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Small RFID Systems Company Investment Opportunity in Ahmedabad, India

Technology startup working on indoor positioning systems and face recognition is looking for go-to-market funds.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 30 thousand
Run Rate Sales USD 30 thousand
EBITDA Margin Nil
Industries RFID Systems + 1 more
Locations  Ahmedabad
Local Time 10:07 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 360 thousand for 20.0% stake (Native Currency: INR 30,000,000)
Reason: The product development is executed with early traction in the market. Now we are seeking the go-to-... View More
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Business Overview

- We are a technology company that works on indoor positioning system and recognition products.

- Have multiple products and solutions that we have developed in this space.

- One of the product is aimed at replacing traditional bio-metric attendance and has been tested with 1,500+ users.

- Another of our product is used to track movement of school children from the moment they board till they deboard the bus through a smart ID card.

- Currently we are working with a select group of customers such as Siemens India, Technip FMC, Capgemini, L&T Technology Services and Wipro.

- We have appointed Ingram Micro to be international distributors of our product.

- Promoter has over 12 years of experience working in the field of technology.

Products & Services Overview

- Product which replaces traditional bio-metric attendance, comes with zero infrastructure. Go-to-market product with 1,500+ tested users.

- Product that tracks children from the moment they board the bus till the time they de-board the bus. Would have a Smart iCard with SOS Panic button with battery life of 3 years.

- Solution providing navigation platform for indoor environment for enterprises.

- System providing visibility of people during emergency evacuation situations like fire, earthquake or gas leaks.

Facilities Overview

Rented office of 1,500 Sq Ft.

Capitalization Overview
Not Disclosed
Recent Activity
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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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