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Internet of Things Company for Sale in Kochi, India

IoT solutions and services company with its own IoT hardware/software platform commercially deployed in smart cities.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 450 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 18 %
Industries Internet of Things
Locations  Kochi
Local Time 10:03 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 400 thousand (Native Currency: INR 35,000,000)
Reason: We moved all service contracts to another entity under the same board, and this entity is not part o... View More
Includes physical assets worth USD 3.6 thousand
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Business Overview

- Over 350+ commercial deployments across 13 smart cities in India and several more across commercial establishments in the Middle East, Malaysia, Europe, and the US.

- Number of clients: 30+ key clients include smart cities like Nagpur, Raipur, Jhansi & Patna, companies like L&T, Bajaj Electricals etc.

- Clients L&T, Bajaj Electricals, Bharat Electronics, Tata Projects Limited, Tata Communications, STL etc.

- We supply products to our clients and they deploy our products in smart city projects (clients get these projects through tenders)

- Revenue model: Product sales, platform licensing of software and subscriptions of cloud applications, AMC & spares.

- 80 % of revenue is from general services which include hardware design and firmware development.

- Hardware required for our IOT products is designed in-house.

- The revenue is nonrecurring.

- The products are deployed in smart cities for environmental pollution monitoring.

- Promoter experience: Founders and leadership team with expertise in embedded systems, IoT, and environmental monitoring.

- Business relationships:

Partnerships with key industry players such as Dubai Startup Hub, Kerala Startup Mission, Maker Village, MSME, STPI, etc.

- Business has certifications such as ISO 900, ISO 14001, WPC ETA, STPI certificate of registration, and Incorporation certificate.

- As the smart city projects cannot be done during election time the sales are a bit low this year.

Products & Services Overview

A platform for real-time environmental monitoring used by government agencies, smart cities, and environmental organizations.

Product engineering services for diverse industries.

Assets Overview

Physical assets: Laptops, dev board, desktops, printers, accessories, etc.

Intangible assets: software, IOT solution software, Mobile application.

Facilities Overview

- Operates from a dedicated office in the Maker Village incubation centre in Kalamassery, Kochi, Kerala, India with all modern office facilities such as broadband internet, shared meeting rooms, just-in-time rooms, cafeteria.

- Shared lab facility with prototyping and small-run manufacturing facilities for electronics and mechanical manufacturing provided by Maker Village and Kerala Start up mission.

Capitalization Overview

Current funding: Bootstrapped.

7 shareholders (Arjun Varma - 1,75,876 shares (70%)

Cap table can be shared upon request in the future.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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