Newly Established Industrial Measuring Equipment Business Seeking Loan in Mumbai, India
Mumbai-based pre-revenue startup leverages AI for non-destructive testing, targeting high-value contracts in critical sectors.
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Industrial Measuring Equipment |
| Locations | Mumbai |
| Local Time | 4:13 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
590 thousand
for
10.0%
annual interest,
3
years
(Native Currency: INR 50,000,000)
Reason: We need this funding to start a manufacturing unit to produce our product.
We will start the repaym...
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Collateral Available: USD 0
Includes physical assets worth
USD
59 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
GTA Case Study
(2.9 MB)
GTA Inspection
(1.6 MB)
The Product Concept
(60.9 KB)
ROC-Verification.pdf
(297.1 KB)
Business Overview
- Industry focus: the business operates within the testing and inspection industry, specifically utilizing advanced AI and hyperspectral technology for quality inspection across multiple sectors, including textiles, pharmaceuticals, food, FMCG, and explosives.
- Innovative product offering: the flagship product is a non-destructive testing device that leverages hyperspectral machine vision combined with AI, providing a new dimension of quality inspection to enhance product reliability and safety.
- Pre-revenue stage: currently, the business is in the pre-revenue phase, having developed a working prototype and established proof of concept (PoC) with prominent clients such as Trident Group and GTA Belgium.
- Market potential: with a pricing strategy set at INR 50 lakh per system, the business targets high-value contracts with companies in critical industries, indicating strong potential for revenue generation upon market entry.
- Strategic partnerships: the company has secured a collaboration with SAC ISRO for the assembly of its product, leveraging cutting-edge technology and expertise from one of India’s leading space research organizations.
- Experienced leadership: the founding team includes a promoter with significant experience at ISRO, having contributed to notable missions such as Chandrayaan 1, Chandrayaan 2, and Aditya-L1 mission.
- The company was registered in the MCA last year but we have been researching and developing the product for 2 years.
- Innovative product offering: the flagship product is a non-destructive testing device that leverages hyperspectral machine vision combined with AI, providing a new dimension of quality inspection to enhance product reliability and safety.
- Pre-revenue stage: currently, the business is in the pre-revenue phase, having developed a working prototype and established proof of concept (PoC) with prominent clients such as Trident Group and GTA Belgium.
- Market potential: with a pricing strategy set at INR 50 lakh per system, the business targets high-value contracts with companies in critical industries, indicating strong potential for revenue generation upon market entry.
- Strategic partnerships: the company has secured a collaboration with SAC ISRO for the assembly of its product, leveraging cutting-edge technology and expertise from one of India’s leading space research organizations.
- Experienced leadership: the founding team includes a promoter with significant experience at ISRO, having contributed to notable missions such as Chandrayaan 1, Chandrayaan 2, and Aditya-L1 mission.
- The company was registered in the MCA last year but we have been researching and developing the product for 2 years.
Products & Services Overview
The business's top-selling product will be:- Hyperspectral machine vision with AI.
The product is a non-destructive testing device used for the quality inspection of food, textiles, pharmaceuticals, FMCG and explosives.
Our clients will be companies from these industries.
Assets Overview
Tangible assets: lab equipment, microscopes and camera vision system.Intangible assets: product patented with 3 patents in India.
The diverse experiences of all the promoters in various fields.
Facilities Overview
Operates out of a rented office in Chembur, Mumbai.
Capitalization Overview
Bootstrapped business with no loans.The business has 4 directors.
Tags:
Newly Established Industrial Measuring Equipment Business Seeking Loan in Mumbai, India
·Lend to Newly Established Industrial Measuring Equipment Business in Mumbai, India
·Newly Established Industrial Measuring Equipment Business Seeking Loan in Bombay
·Lend to Newly Established Industrial Measuring Equipment Business in Bombay
·Newly Established Industrial Measuring Equipment Business Seeking Loan
·Lend to Newly Established Industrial Measuring Equipment Business
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