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Consumer Electronic Business Investment Opportunities in Erode

Showing 1 - 1 of 1 Consumer Electronic Business Investment Opportunities in Erode. Invest in a Consumer Electronic or a Household Goods Business.

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Consumer Electronics Company Investment Opportunity in Erode, India

IoT based smart electronics and locks manufacturing company seeks investment to develop new products.
Start-up company in Erode specializing in the manufacturing of smart electronics and locks. - Company has an in-house R&D team, mechanical testing team, design team, software development team in place. - Promoter has invested more than INR 1.2 cr capital and 1.5 years of research to develop the existing device. - Till now we have manufactured 300 locks and sold 250 pieces. - Each lock is sold for INR 6-7K. - Products are sold via our own website and on Amazon. - We have the capacity to produce 10 units per day. - We are getting enquiry for B2B sales and distribution. - Mobile app has over 100 downloads on Google Play Store with 4.5+ star ratings.
IoT based smart electronics and locks manufacturing company seeks investment to develop new products.
7.5   Erode
Run Rate Sales
USD 100 thousand
EBITDA Margin
21 %
Partial Stake Sale
USD 177 K for 25%
Contact Business
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Consumer Electronics Company Investment Opportunity in Erode, India

IoT based smart electronics and locks manufacturing company seeks investment to develop new products.
Start-up company in Erode specializing in the manufacturing of smart electronics and locks. - Company has an in-house R&D team, mechanical testing team, design team, software development team in place. - Promoter has invested more than INR 1.2 cr capital and 1.5 years of research to develop the existing device. - Till now we have manufactured 300 locks and sold 250 pieces. - Each lock is sold for INR 6-7K. - Products are sold via our own website and on Amazon. - We have the capacity to produce 10 units per day. - We are getting enquiry for B2B sales and distribution. - Mobile app has over 100 downloads on Google Play Store with 4.5+ star ratings.
IoT based smart electronics and locks manufacturing company seeks investment to develop new products.
7.5   Erode
Run Rate Sales
USD 100 thousand
EBITDA Margin
21 %
Partial Stake Sale
USD 177 K for 25%
Contact Business
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