↩ Go Back
Need help?

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 USD 7 - 8 thousand
Run Rate Sales USD 14 thousand
EBITDA Margin 20 %
Industries Internet of Things + 1 more
Locations  Nagpur
Local Time 12:51 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 24 thousand 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 USD 12 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
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
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

17 Investors already contacted this Business.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more