Internet of Things Company Investment Opportunity in Bangalore, India

- The business specializes in IoT products/services, with a focus on RFID and associated cloud technology.

- It offers intelligent boom barriers, asset tracking solutions, and end-to-end goods/asset tracking for B2B and B2C clients.

- Boom barriers are physical barriers or gates. They are technologically advanced barriers that can be automated and integrated with IoT solutions for enhanced security and control.

- The company has installed units in Bangalore and Hyderabad, showcasing a strong regional presence and market penetration.

- The clientele is diverse, including B2B clients from the construction industry and B2C clients in cloud-based services associated with the devices based on a subscription model.

- With successful service to four clients, the B2B applications are primarily focused on tracking fixed assets within office environments.

- The promoter brings a wealth of experience with 30 years in the industry.

- The business is fully compliant with essential licenses, including GST and Import-Export licenses.

The business specializes in IoT products specifically intelligent boom barriers.

Clients are both B2B and B2C.

Assets include:

Laptops, systems, furniture and fixtures.

Office is located in Jayanagar.

Sq ft area is 1,000.

Rent per month is INR 35k.

3 shareholders.

98% owned by 1 shareholder.

No loans or debts.