B2C Smart Lock Startup in Jaipur Looking For Funds

Listing ID: SL004059
Posted By: Owner
Last Active: 6+ months ago
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Product / Service

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

Other 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

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