B2C Smart Lock Startup in Jaipur Looking For Funds

Listing ID: SL004059
Posted By: Owner
Last Active: 1+ year ago
Verified User Information
emailEmail
phonePhone
googleGoogle
linkedinLinkedIn
facebookFacebook

About Business

This is a unique opportunity to acquire a well-established smart lock business with a proven track record. The company offers a user-friendly and secure solution, catering to the growing demand for smart home technology.

Clientele type

Tech-savvy homeowners, Airbnb or rental property owners, and Security-conscious individuals

Premises

NA

Asking Price Includes

Open to selling either an 80% equity stake or a complete acquisition.

Reason

Cash Flow Needs

More Details

They offer a smart lock solution that allows users to lock and unlock their doors remotely using a passcode or through a mobile phone app. This eliminates the need for physical keys, providing increased convenience and security.

Key Points:
Established Business: Founded in 2014 (sole proprietorship) and converted to a private limited company in 2016.
Proven Model: Products have been available for sale on Amazon since late 2017 with approximately 80 satisfied customers.
Scalability: The company currently outsources manufacturing, offering flexibility for future growth.

Business Tags

Accelerated at World Startup Factory Good customer base Good reputation Indias first smart lock Private Limited Quality Products with Brand name Top 8 Iot startups

₹10 to ₹200 Cr

Complete Investment Banking Solution in 120 Days

Seamless Fundraising/M&A transactions

Start your growth journey with our 25+ Years of Experienced Professional Team.

Contact IBGrid Team

You may also like

Ask Us Anything

To connect with the owner of this B2C Smart Lock Startup in Jaipur Looking For Funds :
  • Register on IndiaBizForSale platform
  • Click on the “Contact Business” button on the business detailed page
  • Connect with the business owner directly
Note: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
Before buying a B2C Smart Lock Startup in Jaipur Looking For Funds , check:
  • Growth prospects of the industry and business
  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
  • Will the clients continue with the business after the acquisition?

The business opportunity is posted either by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published.

We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity may be put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks.

We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.

IndiaBiz offers:
  • Direct connection with owners
  • Advisory services like valuation, end to end deal management
  • Business preparation like preparing Information Memorandum, Pitch deck, etc.
If you have any queries or need help, our team is here for you. You can email us at [email protected].
Yes. Once connected, you can negotiate:
  • Deal structure (cash, equity, mix)
  • Transition timeline
  • Support during handover
  • Final consideration based on due diligence

As a seller, you are not allowed to contact another seller.

You cannot contact the seller as the Business Listing is On Hold

Error Occured

You cannot contact the seller as the Business is not available Anymore.

You cannot contact the seller as the Business is Sold.

Your mobile number is verified.
Your message will be sent after you have listed
your Buying requirements (takes 2-3 minutes).
Press Next.

Your message will be sent only after you have
verified your email-id. Please check your email.
Press Next.