Internet of Things Businesses for Sale and Investment Opportunities in Asia

- Company provides engineering and R&D services in TV and OTT, automotive electronics, and embedded software for various verticals. - The company has several IPs which include a full-fledged content management system (CMS) for OTT services and automotive digital cluster solutions. - We have clients from across the globe including the USA, Europe, and the Asia Pacific apart from local clients. - Some of our prestigious clients include Siti Cable Networks and Atria Communications Technologies in India, Accedo Broadband in the USA, Duekopp Adler Germany, Dialog TV Sri Lanka, and True Digital Thailand. - Our technology partners include Google, Amazon Web Services, Qt Company, QNX Systems, and Verimatrix Inc to name a few. - The founders have significant experience in their respective domains. Our CTO has over 40 years of experience and has held senior VP-level positions in some of the leading IT companies. - We are self-funded and have been EBITDA positive in all years except 20-21 when we were impacted negatively by Covid. Turnover during the last financial year was around INR 6.5 crore. - There is significant potential to increase profitability by deleveraging the existing loans of the company which is around INR 1.2 crore. - Company has 5 shareholders, and the shareholding pattern is as follows - 35%, 46%, 6%, 6%, and 7%. - The business has liabilities that total around INR 1.2 crore. This includes a business loan and an overdraft facility with the bank.

- IoT & Software-based product design business located in Bangalore. - We develop embedded hardware, firmware, software and mechanical design services for our clients. - We also provide engineering services related to medical, automotive & marine industry for 3 different clients. - Have a strong experience in product distribution & production support. - The products are built in-house to match the client's requirements. - Instrument cluster development is currently in the minimum viable product (MVP) stage. - Current product is a one-stop IoT solution for Automotive Industry. - The product is targeted for the farming and construction industry in the initial stage. - We have a LOI for 10,000 units for the next 3 years. - The business has made INR 1 crore in 3 months of the current financial year and is expected to generate more despite the ongoing pandemic. - The revenue generated is only for the services being provided. The new product is expected to generate a much higher level of revenue.

- Company providing home automation service in Bangalore. - Project is currently in the Development stage and will be over within 6 months. - It will make every Home a Smart Home with full control under finger tip. - This Technology will serve as personal assistant for everyone at home. - Main features include: Home Automation, Home Security and Smart Personal Assistant. - From Doors / Windows to Electric Equipment to Everyday's life, everything will be handled with our Technology. - Founder with a very strong Background in Technology and Business. - Our products will make huge impact in the market and will generate profits of over 50.

- Currently we have a client in Bihar, India Power Distribution Company (NBPDCL & SBPDCL) as a pilot project for Smart Grid System. - We Provide Smart RFID Technology, Building Management System using our Smart Technology.

- 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.