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    Internet of Things Startup Seeking Loan in Noida, India

    Company that has developed home automation products that has completed 10 projects seeks loan.
    Established 0-1 year(s)
    Employees 2 - 5
    Legal Entity Private Limited Company
    Reported Sales Nil
    Run Rate Sales USD 43 thousand
    EBITDA Margin Operating at loss
    Industries Internet of Things
    Locations  Noida
    Local Time 10:43 PM Asia / Kolkata
    Listed By Business Owner / Director
    Status Recently Active
    Overall Rating
    7.8 / 10
    Compare with industry
    Seeking Loan
    USD 120 thousand for 10.0% annual interest, 5 years (Native Currency: INR 10,000,000)
    Reason: Need funds for marketing and to improve the cashflow.
    Collateral Available: USD 120 thousand
    Includes physical assets worth USD 10 thousand
    Name, Phone, Email
    Available after connect
    Business Name
    Available after connect
    User Verification
    Documents
    ROC-Verification.pdf
    ROC-Verification.pdf (54.1 KB)
    Business Overview

    - The idea to convert common areas into remarkable, intelligent settings is at the core of our purpose.

    - We are at the forefront of technical innovation, always looking to the future to bring customers the most cutting-edge smart home automation solutions.

    - Have completed around 10 projects. Have around 32 ongoing projects.

    - Have an in-house team that has developed this automation.

    Products & Services Overview

    Smart touch panels, retrofit devices, curtain motors, curtain controllers and smart door locks.

    We are targeting to sell these products through architects, interior designers, and developers.

    Assets Overview

    Tangible assets include desktops and stock.

    Intangible assets- software.

    Facilities Overview

    Office is located in the north of the city. The monthly rent is INR 21,000.

    Capitalization Overview

    - Company has 2 shareholders.

    - Business has no loan.

    Tags:

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    33 Investors viewed this Business.
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    Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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