Biometric Products Businesses for Sale and Investment Opportunities in India

- The company is a women owned enterprise and is at present the only import substitute and indigenous manufacturing company, for electronic furniture locks and biometric safe lockers. All other brands are imported from China and other countries. -The company is a registered vendor in GEM, ISO certified entity, DPPIT certified entity and also a registered entity in start up india, MSME and Start up TN. The company has pipeline worth about INR 4 Cr for FY 2024-25. - The company has retail clients today and the promoters come with an experience of over 24 years, with a good mix of both corporate and entrepreneurial experience, with over 5 years in a similar field. - The promoter is also a six sigma black belt and an SMP from IIM Calcutta. - We take care of both manufacturing and installation of our products. - Our revenue comes from sales and installation of products and we also provide after sales service through which we generate revenue. - Currently, we have big projects in the pipeline and we hope to provide an investment return of over 4x for our investors in three years.

- The company provides smart locking system solutions, including centralised smart locking systems that are specifically developed for the convenient electronic locking of logistics, mailing, and storage applications. - To open a locker, a user is identified at the central terminal by presenting their credential. The door is automatically opened via a networked electronic signal to the lock and re-locked upon pushing the locker door closed. - On average we manufacture 20-30 pieces a month. - Our lockers are used in all type of industries like healthcare retail, sports stadium, schools, water parks, storage.

- We provide identification systems using wireless technology. - We currently have 500+ clients across India and abroad. - Most of our clients are software companies. - We are the only company in India which manufactures such technology in a wireless manner. - The business sales were less last year due to the pandemic.

- We have clients from the corporate, healthcare, and education sectors, and others. - So far, we have more than 3,000+ customers all over India. - After installing the systems, we give good after-sales support for our clients. - The promoter has 10+ years of experience in this industry.

- The business provides digital solutions for various sectors. - The company is associated with the government for various projects and tenders. - We import various products from different countries and also provide data-related solutions. - The business generates most of the revenue from the government contracts and services we offer them. - The website is really well designed and well-maintained. - The company had completed multiple projects worth more than INR 10 cr in the past. - The directors have extensive experience in this field. However, they are both over 65 and planning to retire. - The directors are ready to support the new investor in every possible way and are open to renting out their current office to the new investor at minimal rent possible.