Automotive Batteries Company Investment Opportunity in Delhi, India
Delhi based company providing charging stations and battery swapping services for electric vehicles seeks investment.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 176 thousand |
| Run Rate Sales | USD 840 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Battery and UPS Manufacturing + 1 more |
| Locations | Delhi |
| Local Time | 3:12 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Partial Stake Sale
USD
880 thousand
for
15.0%
stake
(Native Currency: INR 75,000,000)
Reason: - 65% of the funds will be used for battery swapping infrastructure.
- 35% of funds will be used fo...
View More
Includes physical assets worth
USD
35 thousand
Interested to connect with advisors
Business Overview
- Company dedicated to building the required EV charging and battery swapping infrastructure across the country and offer EV charging as-a-service.
- Company run by IITians.
- Business has set up around 200 charging points at 16 sites.
- Have various ODM & fleet operator partnerships for battery swapping and charging stations.
- MOU / contracts signed with government companies to offer around 30,000 charging stations.
- A big auto electronic component manufacturer is already a minority shareholder in the company.
- Business won The Most Promising Startup award a few years back.
- Charging stations are produced by third-party manufacturing under the company's brand name.
- Revenue is generated by charging fees for battery swaps and charging units.
- Business is witnessing revenue growth due to more projects and orders.
- Company run by IITians.
- Business has set up around 200 charging points at 16 sites.
- Have various ODM & fleet operator partnerships for battery swapping and charging stations.
- MOU / contracts signed with government companies to offer around 30,000 charging stations.
- A big auto electronic component manufacturer is already a minority shareholder in the company.
- Business won The Most Promising Startup award a few years back.
- Charging stations are produced by third-party manufacturing under the company's brand name.
- Revenue is generated by charging fees for battery swaps and charging units.
- Business is witnessing revenue growth due to more projects and orders.
Products & Services Overview
1. Battery - Partnership with a publicly listed Japanese company who is a manufacturer of electrical components.2. Charging technology - Made in India.
3. Customer community build-up via mobile app.
Assets Overview
Inventories which includes batteries, chargers etc.Computers & equipments.
Facilities Overview
Leased property which is based out of Delhi.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysBusiness Head, Ecofy (Accretive Cleantech Finance Private Limited), Mumbai, Financial Institution connected with the Business
-
Earlier than 15 daysVice President, Metal & Engineering, Delhi, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysPartner, Commercial Vehicle Dealers, Faridabad, Individual Investor / Buyer connected with the Business
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