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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 12 thousand
EBITDA Margin 40 %
Industries RFID Systems
Locations  Udaipur
Local Time 12:46 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 24 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... View More
Includes physical assets worth USD 6 thousand
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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.

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
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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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