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Technology Company Investment Opportunity in Chicago, United States

Company offering AIS140 GPS tracking device and solutions seeks investment.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 141 thousand
Run Rate Sales USD 141 thousand
EBITDA Margin 10 %
Industries IT Services + 1 more
Locations  Chennai
Local Time 10:22 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 118 thousand for 10.0% stake (Native Currency: INR 10,000,000)
Reason: Product manufacturing and sales.
Includes physical assets worth USD 35.4 thousand
Interested to connect with advisors
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AIS 140
Company Profile
Business Overview
- Founded in January 2012 as proprietorship entity and officially incorporated in India as a private limited firm in June 2015.
- ARAI Certified AIS 140 Telematics Device.
- Have orders in hand worth INR 3.35 crore.
- Our clientele includes fortune 500 companies like l&T, GVK EMRI, DBScheker etc.
- Developed various in-house technology solutions and platforms.
- Large number of diversified solutions and services in ready to launch state for retail consumers.
- Founder is a go-getter with high energy-levels and a long term vision to succeed having 10 years+ of development and management experience in IT industry, managing infrastructure, delivering web and mobile solutions including requirements analysis, design, coding, project management and implementation.
- 11+ years experience as an entrepreneur and 15+ years experience in Corporate IT career.
- Globally served clients from United States, Australia, UAE, Singapore, Malaysia, UK and Germany.
- There are about 10 repeat clients.
- Monthly Retention Revenue of more than 8 lacs from local Clients.
- Clients are from industries such as Constructions, Retail, FMCG, Healthcare, Technology, BFSI etc.
Products & Services Overview
Offer GPS tracking device and solutions, as well as IoT applications and products.
Facilities Overview
We have rental office space of 4500 sqft with 48 seaters and 6 cabins.
Capitalization Overview
Not Disclosed
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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