000)
Reason: Need funds for marketing and to improve the cashflow.
Collateral Available: USD 118 thousand
Includes physical assets worth USD 9.4 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- The idea to convert common areas into remarkable, intelligent settings is at the core of our purpose.
- We are at the forefront of technical innovation, always looking to the future to bring customers the most cutting-edge smart home automation solutions.
- Have completed around 10 projects. Have around 32 ongoing projects.
- Have an in-house team that has developed this automation.
Products & Services Overview
Smart touch panels, retrofit devices, curtain motors, curtain controllers and smart door locks.
We are targeting to sell these products through architects, interior designers, and developers.
Assets Overview
Tangible assets include desktops and stock.
Intangible assets- software.
Facilities Overview
Office is located in the north of the city. The monthly rent is INR 21,000.
Capitalization Overview
- Company has 2 shareholders.
- Business has no loan.
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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