National Award Winning Deep Tech Start-Up Raising Funds
Email
Phone
Google
LinkedIn
Facebook
Product / Service
Research, development, and manufacturing of cutting-edge AI and IOT-based instruments. Currently, they have developed an IOT based multi-parameter water analyzer under the financial grants from Ministry of Jal Shakti and Invest India.
Clientele type
1. Indian Army
2. Drink Prime
3. PHED Haryana
4. PHED Assam
5. PHED Rajasthan
6. Ministry of Jal Shakti and more.
Premises
They have a research lab at IIT Delhi.
Asking Price Includes
Looking to dilute equity against Investment.
Asking Price
INR 6.00 Cr
Minimum ticket size
INR 50.00 L
Reason
We are raising funds to meet the quantum of order in hand and channel, to expand team and further research 10x products.
Other Details
Value proposition
- We are a deep tech startup with a mission to reduce the consumption of contaminated drinking water and the associated diseases in 6.4 lac gram panchayats across India.
- To address this critical issue, we have developed an easy-to-use, handheld, IoT-based multiparameter water quality analyzer.
- This innovative device requires no scientific training to operate and functions as a decentralized lab within gram panchayats, empowering anganwadi women workers to monitor water quality.
- Our unique AI algorithms, optimized for microcontrollers, have enabled us to create this affordable and scalable solution, bringing clean water to the masses.
1. We have a dynamic team with a founder with over a decade of experience in developing commercially viable technology.
2. The chief revenue officer had a turnover of 80 INR CR in his previous company and studied at XLRI.
3. The chief scientific officer is a PhD from ICGB and an expert in the domain.
4. A strong embedded development team with rich experience.
5. Received National Award for Innovation from CII in 2023.
Previously fund raised :
1. Received a 27 lacs INR grant from Invest India and MoJS.
2. Have raised 35 lacs at a 35 INR crore valuation in the current round.
3. I have been sanctioned a science and technology grant against equity for 50 lacs INR.
4. Nishi Prayas grant sanctioned of 10 lacs.
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?
