RFID Systems Company Seeking Loan in Bengaluru, India
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 28 thousand |
| Run Rate Sales | USD 43 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | RFID Systems + 1 more |
| Locations | Bengaluru |
| Local Time | 1:28 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
We are currently in the revenue-generating phase, serving 15 educational institutions with a student base exceeding 6,000.
Our integration of ID cards with RFID technology not only streamlines school attendance management but also enhances transportation safety with live tracking. Parents receive real-time notifications, including the specific bus route their child has taken, along with live tracking of the bus, and the exact time and location of pick-up and drop-off, providing complete visibility and peace of mind.
The revenue model we have described is a yearly subscription model with a split payment structure:
30% upfront payment at the beginning of the academic year.
70% paid over 11 monthly installments.
This structure provides both initial cash flow and a steady stream of revenue throughout the year, balancing immediate capital and long-term stability.
The company is registered in the MCA and holds a company PAN.
Parent app.
RFID biometric devices.
GPS with RFID devices with live tracking and pickup and drop point locations.
Business is 100% owned by the promoter.
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Earlier than 15 daysManaging Director, Technology Services, Bengaluru, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, Software, Technology & AI, Bengaluru, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysMarketing Head, Manufacturing, Delhi, Corporate Investor / Buyer connected with the Business