Internet of Things Company Investment Opportunity in Jabalpur, India
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 20 - 30 thousand |
Run Rate Sales | USD 36 thousand |
EBITDA Margin | 15 % |
Industries | Internet of Things |
Locations | Jabalpur |
Local Time | 6:28 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Recently Active |
- The company is based in Jabalpur and operates in the Internet of Things industry.
- With a team of 8 employees, the company specializes in manufacturing IoT-based automatic electronic devices, with a focus on the agriculture sector. We assemble all these components and build these products to sell them.
- Each order takes about an hour's time to complete on an average,
- About 80% of the employees are engineers by education.
- The company's top products include an Internet Pump controller with multiple sensors such as pressure sensor, voltage sensor, current sensor, float sensor, and also includes irrigation monitoring systems.
- The company has a significant client base, servicing around 500 clients across India, indicating a wide market reach.
- The revenue model of the company is primarily based on a sales and subscription system, with an average of 50-60 orders per month, generating approximately INR 5,000-7,000 per order.
- The company has been recognized with several awards, including the winner at RGPV Hackathon, Jabalpur Hackfest 2022 winner, Alibaba Cloud Developer Circle, Global Digital Innovation Award, JCCI Startup Award, BNI Business Beacon Award, Manit E-summit Award, and Shekunj startup conclave award, showcasing its achievements and industry recognition.
- The company's focus on providing IoT solutions for the agriculture sector aligns with the growing demand for innovative technology in the agricultural industry, indicating potential growth opportunities.
Our top products include -:
- Internet Pump controller with multiple sensors - pressure sensor, voltage sensor, current sensor, float sensor and Irrigation monitoring systems.
Tangible assets -: Machinery, electronics assembly tools and computer systems.
Rented apartment with 2 floors and 4 rooms in Jabalpur, Madhya Pradesh.
We have raised INR 25 lakhs equity, INR 14 lakhs as debt and a grant of 8 lakhs. The company has 4 directors.