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Bicycle Manufacturing Company Investment Opportunity in Mumbai, India

Electric bicycle manufacturing company with fully integrated detachable batteries seeks funds to start operations.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Electrical Vehicles + 1 more
Locations  Mumbai
Local Time 8:11 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 58 thousand for 11.0% stake (Native Currency: INR 5,000,000)
Reason: For working capital and marketing.
To start the operations.
Includes physical assets worth USD 58 thousand
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Business Name
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Business Overview
- Start-up futuristic company with new technology for electric bicycles.
- Bicycles will be manufactured under our brand name using proprietary technology.
- Most of the machinery and equipment are in place and need capital to start the operations.
- Production capacity is yet to be decided depending on the investment we receive.
- Bicycles will have a 25-50 km of range.
- Business has 5 promoters with almost equal ownership and no liabilities.
Products & Services Overview
We will manufacture electric bicycles which will have a 25 km to 50 km range.
Assets Overview
- Tangible assets worth INR 50 lakh and includes manufacturing machinery, moulds, and inventory of raw materials.
- Intangible assets worth INR 1.5 crore and includes battery technology, software and other IPs.
Facilities Overview
Rental premises with 1,000 sq ft area.
Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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