Bangalore Fluid Dispensing Equipment Mfg Seeks Funding
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Product / Service
They specialize in manufacturing and supplying a range of Products, such as:
Adhesive Dispensing Products.
2K Meter mix dispensing.
Grease Dispensing system.
Dispensing Robot.
Clientele type
They operate within a B2B framework, serving as trusted partners to a distinguished clientele that includes renowned companies such as:
Ather
Stanley Black & Decker
Hindustan Aeronautics Limited
Mann & Hummel Filters
TVS
Premises
At their corporate office located in Bangalore, they have thoughtfully designed spaces dedicated to various functions, including an office area, an area for accounting and HR teams, a storage facility, and a specialized manufacturing zone. Additionally, they extend their presence with branches in Delhi, Chennai, and Pune.
Asking Price Includes
In the case of fundraising via equity, they are offering a 5% stake, and In the case of fundraising via debt, the terms could be discussed upon investor introduction.
Reason
Funds are required for various crucial purposes, including research and development, expanding manufacturing infrastructure, and propelling the business into the global arena.
Other Details
Within their team, they have organized various departments and roles as follows:
Product Development & Engineering Team:
Engineer, Mechanical: 5
Engineer, Electrical: 3
Engineer, Software: 2
Engineer, Manufacturing: 2
Technician, Electrical/Mechanical: 7
Sales & Marketing Team: 5
Admin Team (HR, Accounts): 2
Management:
In the capable hands of an experienced professional with over 40 years of diverse experience in both government and business sectors, the company has been thriving. While formerly holding the position of proprietor, this individual has entrusted the company's operations to an active manager.
Active Manager:
The current active manager brings to the table more than 22 years of expertise in engineering and business operations. They are a graduate of Delhi College of Engineering, class of 1991.
Prior to taking the helm at the company, this individual built an impressive career in various multinational companies, specializing in new product development and business management. Their professional journey has spanned across multiple renowned MNC organizations.
The Director of the company, a position assumed by the Managing Director's offspring, is entrusted with the pivotal responsibility of overseeing company operations and spearheading its growth. They are fully dedicated to their role and work full-time to drive the company's success.
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