Logistics Asset Management Iot Startup Looking for Investors

Available on Introduction
Listing IDBB005999 Asking Price (in INR) INR 2.00 Crore Last Year TurnoverINR 1.00 Crore EBITDA/ Operating Margin % 10%
  • Logistics Asset Management Iot Startup Looking for Investors

Business Details

PRODUCTS & SERVICES

(Name hidden) is an IoT start-up focussed on building Logistics Asset Management platform around material handling at warehouses and manufacturing sectors using the Internet of Things, artificial intelligence, cloud, and big data analytics Its flagship product (name hidden) is an IoT platform which helps the industrial vehicle owners (post rental booking) to track the operational efficiency, remote immobilizing, attendance and preventive maintenance in real time and help the business owner to plan accordingly The solution has been successfully implemented at TVS Logistics, a leading global logistics service provider. The promoters are interested to raise equity funds for scaling up the operations of the company

CLIENTELE

TVS Logistics and other logistics providers

PREMISES

Direct Sales

OTHER DETAILS

Can be easily scaled up to Rs 50 Cr annual revenue in five years' time

ASKING PRICE INCLUDES

Entire software platform and existing businesses of customers

IndustrySoftware Development & Support LocationChennai
Total Views291 Last Active2+ months ago
Entity typePrivate Limited Started in 2010
Transaction TypeRaise Funds (via equity) Employees100
ReasonEquity support for growth(Equity support for growth)

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Verification of the listing does not imply that Asking price reflects the valuation of the business

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