Telecom & Embedded Tech Business Raising Funds in Bangalore
Email
Phone
Google
LinkedIn
Facebook
Product / Service
They offer a range of products and services including UICC, eUICC, and iSIM technology, embedded secure elements, NFC technology, smart card integration, and app development. Their in-house products encompass smart card OS, embedded secure elements (eSE OS), and embedded UICC (eUICC OS). They also develop Java Card applets, financial applets, and native applications.
Clientele type
Their clientele includes major mobile network operators (MNOs) such as Airtel and Jio, banking institutions, handset manufacturers, digital currency providers, automotive sector players, hotel chains, and metro card issuers. They also serve sectors involved in ID, transit, and access control. Including :- 1. Japanese MNO 2. US client
Premises
LEASED
Lease per month (in INR): 30.00 K
Security Deposit (in INR): 2.00 L
Carpet Area: 1,000 sq ft
Asking Price Includes
They are ready to offer 10% equity in exchange for raising funds.
Asking Price
INR 30.00 L
Minimum ticket size
INR 30.00 L
Reason
The promoter aims to procure chips from manufacturers and develop the operating system. To support this, they are raising funds.
Other Details
The company, established in 2019, operates with a team of 8 specialists focusing on innovative solutions for eUICC technology. Their expertise includes Java Full Stack and eSIM technologies, although they currently lack a management team due to funding constraints.
Vision: They aim to become a leading global provider of RSP solutions and a top eUICC OS provider in the APAC region.
Expertise: They boast a dynamic team with a decade of domain expertise, featuring unique elements like dynamic memory management in the Java Card platform and enhanced security algorithms.
Current Projects: Their in-house projects involve the development of an eUICC OS, RSP platforms for consumer devices and IoT, and OTA platforms for eUICC and UICC management.
Future Plans: They plan to build an MVP of the eUICC OS within three months, contingent on receiving seed-level funding. They have already developed Proof of Concepts for their RSP platform.
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?
