Sports Tech Startup Company for Sale in Bangalore, India

- We are the developers of shuttle feeder machines.

- We have spent 3 years on R&D and have started sales 4 months ago.

- Have sold 7-8 units so far.

- Have an order to manufacture 45 new units.

- Our clients are badminton coaching centres.

- Manufacturing is done by a third party.

- Revenue is generated through sales of machines and subscription models for the software with a cost of INR 8,000 per month.

- The product is patented and can be controlled through IoT.

- The business has a registration document.

- The promoters have experience in the product development industry.

- Business is currently operating at a loss due to R&D expenses.

- We require a high number of employees to keep up with the R&D.

Manufacturer of IoT control shuttle feeder machine with software.

The assets of the business include furniture, R&D products, and office equipment.

Have rented a 2,200 Sq. Ft. space in Jayanagar.

- The business is bootstrapped and has received funding from an angel investor.

- The re is an ongoing loan of INR 2 crore.

- There are 3 partners with a shareholding pattern of 92%-5%-3%.