Security Devices Startup Investment Opportunity in Bangalore, India
Market leader in digital door lock tech with 30+ projects completed and 1,250+ units sold.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | USD 80 - 90 thousand |
| Run Rate Sales | USD 106 thousand |
| EBITDA Margin | 18 % |
| Industries | Surveillance Devices |
| Locations | Bengaluru |
| Local Time | 8:00 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
55 thousand
for
20.0%
stake
(Native Currency: INR 5,000,000)
Reason: For development of tools and for scaling the business. Valuation is based on our goodwill and techno...
View More
Includes physical assets worth
USD
20 thousand
Interested to connect with advisors
Documents
Catalog
(93.9 KB)
GST certificate
(389.2 KB)
Business Overview
- Digital door locks for hotels and residences catering to both hospitality industry and individual consumers for guest access and personal use.
- Pioneered the manufacturing of RFID reader, a first in India.
- Developed hotel lock application software, marking a first in the Indian market.
- Boasts a skilled team capable of developing advanced lock models in the future.
- Established dealer network and initial exposure for scalability with a Pan India reach.
- Imports hardware from other countries.
- Trademarked brand for brand recognition and protection.
- Own software with complete source code for customization.
- Sold 1,250 units across 30 projects, predominantly in the B2B sector last year.
- Seeking expansion into the B2C market segment.
- Promoters possess extensive experience of 15 years in the industry.
- Introduced card reader technology for the first time in India.
- We outsource manufacturing.
- Licensed we hold are GST and I-E code.
- Aiming to collaborate with system integrators for broader market penetration.
- Customer base established in key cities like Delhi, Chennai, Kolkata, and Mumbai.
- Pioneered the manufacturing of RFID reader, a first in India.
- Developed hotel lock application software, marking a first in the Indian market.
- Boasts a skilled team capable of developing advanced lock models in the future.
- Established dealer network and initial exposure for scalability with a Pan India reach.
- Imports hardware from other countries.
- Trademarked brand for brand recognition and protection.
- Own software with complete source code for customization.
- Sold 1,250 units across 30 projects, predominantly in the B2B sector last year.
- Seeking expansion into the B2C market segment.
- Promoters possess extensive experience of 15 years in the industry.
- Introduced card reader technology for the first time in India.
- We outsource manufacturing.
- Licensed we hold are GST and I-E code.
- Aiming to collaborate with system integrators for broader market penetration.
- Customer base established in key cities like Delhi, Chennai, Kolkata, and Mumbai.
Products & Services Overview
Digital door locks and card reader technology for hotels and residential use.
Assets Overview
Assets include:Stock, equipment, fixtures and furniture.
Facilities Overview
Occupying a 1,500-square-foot office space, we have dedicated technical, service, and sales teams for development, servicing, and scaling, respectively. The office is in north Bangalore, and monthly rent stands at INR 15,000.
Capitalization Overview
Partners investment.No debt or loans.
There are 2 partners.
Recent Activity
-
Earlier than 15 daysDirector, Pune, M&A Advisor connected with the Business
-
Earlier than 15 daysGlobal Business Advisor, Bengaluru, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Hospitality, Technology And Wellness, Bengaluru, Individual Investor / Buyer connected with the Business
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