Small Internet of Things Company Investment Opportunity in Chennai, India

- We are an early stage start-up that focuses on providing IoT cloud based solutions to the manufacturing sector.
- Our Industrial IoT platform provides solutions for productivity, quality, maintenance, energy and supply chain for manufacturing & process industry.
- We have integrated the use of AI and ML in developing our platforms.
- The manufacturing analytics platform helps to digitize the shop floor and hence increases the level of productivity while reducing the overall cost of production.
- The energy monitoring platform helps to monitor, optimize and estimate the level of energy consumption within the business.
- The platforms acquire data from machines using our proprietary sensors and offers real-time analytics significantly reducing the reporting and response times.
- Operate on a licensing model (for larger clients) and SaaS based model (for smaller clients)
- Design and develop the hardware sensors and PCBs in-house and outsource the manufacturing to a third party vendor in Bangalore.
- Have served 4 manufacturing clients till date.
- Incubated by MaDeIT Innovation Foundation, under the Ministry of Science and Technology.
- The business hasn't reached operational break-even yet and is expected to break-even after the next three quarters.
- Promoter comes with 25 Years of industrial business experience with proven track record in Murugappa Group based out of India.