Electrical Vehicles Company Investment Opportunity in Chennai, India
Manufacturer of electric bikes with patented technology requires investment to start manufacturing on a large-scale.
This transaction has concluded.
| 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 | Chennai |
| Local Time | 8:17 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
3.6 million
for
30.0%
stake
(Native Currency: INR 300,000,000)
Reason: We need to set up the manufacturing facility and start commercial operations.
Documents
Patent
(35.8 KB)
Certificate of Incorporation
(364.4 KB)
ROC - Verification
(59.6 KB)
ROC-Verification.pdf
(59.6 KB)
Business Overview
- A manufacturer of electric bikes in India, that started operation in 2016.
- Company is ready with the prototype and the product is patented.
- The bike can reach a maximum speed of 120 Kms / hr, and is a double seater vehicle.
- With a single charge, the vehicle can run up to 100 Kms.
- We plan to sell the product by appointing dealers.
- Manufacturing hasn't started yet. We require investment in order to start the manufacturing process on a large scale and start selling the product.
Products & Services Overview
Electric Bike and Electric trikes with efficiency and value for money.
Facilities Overview
We have a rented office in Chennai with an area of 1,300 Sq. Ft.
We have a small plant where we assemble the bikes that is rented and has an area of 1,500 Sq. Ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysProprietor, Agriculture Machine, Hanumangarh, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Investment, Chennai, Corporate Investor / Buyer connected with the Business
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