Top 5 Drone Software & Training Co Seeking Partners Or Sale
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Product / Service
* Drone Education in India * Drone Services in India * Development of Drone Software products * Hardware R&D unit which has made 2 prototype drones
Clientele type
Clientele is both Private and Government, being a specialised company 1. MRIDC - Maharashtra Railway Infrastructure Development Corporation Ltd 2. Daewoo TPL JV - Mumbai Trans Harbour Link (MMRDA) 3. Survey of India - Karnataka, Mumbai. Uttarakhand 4. Adani Electricity and Management 5. NTPC 6. TATA POWER with GEM Engserv These are a few names. Being a recognised company in this sector the list is not exhaustive.
Premises
Development Office as well as a Corporate Office, both of which are based in Mumbai
Asking Price Includes
1. Running business and profit book. Cash flow positive even during the pandemic, though without the pandemic our 2020-2021 would have ended with a INR 5 Cr topline. 2. Brand value 3. Highly qualified and specialized team in this specialized industry
Reason
1. Right time to seek partner/ sell-out considering govt has relaxed regulations 2. May look at IPO with an investor
Other Details
1. We sold the last company we established related to the software to a NASDAQ listed entity for 10 Mn USD. This was covered by major publications across India.
2. Board and Advisory Mgmt members have experience with companies such as Zandu, MET, Tatas, ICICI.
3. Awarded the best start-up by Indian Railways in 2019.
4. Company Director has a Masters in Computer Science from the State University of New York.
5. Company is cash flow positive.
6. There are only 5 companies of similar products/services in India like us. One of these 5 companies InfoEdge(who is a major investor in Zomato) bought out one of our competitors..
7. https://www.hindustantimes.com/india-news/govt-issues-draft-national-drone-policy-relaxes-existing-rules-101626333666685.html. This has positive ramifications for the industry and it is a matter of time before we are acquired or get a majority stakeholder to take this to its next step of evolution.
8. The assets are the team, profit book, and brand.
9. The Indian UAV Drones Market is expected to reach USD1,810 million by FY2026 growing at a CAGR of 14.61%, owing to the rapid technological advancements and growing need for advanced security systems. We are amongst the only 5 recognized companies providing a scope of services, training for this market.
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