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Small Electronics Manufacturing Company Investment Opportunity in Chennai, India

Company offering healthcare and other asset-tracking IoT solutions with eSIM connectivity.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 14 thousand
EBITDA Margin Nil
Industries Electronics Manufacturing + 1 more
Locations  Chennai + 1 more
Local Time 6:03 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 117 thousand for 20.0% stake (Native Currency: INR 10,000,000)
Reason: Funds are required to procure IOT hardware, marketing and expansion in UK.
Includes physical assets worth USD 117 thousand
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Business Overview
- Our company started in 2020 and we are an ESIM based telecom and cloud communication technology services solutions for healthcare, logistics, M2M devices, consumers & enterprises.
- We have various cloud solutions with IoT hardware and respective platforms having solutions for various industries like healthcare, logistics etc.
- We provide an IoT eSIM card with capabilities that allow access to a global cell network built for M2M data, and as well as quality 2G/3G/4G M2M modems enabling reliable GSM communication in a diverse range of applications.
- Have tie-ups with 3 manufacturers for the hardware of the products, we integrate the cell network built for M2M data for the devices.
- We have 5 clients on our customer base, most of them are in the IoT device manufacturing sector and we have already supplied 1,000 pieces of eSIMs to date.
- Have partnered with MNO and currently have an order to deliver 25,000 pieces of eSIMs.
- The director has 15+ years of experience in the IT and ITES industry.
Products & Services Overview
Various domain IoT solutions with IoT eSIM card solutions as well as quality 2G/3G/4G M2M modems enabling reliable GSM communication in a diverse range of applications.
Assets Overview
The business owns IOT devices and also we have our cloud SAAS applications for various industries.
Facilities Overview
We operate in a co-working space in India. We have a registered office in UK with our marketing and support tema.
Capitalization Overview
We got strategic funding from a US-based company. We don't have any debts or loans. We have diluted a 15% stake. We have three shareholders and 2 directors.
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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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