Innovative Clock Startup Seeking Funds To Fulfil Govt Order
Email
Phone
Google
LinkedIn
Facebook
Product / Service
The founder has created an innovative international and Indian clock. The Airports Authority of India has shown interest to put these clocks in international terminal lobbies.
Clientele type
As they just completed creating the final product, they AAI has shown interest to buy the clocks in bulk for international terminals in India.
Premises
LEASED
Lease per month (in INR): 15.00 K
Security Deposit (in INR): 1.50 L
Carpet Area: 1,200 sq ft
Asking Price Includes
The terms of transaction will be discussed with potential investors.
Asking Price
INR 50.00 L
Minimum ticket size
INR 50.00 L
Reason
The AAI has shown interest to put these clocks in the international terminal lobbies and the promoter requires funds to produce the clocks in bulk.
Other Details
The founder is an BSc., MBA graduate and has been in this industry since 2015. The founder presented the clocks to AAI and they were impressed by it and has asked him to fill a Government tender.
The founder is seeking funds to produce the clocks in bulk to fulfil the order.
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?
