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Parking Lot Operator Investment Opportunity in Pune, India

Company providing smart parking and EV charging solutions with coupons and cashback offers.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 5 thousand
Run Rate Sales USD 14 thousand
EBITDA Margin 30 %
Industries Parking Lot Operators + 1 more
Locations  Pune
Local Time 9:45 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 24 thousand for 4.0% stake (Native Currency: INR 2,000,000)
Reason: Expansion, Working Capital, R&D & Project Execution.
Includes physical assets worth USD 5 thousand
Interested to connect with advisors
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Business Name
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Documents
CIC, MOA, AOA
CIC, MOA, AOA
Business Overview

- Our company provides smart parking solutions for parking areas, which helps parking operators to effectively manage their cash flow and avoid revenue leakage.

- We also provide charging solutions for electric vehicles and provide the parking customers with cashback offers and discount vouchers.

- Our solutions are implemented in malls and public parking where a parking fee is charged. We are also bidding for parking tenders floated by different city corporations.

- Our operations are based on IoT technology. We place bluetooth beacons around the parking area and install our mobile app for the parking operator to use. We also have a customer side app that uses the bluetooth beacons to guide customers in the parking lot and to receive cashback vouchers.

- Tied up with different cashback services for providing cashback and discount vouchers to customers. Also planning to implement our own wallet service on the mobile app.

- We have two models for revenue generation. The first model is through charging a one-time fee to the parking operators for implementing our smart parking solution. The other model is through automatically charging a percentage fee for each vehicle when a parking ticket is issued. Our clients can opt for one of these models post detailed internal discussion and also after talking to us.

- Received projects from various private clients and also working on a project with Pune City Municipal Corporation under Smart City Initiative.

- Promoters have 3 years of experience in IoT and smart technology. We are seeking funds to manage operational expenses for project execution.

Products & Services Overview

- Complete parking management solutions for small and large parking operators.

- Boom barriers for entry and exit points, ticketing POS machines for collecting parking revenue.

Facilities Overview

Rented space of 800 Sq. Ft.

Capitalization Overview
Not Disclosed
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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