Newly Established Smart Metering And IoT Based Company Investment Opportunity in Bangalore, India
Scalable smart metering solutions over power line and LoRa communication with cloud enabled software.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 210 thousand |
| Run Rate Sales | USD 210 thousand |
| EBITDA Margin | 10 % |
| Industries | Cloud Software + 1 more |
| Locations | Bangalore |
| Local Time | 12:32 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Partial Stake Sale
USD
2.34 million
for
30.0%
stake
(Native Currency: INR 200,000,000)
Reason: To start working on pan India opportunity.
To build more talented team to service the orders.
To r...
View More
Includes physical assets worth
USD
5.8 thousand
Interested to connect with advisors
Documents
Incorporation Certificate
(524.7 KB)
Corporate Presentation
(2.0 MB)
Engagement Document
(317.8 KB)
ROC-Verification.pdf
(59.4 KB)
Business Overview
- We are a startup looking to create smart energy metering products communicating over power lines.
- Have an exclusive partnership with an Israeli.
- 25+ patents issued.
Power line communication modem company for India Market.
- We provide our services to Adani Power as well.
- We are one of the very few companies in India pioneering on power line communications. Our smart meters are highly unique which are field tested, time tested and are cloud enabled.
- Product portfolio includes 6 product variations and 3 software products.
- Working prototypes of the products have been already developed.
-Undergone POC with Private Utility. We expect to get a service order from them once commercial production starts.
- Have also worked with and done presentations for Middle East utility companies and a few apartment complexes.
- Promoters have over 15+ years of experience in the energy field and this is the 3rd startup they are working on together.
- Company's physical assets include laptop, furniture, 30 to 40 prototypes of the product.
- Have an exclusive partnership with an Israeli.
- 25+ patents issued.
Power line communication modem company for India Market.
- We provide our services to Adani Power as well.
- We are one of the very few companies in India pioneering on power line communications. Our smart meters are highly unique which are field tested, time tested and are cloud enabled.
- Product portfolio includes 6 product variations and 3 software products.
- Working prototypes of the products have been already developed.
-Undergone POC with Private Utility. We expect to get a service order from them once commercial production starts.
- Have also worked with and done presentations for Middle East utility companies and a few apartment complexes.
- Promoters have over 15+ years of experience in the energy field and this is the 3rd startup they are working on together.
- Company's physical assets include laptop, furniture, 30 to 40 prototypes of the product.
Products & Services Overview
Hardware products include Single Phase Smart Meter, Three Phase Smart Meter, Repeaters, Customer Display Unit, Single Phase Energy Meter Interface Unit, Three Phase Energy Meter Interface Unit. Our software includes MDAS Server Software, MDAS Client Software, Meter Data Management Software.
Assets Overview
Company's physical assets include laptop, furniture, and 30 to 40 prototypes of the product.
Facilities Overview
600 Sq Ft office with a monthly rent of INR 15,000.
Capitalization Overview
- There are 2 shareholders in the company each holding 50% stake in the company.- The company is debt free.
Recent Activity
-
Earlier than 15 daysDirector, Energy And Infrastructure, Ahmedabad, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysProject Head, Infrastructure, Delhi, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysSoftware Manager, IT, New Delhi, Individual Investor / Buyer connected with the Business
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