8.2 / 10
 Azamgarh

Electric vehicle charging infrastructure providers with 50+ clients and 30,000 charges seeking equity investment.

Key Business Facts
Yearly Sales USD 53 thousand
EBIDTA Margin 13 %
Industries Battery and UPS Manufacturing
Locations  Azamgarh
Business Overview
- Business focused on providing charging stations for 4-wheeler electric vehicles.
- Provide infrastructure for charging stations and solutions for electric vehicle charging.
- We are one of the largest businesses in the industry present in India.
- Have presence across 25+ cities like Delhi-NCR, Mumbai, Pune, Hyderabad, and more.
- Installed EV chargers for 50+ corporate clients: Tata, Mahindra, Infosys, etc.
- Has installed 200+ charging points across India with 30K charges.
- Revenue generation is done by getting contracts with electric vehicle distributors and manufacturers.
- There has been a drop in revenue this year due to the pandemic.
Products & Services Overview
Provide EV chargers and infrastructure and solutions for EV charging.
Assets Overview
Charging machines, software, hardware, printers, and laptops.
Partial Stake Sale
USD 1.67 million for 12.0% stake (Native Currency: INR 150,000,000)
Reason: - 85 % commercial charging utilization is expected to come from the commercial EV fleet segment look... View More
Includes physical assets worth USD 95 thousand
In talks with 3 Investors
Contact Business or Enquire on WhatsApp