1. Businesses
  2. Manufacturing
  3. Maharashtra
  4. Pune
  5. SL021165
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GPS Tracker Device Manufacturer Raising Funds In Pune

Listing ID: SL021165
Posted By: Owner
Last Active: 2+ months ago
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About Business

The founder launched a GPS tracking device used for location tracking. The company has developed a small device that connects to GPS, allowing users to track its location on their mobile phones. It is mainly used for commercial purposes, but some customers also use it for personal tracking. So far, over 10,000 devices have been sold.

Clientele type

Majorly the clients are buying the device for the commercial purpose and some are for the personal use.

Premises

LEASED

Lease per month (in INR): 18.00 K

Security Deposit (in INR): 1.00 L

Carpet Area: 200 sq ft

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Asking Price Includes

The founder is open to fundraising, with equity stakes offered based on the investment amount. They are also willing to sell the business if the investor has the capability to take it to the next level.

Asking Price

INR 20.00 Cr

Minimum ticket size

INR 1.00 Cr

Reason

The founders are seeking funds to expand the business across India.

More Details

The company has already sold 12 franchises, and the current franchise price is INR 1 lakh.

Keywords

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Business Tags

GPS Tracker Device Manufacturer Raising Funds In Pune GPS tracking system personal gps tracker

₹10 to ₹200 Cr

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