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GP Device Business Investment Opportunities in Bangalore

Showing 1 - 2 of 2 GP Device Business Investment Opportunities in Bangalore. Invest in a GP Device Business.

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Profitable GPS Devices Business Investment Opportunity in Bangalore, India

GPS device company based in Bangalore with more than 3,000 units so far seeks investment.
- Business was established 2 years ago for the purpose of commercializing a range of telematic wireless products for security/productivity and effective fleet management in India. - As of now, we have 2 kind of GPS device installed in the vehicle to get different information about the vehicle, such as location, speed. - We have more than 250 clients and have installed our GPS device in more than 3,000+ vehicles so far. - Our clients are fleet owners, individual vehicle owners, travel companies. - Our projected growth rate for the next 6 months is 20X. - We already have a tie-up with corporate companies pan India. - We source GPS devices from other vendors for now and we plan to produce our own devices in the near future. - There are 2 partners in the business each having a 50% stake. - Business is debt-free. - The sales have increased due to the increase in the number of customers.
7.3   Bangalore
Run Rate Sales
USD 140 thousand
EBITDA Margin
30 %
Financial Investment
USD 1.2 Mn for 50%
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GPS Devices Company Investment Opportunity in Bangalore, India

A Complete Vehicle Tracking company on Turnkey having 50-100 clients.
- Have around 50 to 100 clients that gives us repeat orders. - Customer base is increasing on monthly basis due to addition services and features we offer. - Our customer includes Indian Oil, School, College and Logistics company. - We outsource the manufacturing of our device from Electronic manufacturing company. - Founder has 10 years of experience.
6.2   Bangalore
Run Rate Sales
USD 60 thousand
EBITDA Margin
20 - 30 %
Financial Investment
USD 240 K for 10%
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    There are 2 active and verified gp device business investment opportunities in Bangalore listed on SMERGERS as of 16 April 2024.
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