Parchai is a real-time location system (RTLS) for indoor asset tracking and other related use cases.In dealing with a multitude of B2B clients for our GPS products at Traxsmart, the need for in-premise tracking came into the picture.
GPS gives an approximation of the building but is not useful when customers would want a room or floor-level accuracy. Indoor monitoring solutions like ‘CCTV’ exist, but it is not proactive and has its share of drawbacks.
In an attempt to solve this need in the industry, came up with the concept of Parchai for addressing the same, leveraging the power of BLE and UWB, and discovered the huge business opportunity in a market that is still unaddressed and unorganized at large.
We help businesses in the education, intralogistics, retail and healthcare domain to optimize operating costs and increase safety and security with location-based intelligence from our proprietary real-time location systems.
Operations Commenced On 2021
Franchise Commenced On 2021
Investment INR 10lakh - 20lakh
Franchise/Brand Fee INR 500000
Royalty/Commission 15 %
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 20 %
Likely pay back period of capital for a Unit Franchise 6-11 Months
Haryana, Himachal Pradesh, Jammu and Kashmir, Delhi, Punjab, Uttarakhand, Uttar Pradesh
Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana
Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Sikkim, Tripura, West Bengal
Goa, Gujarat, Maharashtra, Rajasthan
Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh
Chandigarh, Daman and Diu, Lakshadweep, Pondicherry, Andaman and Nicobar
Type of property required for this franchise opportunity Commercial
Floor area requirement 100 - 200 Sq.ft
Detailed operating manuals for franchisees Yes
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 1 Year
Is the term renewable? Yes
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