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Mobile Tracking Solution Business Looking for Investment

Listing ID: BB001796
Posted By: Third party
Last Active: 1+ year ago
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About Business

It is a private limited start-up business based in Bangalore that is looking for investment. Started in 2014, the business offers quality and accurate tracking solutions that provide real-time location updates using state-of-the-art technology and remote management system. In addition, they also provide various services using Geo-Fencing like:
Real-time travel plan on satellite map
Image capture with geo-tagging
Signature verification
Cascade monitoring in hierarchical team structure
They cater to industries like pharma, healthcare, cement, logistics, services etc. Some of their key clients include: Supreme Industries, Alembic, Goodyear, Parle Agro, VIP, Pantaloon etc. The total number of registered users last year was 600+ of which 55 had opted for paid services.
They are looking for an investment of INR 1.5 Cr. which would be used for R&D, infrastructure, automation, marketing and product technology development. They are also open to selling the entire business for INR 40 Lakhs.

Reason

Looking for Investment to Scale Up or Sell

Keywords

Logistics business opportunities in Bangalore , Franchise opportunities in Bangalore , Logistics business investment in Bangalore , Logistics business opportunities , Business opportunities in Bangalore

₹10 to ₹200 Cr

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  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
    • Will the clients continue with the business after the acquisition?

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