Bags Manufacturing Company Investment Opportunity in New Delhi, India

- Annual recurring revenue (ARR) reached Rs 12 crores, marking a 4x increase over the past year.

- Company has maintained profitability amidst rapid expansion, indicating sustainable business practices.

- The customer base has expanded to over 35,000, with the acquisition of 8 patents and support from MEITY, DST, NRDC, and DoT, affirming the company's innovative edge.

- Introduced a wide range of products including smart luggage, smart wallets, featuring anti-theft/anti-lost technology, "ring my phone/wallet" functionality, power charging capabilities, and a location tracker, providing users with unparalleled security and convenience.

- Our innovative solutions encompass 3 verticals, bags, luxury leather goods, and luggage, each designed with unique features such as unlocking in 0.1 seconds, a USB charging port, and support for up to 10 fingerprints, offering a blend of security, convenience, and luxury.

- Secured significant orders, including an INR 1.8 Cr order from GAIL, an INR 25 Cr order from a USA distributor, an INR 12 Cr order from Gujarat, Maharashtra, and Karnataka distributors, and an INR 8 Cr order from Czech & Malawi distributors, indicating robust market demand and an expanding global presence.

- Continues to be at the forefront of employing IoT, BLE, UWB location technologies, and AirPort Prompt in smart luggage solutions, enhancing security and user convenience.

- Garnered widespread media attention and accolades, featuring in Electronics for You Magazine, Business Today, India Today, and on leading news channels; received awards and a grant of INR 51 lakhs from DoT, MEITY, and DST.

- Achieved success on Shark Tank India, securing an investment deal with a shark, underlining the business model's viability and potential for growth.

Company is involved in innovative smart accessories and luggage solutions to revolutionize personal belongings.

It will be answered after the introduction.

The business operates a rented space in an IIIT incubation center. The details will be provided post introduction.

The business is currently fully bootstrapped by the founders.