Profitable GPS Devices Business Investment Opportunity in Bangalore, India

- Business was established 2 years ago for the purpose of commercializing a range of telematic wireless products for security/productivity and effective fleet management in India.

- As of now, we have 2 kind of GPS device installed in the vehicle to get different information about the vehicle, such as location, speed.

- We have more than 250 clients and have installed our GPS device in more than 3,000+ vehicles so far.

- Our clients are fleet owners, individual vehicle owners, travel companies.

- Our projected growth rate for the next 6 months is 20X.

- We already have a tie-up with corporate companies pan India.

- We source GPS devices from other vendors for now and we plan to produce our own devices in the near future.

- There are 2 partners in the business each having a 50% stake.

- Business is debt-free.

- The sales have increased due to the increase in the number of customers.

We deal with a GPS tracking and navigation device for vehicles.

Company does not have any physical assets. Promoter owns 2 mobile phones, 2 laptops for the business.

Currently, we are working from home as we are looking for funds to expand.