RFID Systems Company Investment Opportunity in Bangalore, India
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 3.6 thousand |
Run Rate Sales | USD 30 thousand |
EBITDA Margin | 50 % |
Industries | RFID Systems + 1 more |
Locations | Bangalore |
Local Time | 3:09 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
We are focused on providing RFID, IoT and AI solutions in the Logistics, Manufacturing Retail and Healthcare.
Our Solutions include Automatic Face Recognition developed on AI, Automatic Number Plate Recognition developed on AI, RFID Solutions for Warehouse Inventory Management, Asset Management, and an IOT product for Container Breach Detection.
-The products have been developed and Solutions built around them. We have already won and executed an Order from Karnataka Police and Executed.
We have orders in the pipeline from Defense Agencies and other listed companies.
We have also been selected for partnership with a very highly reputed Company in India. They will be marketing our Solutions in Middle East and Europe. Similarly another company for the US.
We have received very good field response and are looking to expand our presence. Promoters are industry veterans with cumulative work experience of over 80 years.
One of the promoters is a logistics professional. This individual has headed multiple CFS companies and is a chairman of an organization that is linked to this particular domain. The other promoter is an engineer specializing in RFID and IoT based solutions with a career spanning over 35 years.
We have a current pipeline of almost two crores INR.
Our company operates in an extremely niche industry which makes our company extremely valuable.
- Face recognition and authentication solution with many USPs to its credit. Can be integrated with access control devices. Suitable for outdoor and indoor use.
- Face recognition and authentication solution integrated with temperature detection, mask detection. Can be integrated with access control.
-An IoT enabled automatic hand sanitizing machine that is touch free, meant for outdoor and indoor use.
- An IoT solution to detect and alert container breaches during transit.
The physical assets owned by the business include laptops and systems, the internal furnishings of the office, some soldering systems, RFID readers and POS systems.
We operate on a rented premises with an area of 1,500 square feet. We pay a monthly rent of INR 65,000. We have already paid a deposit of INR 3,50,000 and the contract is renewable every 12 months.
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Earlier than 15 daysCEO & VC, Education, IT, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, Clothing Retail, Kathmandu, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, IT, Digital Media, CE, Mumbai, Individual Investor / Buyer connected with the Business