Electrical Vehicles Company Investment Opportunity in Bangalore, India

There have been some notable achievements during the last month. Points to note are:
- The company had the highest number of monthly trips: 5,932 trips.
- Monthly revenue has been the highest and almost twice as much as our previous month's revenue: INR 47 lakh.
- The company has doubled the number of users, they now have 3, 000+ customers.
- Company is about to sign two B2B contracts which would generate revenue worth INR 35 Lakh per month for 50+ vehicle services.
- The company will be adding 160 vehicles this month, 100 vehicles for B2C, and 60 for B2B by end of this month.
- Company will be starting operations in Mysore and inter-city like Mysore to Bangalore trips this month through B2C based mobile app.
- Aggregator of EV taxi service.
- The application has 11,000+ downloads.
- App is present on both iOS and Android.
- There are 2,000 registered customers and 1,200 regular customers.
- There has been a constant increase in trips and revenue since July last year (post-second lockdown).
- 20% of the drivers are women.
- The company saves 1 kg of CO2 with every trip that its customers take.
- Will soon start 24x7 operations and full-time operations at the airport.
- They plan to reach 750 cars with CCD (Compulsory Convertible Debenture) investment this year.
- Yamaha Motors has committed INR 2.5 crore worth of vehicles immediately and about INR 100 crores of vehicles in the near term.
- The company has planned expansion in Mysore, Hyderabad, Pune, and Mumbai this year.
- The company that owns the app has two shareholders and recently raised INR 1 crore.
- The company was recently backed up by Yamaha Motors, which is the reason for the high growth rate of the business.