Security Devices Startup Investment Opportunity in Bangalore, India
Established | 0-1 year(s) |
Employees | 2 - 5 |
Legal Entity | General Partnership |
Reported Sales | USD 90 - 100 thousand |
Run Rate Sales | USD 120 thousand |
EBITDA Margin | 18 % |
Industries | Surveillance Devices |
Locations | Bangalore |
Local Time | 4:46 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Digital door locks for hotels and residences catering to both hospitality industry and individual consumers for guest access and personal use.
- Pioneered the manufacturing of RFID reader, a first in India.
- Developed hotel lock application software, marking a first in the Indian market.
- Boasts a skilled team capable of developing advanced lock models in the future.
- Established dealer network and initial exposure for scalability with a Pan India reach.
- Imports hardware from other countries.
- Trademarked brand for brand recognition and protection.
- Own software with complete source code for customization.
- Sold 1,250 units across 30 projects, predominantly in the B2B sector last year.
- Seeking expansion into the B2C market segment.
- Promoters possess extensive experience of 15 years in the industry.
- Introduced card reader technology for the first time in India.
- We outsource manufacturing.
- Licensed we hold are GST and I-E code.
- Aiming to collaborate with system integrators for broader market penetration.
- Customer base established in key cities like Delhi, Chennai, Kolkata, and Mumbai.
Digital door locks and card reader technology for hotels and residential use.
Assets include:
Stock, equipment, fixtures and furniture.
Occupying a 1,500-square-foot office space, we have dedicated technical, service, and sales teams for development, servicing, and scaling, respectively. The office is in north Bangalore, and monthly rent stands at INR 15,000.
Partners investment.
No debt or loans.
There are 2 partners.
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Earlier than 15 daysDirector, Hospitality, Technology And Wellness, Bangalore, Individual Investor / Buyer connected with the Business