Rail Tech Company Raising Funds In Pune
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About Business
They are a rail tech company offering products such as Wheel Impact Load Detector (WILD), Acoustic Bearing Monitoring, Wayside Detection Systems, On-Board Systems, Railway Track Measurement Systems, and more. Additionally, they provide services including railway condition monitoring systems, automatic coach identification systems, ground-based security surveillance and safety systems, and many more.
Clientele type
Their clients include the Indian Railways and major players in the Oil & Gas industry such as HPCL, BPCL, and IOCL.
Premises
LEASED
Lease per month (in INR): 60.00 K
Security Deposit (in INR): 1.00 L
Carpet Area: 5,000 sq ft
Asking Price Includes
30% equity.
Reason
Capitalize on the current opportunity, they have to improve their team and product manufacturing and technology improvement.
More Details
They are working majorly with the Indian Railways and the Indian oil and gas sector across India and they are an actively registered vendor that participates in low voltage safety and security system supply and integration. They have deployed their in-house system in both sectors, helping to increase productivity.
Our work involves predicting the working life cycle to minimize breakdown and improve work efficiency with a minimum workforce.
They participate heavily in tenders since it's the simplest approach to serve a large geographic area without incurring a lot of costs for marketing.
They have been in this industry for more than 15 years, and we began our own endeavor as a proprietorship 13 years ago. After the firm became profitable, they incorporated a pvt ltd. 9 years later.
Their product is in high demand and they have a significant presence across their customer base, both of which will boost sales and profitability.
With the Make-in-India initiatives of the Indian government in mind, they find themselves needing to capitalize on the first-mover advantage in the product segment they are working in. This will help them develop their product to the next level, making it acceptable to the global market, and upgrade their existing system, which will be a game-changer.
We collaborate closely with RDSO, who produce and freeze ice for the Indian Railway. Now that these products are in the last stages of development and will shortly enter the tendering process, we are considering a significant potential for us. This encouraged us to decide to sell the stock and secure funding to expand our firm and reach our objective.
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₹10 to ₹200 Cr
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