Telecom & Embedded Tech Business Raising Funds in Bangalore
Product / Service
They offer a range of products and services including UICC, eUICC, and iSIM technology, embedded secure elements, NFC technology, smart card integration, and app development. Their in-house products encompass smart card OS, embedded secure elements (eSE OS), and embedded UICC (eUICC OS). They also develop Java Card applets, financial applets, and native applications.
Clientele type
Their clientele includes major mobile network operators (MNOs) such as Airtel and Jio, banking institutions, handset manufacturers, digital currency providers, automotive sector players, hotel chains, and metro card issuers. They also serve sectors involved in ID, transit, and access control. Including :- 1. Japanese MNO 2. US client
Premises
LEASED
Lease per month (in INR): 30,000
Security Deposit (in INR): 200,000
Carpet Area: 1,000 sq ft
Asking Price Includes
They are ready to offer 10% equity in exchange for raising funds.
Asking Price
INR 30.00 Lac
Minimum ticket size
INR 3,000,000 (INR 30.00 Lac)
Reason
The promoter aims to procure chips from manufacturers and develop the operating system. To support this, they are raising funds.
Other Details
The company, established in 2019, operates with a team of 8 specialists focusing on innovative solutions for eUICC technology. Their expertise includes Java Full Stack and eSIM technologies, although they currently lack a management team due to funding constraints.
Vision: They aim to become a leading global provider of RSP solutions and a top eUICC OS provider in the APAC region.
Expertise: They boast a dynamic team with a decade of domain expertise, featuring unique elements like dynamic memory management in the Java Card platform and enhanced security algorithms.
Current Projects: Their in-house projects involve the development of an eUICC OS, RSP platforms for consumer devices and IoT, and OTA platforms for eUICC and UICC management.
Future Plans: They plan to build an MVP of the eUICC OS within three months, contingent on receiving seed-level funding. They have already developed Proof of Concepts for their RSP platform.
Business Tags
₹10 to ₹200 Cr
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