Deep-Tech IoT MFG Startup Raising Funds In Coimbatore

Listing ID: SL015836
Posted By: Owner
Last Active: 1 week ago
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About Business

The startup is recognized under the DPIIT program and focuses on developing innovative anti-theft hardware solutions as part of the Make in India initiative. It holds two granted patents with a third provisional patent in process, showcasing strong innovation capabilities.

The venture was incubated at IIM Bangalore’s NSRCEL and is part of the Stanford Seed Spark program, ranking among the Top 10 at IIM Bangalore and Top 15 in the Stanford Seed Spark Cohort.

Led by seasoned founders with over two decades of experience each and prior P&L responsibilities exceeding ₹500 crore, the company combines strategic leadership with technical excellence. It is a woman-led enterprise with international exposure and active participation in major industry networks such as NASSCOM, BNI, TiE, NAMFS, and LUB.

Clientele type

The company currently serves B2B clients and has secured a significant national-level order. It also caters to OEMs, with its existing clientele including businesses in the hospitality sector, educational institutions, and jewelry retailers.

Premises

LEASED

Lease per month (in INR): 90.00 K

Security Deposit (in INR): 5.00 L

Carpet Area: 5,000 sq ft

The company has a separate factory and office space spanning 2500 each.

Asking Price Includes

The company is offering equity shares at a competitive valuation and a board seat to investors committing over ₹1 crore.

Asking Price

INR 3.00 Cr

Minimum ticket size

INR 25.00 L

Reason

The company is in the process of onboarding clients with deal sizes exceeding ₹100 crore, has secured two granted patents, achieved early revenue traction, and successfully stabilized its product.

Licenses

2 patents and 2 trademarks granted

Business Tags

Deep-Tech IoT MFG Startup Raising Funds In Coimbatore

₹10 to ₹200 Cr

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