System Software Company Seeking Loan in Chandigarh, India
IOT-based company dealing with tracking and fleet management systems with 250+ active customers.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 374 thousand |
| Run Rate Sales | USD 470 thousand |
| EBITDA Margin | 15 % |
| Industries | GPS Devices + 1 more |
| Locations | Chandigarh |
| Local Time | 9:51 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
335 thousand
for
13.0%
annual interest,
5
years
(Native Currency: INR 30,000,000)
Reason: For working capital and expansion of the business.
Collateral Available: USD 0
Includes physical assets worth
USD
76 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Company Profile
(11.0 MB)
Office Staff
(110.4 KB)
Prize Asia Top 10 Wialon
(31.4 KB)
GST Certificate
(169.8 KB)
Registration Certificate
(523.7 KB)
ROC-Verification.pdf
(66.9 KB)
Business Overview
- The company has two founders with experience of 10+ years of the telematics industry.
- We are specialists in fuel monitoring solutions.
- Last year we were in the top 10 in the Asia Pacific region in the Wialon rating.
- We are an exclusive partner with the company Mechatronics based in Belarus for fuel sensors for more than 4 years.
- We are serving 250+ customers and 15+ corporates.
- The company is making revenue with hardware sales, subscription per vehicle, and AMC plans.
- Business is registered in Chandigarh but the office is in Mohali.
- We are specialists in fuel monitoring solutions.
- Last year we were in the top 10 in the Asia Pacific region in the Wialon rating.
- We are an exclusive partner with the company Mechatronics based in Belarus for fuel sensors for more than 4 years.
- We are serving 250+ customers and 15+ corporates.
- The company is making revenue with hardware sales, subscription per vehicle, and AMC plans.
- Business is registered in Chandigarh but the office is in Mohali.
Products & Services Overview
We are a tailor-made solution provider for vehicle tracking using GPS and fuel monitoring solutions for fleets and machines used in different types of industries like construction, FMCG, pharma, logistics, cold chain & schools.
Assets Overview
Assets include 29+ laptops, 26 computers, office furniture, MG hector car, kitchen essentials, and INR 35 lakh+ stock.Intangible assets include the company website, white-labeled web apps & mobile app.
Facilities Overview
We have a rental office of one full floor with an area of approx 2,500 square feet in Mohali sector 75.
Capitalization Overview
We are currently funded with INR 40 lakh CGT MSME overdraft from Canara Bank, term business loans from banks INR 40 lakh, and director loans of INR 1 crore and INR 80 lakh. Both directors have 50-50 % shareholding.
Recent Activity
-
Earlier than 15 daysManagement, Electrical And IOT, Mumbai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysPresident, Oil And Gas, Houston, Individual Investor / Buyer connected with the Business
Tags:
Mobile System Software Company Seeking Loan in Chandigarh, India
·Lend to Mobile System Software Company in Chandigarh, India
·System Software Company Seeking Loan in Chandigarh, India
·GPS Devices Company Seeking Loan in Chandigarh, India
·Lend to System Software Company in Chandigarh, India
·Lend to GPS Devices Company in Chandigarh, India
·Mobile System Software Company Seeking Loan
·Lend to Mobile System Software Company
·System Software Company Seeking Loan
·GPS Devices Company Seeking Loan
·Lend to System Software Company
·Lend to GPS Devices Company
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