Profitable RFID Systems Business Investment Opportunity in Udaipur, India
Manufacturers of patented product with a social cause targeting blind people seek investment for expansion.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 10.7 thousand |
| EBITDA Margin | 40 % |
| Industries | RFID Systems |
| Locations | Udaipur |
| Local Time | 5:25 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
22.3 thousand
for
10.0%
stake
(Native Currency: INR 2,000,000)
Reason: We are seeking funds for marketing and to meet outstanding orders by increasing the production capac...
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Includes physical assets worth
USD
5.6 thousand
Interested to connect with advisors
Business Overview
- We are a startup company manufacturing smart sticks for blind people with various functions like object detection and live location features.
- Product is branded by us and comes in three models ranging from INR 3,000 to INR 8,000.
- We have spent 2 years in R&D of this product. It is patented by us.
- Our manufacturing capacity is 2-3 devices per day, we want to expand the capacity as we have outstanding orders.
- We target individuals & corporates with CSR activities and also have tie-ups with NGOs.
- Have sold around 30 devices so far with minimum marketing, valuation is based on demand and we can reach high revenues with better marketing and production.
- The promoter has 2 years of experience in this field and there is no debt on the company.
- Product is branded by us and comes in three models ranging from INR 3,000 to INR 8,000.
- We have spent 2 years in R&D of this product. It is patented by us.
- Our manufacturing capacity is 2-3 devices per day, we want to expand the capacity as we have outstanding orders.
- We target individuals & corporates with CSR activities and also have tie-ups with NGOs.
- Have sold around 30 devices so far with minimum marketing, valuation is based on demand and we can reach high revenues with better marketing and production.
- The promoter has 2 years of experience in this field and there is no debt on the company.
Products & Services Overview
We manufacture smart sticks with sound detectors and vibrations to identify objects at a fixed radius.
Assets Overview
Physical assets include computers, laptops, furniture, equipment and vehicle.
Facilities Overview
We have a rental space of 700 square feet.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysDirector, IT, Bengaluru, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Water Bottle Cap Supply, Belfast, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysMD, Engineering, Mumbai, Corporate Investor / Buyer connected with the Business
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3 Investors already contacted this Business.
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