Electrical Vehicles Company Investment Opportunity in Chennai, India
Electric two-wheeler manufacturing brand with patented technology seeking funds to enter the production phase.
This transaction has concluded.
Premium Plan
| 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 |
| Locations | Chennai |
| Local Time | 11:39 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
340 thousand
for
15.0%
stake
(Native Currency: INR 30,000,000)
Reason: We need the required investment for making a production prototype and getting approval from a compet...
View More
Includes physical assets worth
USD
57 thousand
Interested to connect with advisors
Documents
DIPP Certificate
(7.9 KB)
MSME Certificate
(103.7 KB)
Certificate of Registration
(364.4 KB)
ROC-Verification.pdf
(60.8 KB)
Business Overview
- Company is based in Chennai and is currently in the pre-revenue phase.
- We started R&D in 2002 and have made several prototypes over the years for testing. We recently finalized the design for our final product.
- Have patented technology and 2 design patents.
- Have designed 2 best in the class cruiser and scooter models which will be priced at INR 2-2.5 lakh.
- Vehicles have a changeable speed limit of up to 120 Km/h and can cover distances of up to 120 km. Duration for a full battery charge takes up to 4 hours.
- We also plan to develop dedicated battery exchange stations, for immediate swapping of batteries for long journeys.
- Our models have received huge appreciation from international auto magazines, and we have received inquiries from 500-600 dealerships.
- We started R&D in 2002 and have made several prototypes over the years for testing. We recently finalized the design for our final product.
- Have patented technology and 2 design patents.
- Have designed 2 best in the class cruiser and scooter models which will be priced at INR 2-2.5 lakh.
- Vehicles have a changeable speed limit of up to 120 Km/h and can cover distances of up to 120 km. Duration for a full battery charge takes up to 4 hours.
- We also plan to develop dedicated battery exchange stations, for immediate swapping of batteries for long journeys.
- Our models have received huge appreciation from international auto magazines, and we have received inquiries from 500-600 dealerships.
Products & Services Overview
We are developing two electric vehicle models and dedicated battery exchange stations.
Assets Overview
- Office setup and infrastructure.- We have 1 technology patent (battery swapping) and 2 design patents.
- Patent-pending for innovative traffic indicators.
Facilities Overview
The corporate office is leased and has a 1,200 sqft built-up area. We have identified and located a manufacturing facility and need funds to finalize the lease agreement.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysMD, Electric Vehicle, Vadodara, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
-
Earlier than 15 daysTechnical Partner, EduTech, Richardson, Individual Investor / Buyer connected with the Business
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