Internet of Thing Business Investment Opportunities in Bengaluru

IT solutions provider based in Bangalore. - The company’s core services include Magento eCommerce, AWS implementation, IT project management, DevOps, QA, and IoT solutions. - Project-based business model and the majority of the company’s current clients are based in the UK and are from various industries such as hospitality, retail, ecommerce etc. - The company is currently in the process of developing a smart lift, which is an IoT-based solution that can be integrated with any elevator. - Allow for remote traffic monitoring, fault monitoring, access to various parameters, and virtual control of the lift, providing a comprehensive and cutting-edge solution for elevator manufacturers and users. - The target clients for the smart lift include elevator manufacturers and people who have elevators in their business spaces or residences. - Comes as a application-based software solution and can be integrated to the elevator controller system.

The business specializes in IoT products/services, with a focus on RFID and associated cloud technology. - It offers intelligent boom barriers, asset tracking solutions, and end-to-end goods/asset tracking for B2B and B2C clients. - Boom barriers are physical barriers or gates. They are technologically advanced barriers that can be automated and integrated with IoT solutions for enhanced security and control. - The company has installed units in Bangalore and Hyderabad, showcasing a strong regional presence and market penetration. - The clientele is diverse, including B2B clients from the construction industry and B2C clients in cloud-based services associated with the devices based on a subscription model. - With successful service to four clients, the B2B applications are primarily focused on tracking fixed assets within office environments. - The promoter brings a wealth of experience with 30 years in the industry. - The business is fully compliant with essential licenses, including GST and Import-Export licenses.

The business specializes in IoT products/services, with a focus on RFID and associated cloud technology. - It offers intelligent boom barriers, asset tracking solutions, and end-to-end goods/asset tracking for B2B and B2C clients. - Boom barriers are physical barriers or gates. They are technologically advanced barriers that can be automated and integrated with IoT solutions for enhanced security and control. - The company has installed units in Bangalore and Hyderabad, showcasing a strong regional presence and market penetration. - The clientele is diverse, including B2B clients from the construction industry and B2C clients in cloud-based services associated with the devices based on a subscription model. - With successful service to four clients, the B2B applications are primarily focused on tracking fixed assets within office environments. - The promoter brings a wealth of experience with 30 years in the industry. - The business is fully compliant with essential licenses, including GST and Import-Export licenses.

Supplied around 120K telematics units to Volvo Eicher commercial vehicles through ZF. -Working with Volvo Eicher to supply telematics units for their new vehicles. -Supplied around 40K telematics units to different two-wheelers and three-wheelers battery manufacturers. -Supplied around 50K telematics units in the aftermarket segment. -Exclusive partnership with Bosch to develop telematics gateway units to cater to European and US markets. -Partnered with Amara Raja to supply telematics unit along with a cloud application to monitor battery data. -Working with Reliance to provide telematics to EV two-wheelers and three-wheelers. -Manufacturing unit with a production capacity of 5,000 units/month with a 50% capacity utilization rate. -85% of our clients are domestic and we export the rest. -AIS140 certified products.

We are an IoT based company located in Bangalore. - We provide prepaid energy meters enabled with IoT, and energy management software that allows the companies to understand their consumption of energy for furnaces or boilers. - Currently, we have 2 paid clients from Dubai. - We did not report any revenue last year as the product was developed 4 months back. - Business does not have any loan and is run by 2 owners with an equal equity stake in the company.

IoT solutions company that provides drinking water monitoring solutions across the state. - We are service provider/liaison agent to the government and have conducted a pilot project with Govt. departments as well. - Our services include providing IoT solutions for the installation of drinking water facilities. - We plan to start large scale and plan to provide solutions that are needed by the government. - Since our inception, we have been working with the government on a contractual basis. - We only have one ongoing project with the government which gets renewed annually. - We also have potential future contracts for the next 10 years with different government departments. - This is a sole proprietorship business. - The business has not taken any loans previously.

We are focused on providing RFID, IoT and AI solutions in the Logistics, Manufacturing Retail and Healthcare. Our Solutions include Automatic Face Recognition developed on AI, Automatic Number Plate Recognition developed on AI, RFID Solutions for Warehouse Inventory Management, Asset Management, and an IOT product for Container Breach Detection. -The products have been developed and Solutions built around them. We have already won and executed an Order from Karnataka Police and Executed. We have orders in the pipeline from Defense Agencies and other listed companies. We have also been selected for partnership with a very highly reputed Company in India. They will be marketing our Solutions in Middle East and Europe. Similarly another company for the US. We have received very good field response and are looking to expand our presence. Promoters are industry veterans with cumulative work experience of over 80 years. One of the promoters is a logistics professional. This individual has headed multiple CFS companies and is a chairman of an organization that is linked to this particular domain. The other promoter is an engineer specializing in RFID and IoT based solutions with a career spanning over 35 years. We have a current pipeline of almost two crores INR. Our company operates in an extremely niche industry which makes our company extremely valuable.