Mobile Tracking Solution Business Looking for Investment
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It is a private limited start-up business based in Bangalore that is looking for investment. Started in 2014, the business offers quality and accurate tracking solutions that provide real-time location updates using state-of-the-art technology and remote management system. In addition, they also provide various services using Geo-Fencing like:
Real-time travel plan on satellite map
Image capture with geo-tagging
Signature verification
Cascade monitoring in hierarchical team structure
They cater to industries like pharma, healthcare, cement, logistics, services etc. Some of their key clients include: Supreme Industries, Alembic, Goodyear, Parle Agro, VIP, Pantaloon etc. The total number of registered users last year was 600+ of which 55 had opted for paid services.
They are looking for an investment of INR 1.5 Cr. which would be used for R&D, infrastructure, automation, marketing and product technology development. They are also open to selling the entire business for INR 40 Lakhs.
Reason
Looking for Investment to Scale Up or Sell
Keywords
₹10 to ₹200 Cr
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