8.1 / 10
 Kochi

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

Key Business Facts
Yearly Sales USD 300 thousand
EBIDTA Margin 18 %
Industries Internet of Things
Locations  Kochi
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.
Capitalization Overview
Current funding: Bootstrapped. 7 shareholders (Arjun Varma - 1,75,876 shares (70%) Cap table can be shared upon request in the future.
Assets Overview
Physical assets: Laptops, dev board, desktops, printers, accessories, etc. Intangible assets: software, IOT solution software, Mobile application.
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
Interested to connect with advisors
In talks with 2 Investors
Contact Business