| Business Basics |
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| Company Name |
Rasilant Technologies |
| Founded in |
2005 |
| Headquartered in |
Mumbai |
| Company website/URL |
www.rasilant.com |
| Industry |
Radio Frequency Identification Technology |
| Stage of the company |
Several customers or locations |
| Source of idea |
Systematic search for business opportunity |
| Awards & honors |
Client appreciation have been the greatest honours |
| Partnerships & Tie-ups |
Strategic Partners: 21CHMS - Hospital domain; HCL; Core - Education; Dimensions group - Education; Eros Elevators; HID; Process consultants for in...> Read more.. |
| Partnerships & Tie-ups |
Strategic Partners: 21CHMS - Hospital domain; HCL; Core - Education; Dimensions group - Education; Eros Elevators; HID; Process consultants for industrial applications
Other partners: TI -TFID, Feig Controller, Impinj, Alien, Intermec, Motorola, Evolis, HID, Confidex, ThingMagic, TagSYS RFID, RF Code, Kennedy Group
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| Business description |
Rasilant is an RFID technology consulting, services and solutions company. Rasilant tackles Security concerns and improves organization processes through RFID automation and has a turnover of INR 1 Billion in three years.
Core competency : Domain expertise to deliver end to end business solutions using the RFID technology still very niche in Indi...> Read more.. |
Rasilant is an RFID technology consulting, services and solutions company. Rasilant tackles Security concerns and improves organization processes through RFID automation and has a turnover of INR 1 Billion in three years.
Core competency : Domain expertise to deliver end to end business solutions using the RFID technology still very niche in India
Offerings : RFID/DC , ERP,EAS, Portal development, Online Marketing solutions
More than 500 clients in three years
Select Elite Clientele : MCI,DCI,PCI - Medical, Pharmacy, Dental Councils Of India
Bajaj Auto & RohmNHass - RFID Supply Chain Automation
IL&FS, Indian Express - RFID Parking Management
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| How does the business make money? |
80% of the business is generated through channel partner base built geographically across India and in the Middle-East - Strategic Partners in the Education,Industrial,Corporate and Hospital sectors.
Rasilant compliments strong ERP Solutions built inhouse or developed by partners with RFID integration and piggybacks on partner's existing geographical presence and customer base to target prospects in each domain.
Education Applications: RFID enabled Campus Management ERP and Smart Cards(Recurring Model) with Strategic Partners viz . ERP partners
Industrial Applications : RFID enabled Supply Chain and Warehouse Automation with Strategic Partners viz. Process consultant companies.
Corporate Applications : RFID enabled Access Control , Asset Tracking and Parking Management Solutions with Strategic Partners viz. Architects , Networking companies.
Rasilant also has it's presence in the Hospital and Retail domain already.
Rasilant offers niche services : RFID Consulting,Process Modelling,Integration, Installation, Training, Support only for large projects.
Software Trading is another line of business for Rasilant Technologies. |
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| Team information |
CMD - Rajeev Anand
Executive Directors include Sahil Anand and Shiladitya Mukhopadhyaya
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| Competition |
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| Competitors |
Itec, N Net, Daphney Systems |
| How different is your product or service? It has... |
Substitutes that differ in function |
| In what way is your product or service different? |
One of the very few players in India with domain expertise in delivering end to end RFID business solutions.
With a very strong partner bas...> Read more.. |
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| By The Numbers |
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2006 |
2007 |
| No. of employees |
0-5 |
26-50 |
| No. of locations |
0-1 |
2-5 |
| No. of customers |
6-15 |
over 50 |
| Turnover |
11-50 lacs |
5-15 crore |
| Profits |
Did not exist |
16-50 lacs |
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| Primary source of initial funding |
Personal savings |
| Primary source of additional funding |
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| Raised institutional capital? |
No |
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| Why is this startup hot? |
Early Mover in a new untapped Indian market
More than 500 clients within three years
Domain expertise in delivering End to End RFID enabled business solutions unlike most in this domain
Booked a turnover of over One Billion INR within three years
Average age of the 23 member team is 24 years.
A well structured orga...> Read more.. |
Early Mover in a new untapped Indian market
More than 500 clients within three years
Domain expertise in delivering End to End RFID enabled business solutions unlike most in this domain
Booked a turnover of over One Billion INR within three years
Average age of the 23 member team is 24 years.
A well structured organization with HR policies unlike most startups
Tackles one of the most critical problem statements in India - Security
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| What keeps the team awake at night? |
| The aim to be an INR 5 billion in the next two years |
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