Internet of Things Businesses for Sale and Investment Opportunities in India

- Company that is a turnkey instrumentation, automation and IT /IoT solution provider for industries and infrastructure in Indian and overseas markets. - The company has completed 75+ overseas and domestic projects. - Earlier we had mostly private clients, but now our focus has shifted to government clients like PSUs, central government, and state governments. - We also have AMC contracts for a lot of our projects. - Our special focus now is on innovative projects related to water infrastructure. - For example, we built the IT infrastructure for the Gurgoan smart city web-based water drinking management system. - 65-70% of the revenue is from IoT and automation projects while the rest is from supply, installation, and commissioning of instrumentation and electrical contracts for Indian oil & gas and cement companies. - The head office has 40+ staff strength, while the total full-time employee count is 100. With the part-time workers, the count goes up to 300 employees. - Average receivables of 45 days. Private clients and PSUs do not delay payments. - 32-year-old turnkey instrumentation company that pivoted into IoT and automation of systems almost 20 years back. - We are a fully compliant, registered and ISO 9001:2008, 14001:2015, and 4501:2018 compliant business.

- Over 350+ commercial deployments across 13 smart cities in India and several more across commercial establishments in the Middle East, Malaysia, Europe, and the US. - Number of clients: 30+ key clients include smart cities like Nagpur, Raipur, Jhansi & Patna, companies like L&T, Bajaj Electricals etc. - Clients L&T, Bajaj Electricals, Bharat Electronics, Tata Projects Limited, Tata Communications, STL etc. - We supply products to our clients and they deploy our products in smart city projects (clients get these projects through tenders) - Revenue model: Product sales, platform licensing of software and subscriptions of cloud applications, AMC & spares. - 80 % of revenue is from general services which include hardware design and firmware development. - Hardware required for our IOT products is designed in-house. - The revenue is nonrecurring. - The products are deployed in smart cities for environmental pollution monitoring. - Promoter experience: Founders and leadership team with expertise in embedded systems, IoT, and environmental monitoring. - Business relationships: Partnerships with key industry players such as Dubai Startup Hub, Kerala Startup Mission, Maker Village, MSME, STPI, etc. - Business has certifications such as ISO 900, ISO 14001, WPC ETA, STPI certificate of registration, and Incorporation certificate. - As the smart city projects cannot be done during election time the sales are a bit low this year.

- We are proud channel partners of Havells and benefit from cost-effective raw material procurement through a strategic partnership with them. - Our commitment to sustainability has been recognized by the CEA USA, nominating us as runner-ups for the Best Green Products award. - We're a trusted vendor on the approved list of the Indian Green Building Council (IGBC). - While our project-based sales saw a slight decrease this year, we have 14 years of experience and a seasoned promoter. - With a portfolio of 1,000 projects, we specialize in residential, commercial, and industrial automation.

We are working majorly with the Indian Railways and the Indian oil and gas sector across India and we are an actively registered vendor that participates in low voltage safety and security system supply and integration. We have deployed our in-house system in both sectors, helping to increase productivity. Our work involves predicting the working life cycle to minimize breakdown and improve work efficiency with a minimum workforce. We participate heavily in tenders since it's the simplest approach to serve a large geographic area without incurring a lot of costs for marketing. We have been in this industry for more than 15 years, and we began our own endeavor as a proprietorship 13 years ago. After the firm became profitable, we incorporated a pvt ltd. 9 years later. Our product is in high demand and we have a significant presence across our customer base, both of which will boost sales and profitability. With the make-in-India initiatives of the Indian government in mind, we find ourselves needing to capitalize on the first mover advantage in the product segment we are working in order to develop our product to the next level that is acceptable to the global market and upgrade our existing system, which will be a game changer. We collaborate closely with RDSO, who produce and freeze ice for Indian Railway. Now that these products are in the last stages of development and will shortly enter the tendering process, we are considering a significant potential for us. This encouraged us to decide to sell the stock and secure funding to expand our firm and reach our objective.

- They work mainly for 9 sectors in India- Government, education, healthcare, retail, technology, public services, hospitality, civil supplies, corporates & businesses. - The promoter is having 20+ years of experience. - Business growth rate is 17% - Their products have saved the government INR 150-180 crore. - One of the main products that they have developed is a real-time scanner used to check attendance for the mid-day meal scheme run by the government. - The company is now looking to expand its operations to private companies.