Internet of Things Company Investment Opportunity in Bangalore, India

-Supplied around 120K telematics units to Volvo Eicher commercial vehicles through ZF.

-Working with Volvo Eicher to supply telematics units for their new vehicles.

-Supplied around 40K telematics units to different two-wheelers and three-wheelers battery manufacturers.

-Supplied around 50K telematics units in the aftermarket segment.

-Exclusive partnership with Bosch to develop telematics gateway units to cater to European and US markets.

-Partnered with Amara Raja to supply telematics unit along with a cloud application to monitor battery data.

-Working with Reliance to provide telematics to EV two-wheelers and three-wheelers.

-Manufacturing unit with a production capacity of 5,000 units/month with a 50% capacity utilization rate.

-85% of our clients are domestic and we export the rest.

-AIS140 certified products.

-We offer telematics products for commercial vehicles, cars, two-wheelers, and three-wheelers, both for IC and EV.

-We design BMS for two-wheelers and three-wheelers.

20 computers, 30 various instruments, and office furniture.

-We have a design and production unit of about 3,500 Sq Feet.

-Property is rented, rent is INR 1.4 lakhs per month with annual renewal of the agreement.

-Bootstrapped company.

-Availed about INR 1.4Cr of non-collateral business loan and INR 1.5Cr of OD facility under CGTMSE scheme.

-Three major stakeholders hold 84% of the equity.