Raising Capital For B2B Well Growing Tech Firm With Patents

Listing ID: BB012560
Posted By: Third party
Last Active: 2+ months ago
Verified User Information
emailEmail
phonePhone
googleGoogle
linkedinLinkedIn
facebookFacebook

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): 70,000

Security Deposit (in INR): 8,000,000

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

Keywords

Business Tags

Raising growth capital for a promising componentselectricalelectronicsB2B startup with several Patentsgood traction

₹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.

Share your Proposal

You may also like

Frequently Asked Questions

How to contact a business opportunity?
Click on CONTACT BUSINESS button on the business opportunity page to get connected. This allows you to gain access to contact details of opportunity in exchange with your details. Please note, getting contact detail of a business is called an introduction and each membership plan has different introduction credits. If you do not have any introduction credit in your account, you can neither connect nor get the contact details of that business opportunity.

How does IndiaBiz verify the business information?
Business opportunity is either posted by the business owner or advisor. After which, 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 support can I expect from IndiaBiz?
Based on your membership plan you can get email/ phone/ online support for communication with the other side, account queries, etc.
If you are looking for a specific type of business opportunity - our Assisted Buying services can be useful.
Our Advisory team also provides support related to business valuation, business plan documents, franchise expansion plan at a fee. Contact sales team for more details on your requirements.

Click here to see how it works

As a seller, you are not allowed to contact another seller.

You cannot contact the seller as the Business Listing is On Hold

Error Occured

You cannot contact the seller as the Business is not available Anymore.

You cannot contact the seller as the Business is Sold.

Your mobile number is verified.
Your message will be sent after you have listed
your Buying requirements (takes 2-3 minutes).
Press Next.

Your message will be sent only after you have
verified your email-id. Please check your email.
Press Next.