IoT-based Food Tech Startup Raising Funds In Chennai
Email
Phone
Google
LinkedIn
Facebook
Product / Service
Autonomous Vending machines that can serve Chaat, Salads and beverages
Clientele type
Their product can be installed In IT Parks, Malls, Schools, Colleges, Hospitals, Co-Working spaces, etc.
Premises
This BOT occupies a space of 2ft x 2ft so the space required is very limited and can be installed anywhere
Asking Price Includes
The terms of the transaction will be discussed with potential investors.
Reason
They are seeking funds for employing machines and expansion purposes -
Other Details
We are a Chennai-based start-up, incubated at IITM, that specializes in the development of state-of-the-art self-dispensing machines, meticulously designed to serve customers with unparalleled hygiene standards.
Our unwavering commitment revolves around providing consumers with the finest quality food products at any hour of the day.
The inception of these advanced BOTs stems from the visionary minds of our promoters, who dedicated five years to refining this groundbreaking solution, resulting in a filed patent.
These compact BOTs can be seamlessly installed in even the most confined spaces, effortlessly preparing and serving fresh food in an instant.
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?
