This could be a possibility.
However, I have noted some more additional observations.
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No professional email or phone number for sales enquiry. Looks bit unprofessional.
I was expecting something like sales@arapl.co.in -
In their latest concall, they mentioned they have been working on car parking automation since 2014, but they had nothing to show in terms of actual footage or images showing their product in action. Even on their website product section, car parking takes you to a very rusty video, which won’t just cut for a potential sales pitch.
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Management seems to be using latest jargons to entice customers or innocent retail investors with terms like AI/ML, Robotics as a service, 15 Min delivery, which they know are very much in demand as well as hype.
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I searched for their employees on Linkedin and couldn’t find any engineer from Computer Science background. Majority of them are Mechanical engineers and other managerial roles, and Mechanical guys are mainly design or PLC engineers. Robotics is a field of computer science, which involves maths and low level programming for control. If one wants to see how should a robotics company looks like on their website or linkedin, checkout GreyOrange, it’s an Indian company based out in Gurgaon.
In short, by looking at their website, social media presence on linkedin, their employee education qualifications, it doesn’t appear that this company would go anywhere.
Please have a hard look at it again and consider your options.
Disc: This is my personal opinion, i may be wrong. Not Invested
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