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Internet of Things Businesses Seeking Loan

Showing 1 - 5 of 5 Internet of Things Businesses Seeking Loan. Lend to an Internet of Thing, IoT or a Home Automation Business.

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Internet of Things Business Seeking Loan in Kuwait City, Kuwait

Company selling IoT innovative tech management devices to 15+ B2B clients seeks investment.
- We generate 70% of the revenue by selling IoT devices. We import the products from the US, Canada, and Switzerland. - Our range of smart devices seamlessly integrates with lifestyle, providing convenience, security, and energy efficiency. - We supply to 15+ B2B clients. They order regularly from us. Also, supply to 70-80 B2C customers monthly. - Have 3 permanent employees and 2 contract-based employees. - Posses Commercial License and Trade License.
6.6   Kuwait City
Run Rate Sales
USD 300 thousand
EBITDA Margin
0 - 10 %
Business Loan
USD 160 K at 5%
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Warehousing Company Seeking Loan in Cuttack, India

Technology company that provides an automatic parcel/baggage locking system seeks a business loan.
- We are a newly established technology company and have developed IoT-based locking & storage system. - On a monthly basis we can manufacture up to 8 units. - We are mainly a B2B company with railways, and bus stands as our customers. - Our machines can be installed in public places which can act as a locker or storage facility for mails, e-commerce parcels, logistics, etc. - In case of unavailability for picking up any parcel, the user can give the address of one of our lockers. - Currently, we are acquiring space to install our machines. - We have three business models. Firstly the sale of lockers. Secondly, a fixed price that we charge for using our storage facility. And lastly revenue from advertisements (since our machines will be placed in public places). - The company has two directors with an equal stake in the business. - Business does not have any outstanding loans. - Since we are a start-up, last year we did not make much revenue. In the current year, we have started selling our lockers. This is the reason for the high growth of our revenue.
Technology company that provides an automatic parcel/baggage locking system seeks a business loan.
6.8   Cuttack
Run Rate Sales
USD 120 thousand
EBITDA Margin
Nil
Business Loan
USD 120 K at 9%
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Internet of Things Company Seeking Loan in Hyderabad, India

MSME firm with an INR 600 cr streaming revenue contract, ITS, IOT & fleet management.
This tech-enabled firm offers fleet management solutions and provides ITS & IoT, and smart mobility solutions, with AI-powered analytics for fleet operations in smart cities in India. Started in 2009, and been a profitable entity for the last 6 years. 3 public sector & 2 private sector clients. The growth rate is expected is phenomenal. The company has two directors. Promoter- Director: BE. , MBA. More than a decade in business and through good strategies enhancing the growth of the company year on year. Recently, From a 4 crore turnover, the business is getting enhanced to a 70 crore turnover. Since the contract is over and 8-year period, we expected to earn a revenue of INR 600 cr. Gross profit is good. It is the promoter director's dedicated effort to take the company to stupendous growth. Another director is an MS in computer science. His earlier stint was in INTEL USA product development and holds a few patents. Business relationship with the public sector is excellent and hence able to get high-volume contracts. One public sector organization is more than a decade of business relationships. Received HUDCO award, SKOCH Award, World Bank accolades. The market size is 10,000 crore in 3 year period. All diesel buses have to be discarded shortly and hence the business potential of CNG and EVs is huge. The revenue collection is expected to be INR 6,000 per bus per day is the expectation and already reaching 5,000 per day. No government interference in our collection during operation and maintenance. Direct collection details are obtained with our Revenue Management SW, within a few minutes. Bus depots and other infrastructure facilities are provided by the government. Supply, operating & maintenance can be undertaken in 3 phases, with 100 fleets in each phase. nearing the completion of the first phase. Please go through the attachment (Pitch report where we have given a detailed working of projected P&L) Equity. option is also possible. Up to 26% dilution of shares. The business is operated from Bhopal but the head office is in Hyderabad.
8.1   Hyderabad
Run Rate Sales
USD 1.6 million
EBITDA Margin
18 %
Business Loan
USD 300 K at 16%
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IT Infrastructure Company Seeking Loan in Dammam, Saudi Arabia

Company involved in supply and installation of IoT devices for clients such as government agencies.
- Saudi-based IT services company with a division that supplies and installs Internet of Things (IoT) devices. - More than 50% of our revenue comes from the supply and installation of IoT devices. - Our clients include government agencies, multinational corporations, and real estate developers. - Have different agreements with our clients who pay us on a quarterly or annual basis. - We are working on a project to provide and install IoT devices in approximately 5,000 residential units. - We are a licensed agent and distributor for Life Smart Company in Saudi Arabia and other countries. - The company has also partnered with IT companies. - Have consistently grown with record sales in the last three months. - We are expected to sign contracts with many government agencies to supply and install IoT devices to save energy. - The promoter has experience of over 14 years in management and software development.
Company involved in supply and installation of IoT devices for clients such as government agencies.
9.3   Dammam
Run Rate Sales
USD 4 million
EBITDA Margin
30 %
Business Loan
USD 800 K at 15%
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Smart Grid Equipment Company Seeking Loan in Nashik, India

Company in Nashik plans to manufacture smart energy meters and also few IoT based products.
- We are already running a manufacturing firm which produces control systems for power management for industrial machinery. - Planning to start a new company to manufacture IoT based smart systems, which will be used to read and manage electrical energy levels in electrical power stations and transmission stations. - Have received contract from Maharashtra State Electricity Transmission Company (MSETCL) to supply smart meters for their power stations. - Have identified a 5 acre land to lease out and setup our manufacturing unit. This is located in an industrial area, which will help us in logistics and procurement.
7.8   Nashik
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 1.2 Mn at 10%
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    There are 5 active and verified internet of things businesses seeking loan listed on SMERGERS as of 28 March 2024.
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