7.7 / 10
 Kochi

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

Key Business Facts
Yearly Sales INR 2.4 crore
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: INR 3.5 crore (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 INR 3 lakh
Interested to connect with advisors
In talks with 2 Investors
Contact Business or Enquire on WhatsApp