Growth Stage Innovative Iot Startup from Ahmedabad with Focus in Logistics Is Looking for Capital Investment

Listing ID: SL002663
Posted By: Owner
Last Active: 1+ year ago
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Product / Service

The company builds innovative IoT solution for the transportation industry enabling the fleet owners to improve operational efficiency and reduce the cost of operations. .

They aim to become the trusted brand for transportation IoT industry in India and are looking for partners in growth. For the same, they are giving up dealerships where the dealers will be able to sell the product on a monthly rental of INR 650 (applicable taxes) per device per month. The dealer's margin varies from 20-30% per device per month. The company is offering dealerships with the signup fee of INR 1.5 Lakhs onwards.

Clientele type

Their solutions are used by marquee brands like Amul Ice-cream, Havmor Ice-cream, Real Namkeen, Hindustan Unilever, Honda Logistics and many more.
They have strategic partnerships with Mahindra and Mahindra – Truck and Bus Division, Accenture, HP Enterprise and Ice-make for their IoT solution range

Premises

Rented Office

Asking Price Includes

Region Specific Dealership

Reason

Looking for an investment partner to fuel the growth trajectory of the company for product development & geographical expansion.

Other Details

They want to expand their business into multiple geographies across India through a nation-wide dealer network and are looking to partner with promising individuals and businesses who can leverage the opportunity be aggressive on growing the business. Dealers will have the opportunity to build a long-term sustainable source of recurring revenue for their business.

Keywords

Business Tags

High Potential Strategic Partnership Well-known customers

₹10 to ₹200 Cr

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