The startup company incorporated in the year 2016 located in Visakhapatnam, Andhra Pradesh, India. licensed automation company for the Export and Import of Software, Automation, and Data Processing Products. using new products, innovative technologies, smarter machines, and connected devices. working on Smart Transportation, Parking Systems, Surveillance Systems, Wireless, GPS, and other applications for Smart cities.
The company has developed an Application for Smart Parking Management and participating in various tenders including government tenders. The Company is into the manufacturing of LED Displays which are BIS Certified models. Currently, there are 6 U Series and 8 E Series LED Display models are available and all are BIS certified models. The company is currently participating in various tenders. The company participated in Indiasoft 2020 for Global clients, Partners, and Investors.
Promoter wants to sell his business to a similar industry and would like to support the buyer minimum of one year to smoothen the operations and then exit from the company. Company is projecting its revenues to reach Rs. 31 Crores with an EBITDA Margin of 16% in the next 5 years with Rs. 2 Crores working capital investment.