Raising Capital For B2B Well Growing Tech Firm With Patents
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Product / Service
Products
Standard and Customized Electrical and Electronics connectors for Indian and Global Market.
Services
Design, Development, Testing, Manufacturing and Supply of precision engineering
components (Plastics, metal) for Indian and Overseas customers.
Clientele type
Current: Automotive, Consumer Appliances
30+ Customers covering OEMS, TIER1, TIER 2 Suppliers and EMS Companies.
Premises
LEASED
Lease per month (in INR): 70.00 K
Security Deposit (in INR): 80.00 L
Carpet Area: 7,000 sq ft
7000 Sq Ft company running near Bangalore, plant and machinery, tooling, software talent for design services.
Asking Price Includes
10% equity
Reason
Fund Utilization Plan:
40% - New Product Development
30% - Capex
13% - Marketing & Contingency
17% - Business Development, Certifications, Other Opex
Other Details
• Only Indian Company providing integrated solutions for design, development, testing and manufacturing of connectors and contact terminals covering
precision engineering plastic and metal components.
• Import Substitute, Cost Effective Solutions
• 4 Patents received for product design.
• 1 Patent applied through research in material science.
Traction and Potential:
• FY 21-22 Revenue INR 2.16 Cr.
• Projected FY 22-23 Revenue approx. INR 6 Cr, with ARR of in INR 8- 9 cr by March FY 22-23.
. Potential to reach INR 100 cr in next 4-5 years.
Team: Total 25 members :
A.(Co-Founder and CEO)
B Tech (2010)
12 Years’ CORPORATE Experience,
Expertise in Sales, Business Development & Product Development
B.(Co-Founder and CTO)
B Tech ( 2010)
12 years’ corporate experience,
Expertise in Technology, operation & management
Recognized & supported by:
• Various reputed national Institutes and grants
. Angel Investors with funding of inr 2.66 cr in fy 21-22
. PSU bank with Cash Credit limit of inr 2 cr
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
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