Products/Service

Metal PCB, FR Glass PCB Fabrication, LED Strip Driver, Design & Testing services (Planned), LED Street Light, LED Flood Light

Clientele Type

This business has acquired a regular loyal customer base of more than 40 no from LED Lighting and Electronic manufacturing segments 

Premises

A two storey building in Khairne MIDC, Navi Mumbai, with an usable area of 2000 Sq ft, on rental agreement of three years starting from March 2020, security money paid is 2 lakhs, and monthly rental of 55000 INR. The factory is ideal for electronics manufacturing because of its vicinity to the Mumbai & Town area, closeness to its target customers in Electronics Manufacturing, who are concentrated in Navi Mumbai in abundance.

Asking Price Includes

Interest rate @15% is on the offer. If the investor is interested in the Equity, the % stake will be decided after the valuation of the business.

Reason

The investment is for scaling up the business, as we are about to add more products and services

Other Details

It has ventured into Electronics Manufacturing Services (EMS) to work closely with OEMs and ODMs as their strategic partner in their success journey.
It has been established to offer single-window solutions in fabrication and assembly of key electrical and electronic building blocks including PCB, LED Drivers, etc.
Also, they are aspiring for developing full-length EMS services including Design and Testing services, Box Build Assembly, White labeling services, etc.
About the Founder: A consummate professional with fourteen years of experience in Electrical & Electronics Industry, He brings to the table a diverse experience of Business Strategy, Product Management, Sales Management, CRM implementation, Digital Marketing, Marketing Communications, Team Building, Factory Operations (on small scale). etc. He has worked with Industry leaders in Electrical & Electronic Components, OEMs in UPS, Industrial (Telecom) Batteries, Market Research & Consulting - Batteries & Power Systems (APAC Region).
The team includes the founder who is a mechanical Engineer / MBA Marketing with 14 years of experience, the Sales Head who is an Electronics Engineer with 25 years of experience in Batteries & UPS, A Management Trainee, M Tech- Electronics, Heading the Product Innovation projects, responsible for Engg related activities, working in tandem with the Management to bring innovation in the business process and improved customer services the Co-Founder who is not a part of the core team, he is a Strategic Advisor in Finance related activities, the Business Operations Head, a subject matter expert, managing key accounts and also Business Development Activities and an experienced professional who brings 14 years of expertise in PCB Design/Conversion related activities.
Reliable TEAM is the key to our success and offering Delivery ON Time Every Time.
Service Highlights includes fast Prototype in 48 hours, Quick Turn Around Services, We keep a close watch on every stage of the production process to meet quality and delivery requirements, Strict process controls to ensure consistent quality and reliability.