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Solar Products Company Investment Opportunity in Nagpur, India

IoT based startup company having prototypes for home automation, seeking funds to begin commercial production.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales INR 6 - 7 lakh
Run Rate Sales INR 12 lakh
EBITDA Margin 20 %
Industries Internet of Things + 1 more
Locations  Nagpur
Local Time 4:50 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
INR 20 lakh for 20.0% stake (Native Currency: INR 2,000,000)
Reason: - Bulk manufacturing of our products.
- Marketing for pan India expansion.
Includes physical assets worth INR 10 lakh
Interested to connect with advisors
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Business Name
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Business Overview
- We are a startup working on IoT based home automation products, and planning to incorporate manufacturing of solar based products street lights and LED lights. We also plan to work on general electronic components based on client requirements.
- The R&D for our home automation product and other electronic accessories has been completed and we are ready with prototypes.
- As per our market research, we plan to initially sell our products in local market, targeting middle class families and slowly expand our customer base.
- Seeking funds for bulk production of our products and to establish market presence pan India.
Products & Services Overview
Manufactures home automation products & smart devices and develops software application.
Assets Overview
Furniture, stationery, computers, electronic components, testing equipment, other miscellaneous items.
Facilities Overview
Own office of 1,500 Sq. Ft. facility for manufacturing and testing.
Capitalization Overview
Bootstraped company running with funds generated by the company itself. The company does not have any debts/loans. We have 3 directors.
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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