RFID Systems Company Seeking Loan in Chennai, India
Seeking funding to expand a proven RFID and enterprise solutions company with strategic alliances.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 400 - 500 thousand |
| Run Rate Sales | USD 350 thousand |
| EBITDA Margin | 15 % |
| Industries | RFID Systems + 1 more |
| Locations | Chennai |
| Local Time | 10:25 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
350 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 30,000,000)
Reason: We need this funding for business expansion, promotion and marketing, capital infrastructure, and re...
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Collateral Available: USD 146 thousand
Includes physical assets worth
USD
23.4 thousand
Interested to connect with advisors
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Business Overview
- Based in Chennai, this company specializes in providing comprehensive ERP, IoT, RFID, and biometric solutions, catering to both manufacturing and service-oriented sectors.
- A robust portfolio of top-selling products and services including IoT systems, vendor portals, and vehicle tracking, emphasizes the company’s adaptability and expertise in technological solutions.
- With a clientele list boasting prestigious names like Hyundai, Siemens Gamesa, and BASF, the company demonstrates its reliability and market credibility.
- The business showcases a significant performance leap with a 3x growth in revenue from post covid to a year ago, illustrating a successful growth trajectory.
- As an authorized sales partner for renowned brands such as Zebra, Honeywell, and CipherLAB, the company benefits from strategic alliances that enhance its product offerings in RFID and barcode solutions.
- Employing a skilled team of 30, the business harnesses expertise across ERP, mobility, and SAP solutions, ensuring innovative and customized solutions for clients.
- This company stands at the forefront of technology innovation in Chennai, seamlessly integrating software and IT hardware solutions with cutting-edge technology trends like biometric and traceability solutions.
- The company is registered in Tiruvallur.
- A robust portfolio of top-selling products and services including IoT systems, vendor portals, and vehicle tracking, emphasizes the company’s adaptability and expertise in technological solutions.
- With a clientele list boasting prestigious names like Hyundai, Siemens Gamesa, and BASF, the company demonstrates its reliability and market credibility.
- The business showcases a significant performance leap with a 3x growth in revenue from post covid to a year ago, illustrating a successful growth trajectory.
- As an authorized sales partner for renowned brands such as Zebra, Honeywell, and CipherLAB, the company benefits from strategic alliances that enhance its product offerings in RFID and barcode solutions.
- Employing a skilled team of 30, the business harnesses expertise across ERP, mobility, and SAP solutions, ensuring innovative and customized solutions for clients.
- This company stands at the forefront of technology innovation in Chennai, seamlessly integrating software and IT hardware solutions with cutting-edge technology trends like biometric and traceability solutions.
- The company is registered in Tiruvallur.
Products & Services Overview
The business's top-selling products and services include ERP software, mobility, IoT solutions, barcode solutions, RFID solutions, vehicle tracking solutions, traceability solutions, vendor portal systems, biometric solutions, SAP, and more.
Assets Overview
Tangible assets: IT servers.Intangible assets: client base, demo materials, and software products.
Facilities Overview
Currently operating in 30 seater capacity rented office. Wants to move to 50 seater capacity office.
Capitalization Overview
The business is funded through personal investment, and loans from friends, relatives, and banks.It has 2 shareholders: one director holding 95% and the second director holding 5%.
Recent Activity
-
Earlier than 15 daysIndependent Advisor, Coimbatore, Commercial Real Estate Broker connected with the Business
Tags:
Enterprise Software Company Seeking Loan in Chennai, India
·Lend to Enterprise Software Company in Chennai, India
·RFID Systems Company Seeking Loan in Chennai, India
·Enterprise Software Company Seeking Loan in Madras
·Lend to RFID Systems Company in Chennai, India
·Lend to Enterprise Software Company in Madras
·RFID Systems Company Seeking Loan in Madras
·ERP Company Seeking Loan in Chennai, India
·Enterprise Software Company Seeking Loan
·Lend to RFID Systems Company in Madras
·Lend to ERP Company in Chennai, India
·Lend to Enterprise Software Company
·ERP Company Seeking Loan in Madras
·RFID Systems Company Seeking Loan
·Lend to ERP Company in Madras
·Lend to RFID Systems Company
·ERP Company Seeking Loan
·Lend to ERP Company
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