Internet of Things Businesses for Sale and Investment in Bengaluru

Business located in Bangalore, specializes in developing IoT hardware and software to cloud-enable industrial gas storage tank sites. - Has a strong presence in the industrial gas sector, with top manufacturers in India utilizing their products. - The main sources of revenue for the company include telemetry device sales, telemetry software subscriptions, sensor sales, and M2M SIM card subscriptions. - The monitoring system that analyzes gas consumption patterns can enable proactive product refills, improve route planning for tanker deliveries, and minimize operational inefficiencies, leading to enhanced customer satisfaction and reduced costs. - This approach eliminates dependencies on customer premises personnel and avoids the issues of undelivered supplies, optimizing fleet utilization and overall production and distribution costs. - Currently, there are nearly 600 devices installed across India, which are industrial gas storage sites, with a client base of 30-40 companies pan India. - The business operates on a yearly subscription model. - Manufacturing is outsourced with design and assembly done in-house.

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.

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.

Y5home is the next generation of affordable IoT (Internet of Things) based automation innovation to remotely control your homes, businesses- hotels, offices, schools, colleges, shopping malls, smart cities housing developers and government sectors. Our product has already been developed and launched. It is basically a software and hardware interface. We have installed around 13,000+ devices at client homes and already have our established dealer networks in Gujarat, MP, UP, Maharashtra and Rajasthan and have sales offices at Vadodara, Surat, Shirdi, Lucknow, Ahmadabad and many more cities. We have a total of 4,700+ prospects leads across India and are looking to expand our footprint through distribution network across India as well as entire globe.

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.

ISearch IoT is an ISO 27001 certified company, incorporated in 2007 run by a passionate team from India’s most eminent institutions. We are one of the fastest growing IoT brands and are focused on offering GPS technology based vehicle monitoring and analysis services with exhaustive data analytics. We are also proficient in providing valuable solutions catering to clients from diverse industry verticals. Currently we are looking to sign up re-sellers who will be able sell our products in their target markets. We also sell our products under a white label model.