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Electric Vehicles Company Equity Stake For Sale in Visakhapatnam, India

Pre-revenue electric three-wheeler assembly business seeking investment to start sales and scale operations.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Electric Vehicles
Locations  Visakhapatnam
Local Time 7:30 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 520 thousand for 50.0% stake (Native Currency: INR 50,000,000)
Reason: Looking for a business partner to manage operations and handle marketing.
Includes physical assets worth USD 1.03 million
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Business Overview
- Operates an electric vehicle business focused on assembly of fully electric three-wheelers.
- Offers multiple vehicle variants including passenger carriers, loaders, and delivery vans.
- Currently at pre-revenue stage with inventory ready for sale but no active marketing initiated.
- Follows an asset-light model with manufacturing outsourced and in-house assembly operations.
- Positioned in the growing electric mobility segment with potential for scale through distribution and sales activation.
- Business operations currently limited to assembly and product readiness.
- Registered with the Ministry of Corporate Affairs (MCA), ensuring legal compliance.
Products & Services Overview
Core offerings include electric three-wheeler vehicles (passenger, loader, and delivery variants), targeting commercial operators and last-mile delivery businesses.
Assets Overview
The tangible assets include assembly line machinery worth INR 4 crores, stock of inventory valued at INR 5 crores, and fixtures with electrical fittings.
Facilities Overview
Operates from a rented warehouse. in Anakapalla, Vishakhapatnam with a monthly rent off INR 5 lakhs.
Capitalization Overview
The business is owned by 2 equal partners.
There are no debts in the business.
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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