IT Services Startup Raising Funds For Expansion In Bangalore
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Product / Service
It is an IT Solutions company that provides automation solutions with the newest and cutting-edge technologies such as the Internet of Things (IoT).
Developing Building (home/office), Agriculture and farming Automation Solutions, Smart City Transformation, Health Care Digitization Solutions, Industrial Automation Products, Automation in data communication and reports, Pre and Post Sale Automation, Business Automation Workflow, Office Automation, and Smart Home Automation solutions.
Clientele type
Their clientele encompasses a diverse range of industries, including hospitality, educational institutes, real estate, and farms.
Premises
LEASED
Lease per month (in INR): 10,000
Security Deposit (in INR):
Carpet Area: 300 sq ft
They are Looking for a new place for operational purposes, the current details mentioned is of the registered address
Asking Price Includes
The terms of interest payment are subject to discussion.
Reason
Securing funds to support startup operations and marketing efforts aimed at boosting productivity is a top priority. Their primary focus includes expanding the team and pursuing distributorship of smart automation solutions in Karnataka.
Other Details
The founders collectively bring over 20 years of professional expertise to the IT sector, demonstrating proficiency in technology, administration, finance, and operations.
The team comprises three technicians and two sales professionals.
The company initiated its operations approximately three months ago, in June 2023, and is projecting a turnover of 20 lakhs by the end of the year.
They have done a few deployments of CCTV, and are in contact with two clients regarding smart automation.
Business Tags
₹10 to ₹200 Cr
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