Solar Products Company Investment Opportunity in Mysore, India

Manufacturing smart solar geyser and smart electric geyser for domestic and commercial applications.
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 Nil
EBITDA Margin Nil
Industries Solar Products
Locations  Mysore
Local Time 7:26 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 20 thousand for 8.0% stake (Native Currency: INR 1,500,000)
Reason: For marketing expenditures.
Includes physical assets worth USD 200 thousand
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Business Overview

- We are a DIPP recognized startup having 4 patents for smart solar geyser & smart electric geyser.

- The water heating market is growing at approximately 20%

- Promoters holds 4 patents jointly and have 50 plus years experience.

- We won best design award by design clinic India & top-400 Innovative startup award IIM-Kolkata.

- Technology Development Board evaluated the project in 2 stage and now agreed to fund 50% of project cost.

Products & Services Overview

Smart Solar Geyser, Smart Electric Geyser, Rural Solar Geyser.

Facilities Overview

The total Manufacturing project cost is INR 3.54 Cr.

We have invested 1.61 Cr till date and need balance of 60 lakhs as Investment for working capital.

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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