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 From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 17 thousand
EBITDA Margin
30 %
Industries
Locations
Local Time
11:10 PM Pune
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 28 thousand for 4.0% stake (Native Currency: INR 2,000,000)
Reason: Expansion, Working Capital, R&D & Project Execution.
Includes physical assets worth USD 5.6 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
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
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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