Electrical Vehicles Company Investment Opportunity in Bangalore, India
Environmental friendly EV taxi services backed by Yamaha Motors seeks investment for business expansion.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 28 thousand |
| Run Rate Sales | USD 54 thousand |
| EBITDA Margin | 30 % |
| Industries | Electrical Vehicles + 1 more |
| Locations | Bengaluru |
| Local Time | 1:42 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Partial Stake Sale
USD
226 thousand
for
10.0%
stake
(Native Currency: INR 20,000,000)
Reason: For scaling up operations and expansion of the business.
Includes physical assets worth
USD
39.5 thousand
Documents
Pitch Deck
(3.3 MB)
Image 1
(122.0 KB)
Image 2
(125.1 KB)
Image 3
(383.5 KB)
ROC-Verification.pdf
(74.0 KB)
Business Overview
- The application has 11,000+ downloads.
- There are 2,000 registered customers and 1,200 regular customers.
- There has been a constant increase in trips and revenue since July 2021 (post second lockdown)
- 20% of drivers are women.
- The company saves 1 kilo CO2 with every trip that its customers take.
- Soon starting 24/7 operations and full-time operations at the airport.
- They plan to reach 750 cars with CCD investment in 2022.
- Yamaha Motors has committed INR 2.5 crores of vehicles immediately and about INR 100 crores of vehicles in the near term.
- The company also plans to expand operations to Mysore, Hyderabad, Pune, and Mumbai in 2022.
- There are 2,000 registered customers and 1,200 regular customers.
- There has been a constant increase in trips and revenue since July 2021 (post second lockdown)
- 20% of drivers are women.
- The company saves 1 kilo CO2 with every trip that its customers take.
- Soon starting 24/7 operations and full-time operations at the airport.
- They plan to reach 750 cars with CCD investment in 2022.
- Yamaha Motors has committed INR 2.5 crores of vehicles immediately and about INR 100 crores of vehicles in the near term.
- The company also plans to expand operations to Mysore, Hyderabad, Pune, and Mumbai in 2022.
Products & Services Overview
The company is a B2C taxi aggregator service and has a mobile app-based all electric-vehicle services.
Assets Overview
Physical assets include required hardware, office supplies, and electrical vehicles.Intangible assets include required software.
Facilities Overview
The company is headquartered in Bengaluru, Karnataka.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysArchitectural Assistant, Defense Infrastructure, Bengaluru, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysChief Marketing Officer, Cybersecurity, Varanasi, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysProject Manager, IT Service, Cumbum, Individual Investor / Buyer connected with the Business
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