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Electrical Vehicles Company Investment Opportunity in Kolkata, India

Startup company to manufacture exotic electric vehicles for the high-end market of India and exports worldwide.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Electrical Vehicles
Locations  Kolkata
Local Time 12:46 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 400 thousand for 10.0% stake (Native Currency: INR 30,000,000)
Reason: We have been working on the R&D of this project since 2011 and incorporated the company in 2015. Sin... View More
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Business Overview

- Company is in the product development phase and we are seeking funds to develop the prototype for a luxury superbike.

- We are already operating an industrial fabrication company with an annual turnover of INR 50-60 crores, and we are looking to diversify into the electric vehicles industry.

- We are currently designing a luxury electric bike with the following specifications: Full charge travel range of 300-400 KM, 250 km/h top speed, targeted acceleration of 0-100 within 3s, and Italian sports bike model.

- Have developed a patentable battery cooling solution and sound generation system that provides a mechanical bike feel for the drivers.

- Have a 7-acre factory near Kolkata, through which 50-60% of the bodywork and component fabrication can be done in-house. Remaining fabrication for special components and electronics can be outsourced to 3rd party units.

- We will work on a pre-order business model and will build bikes to orders instead of holding inventory. The expected price range of each bike is INR 20-30 lakh.

- Post obtaining funds, we expect to complete the prototype within 1.5 years and we target to launch our model during Auto Expo in two years.

Products & Services Overview

Luxury electric superbike.

Assets Overview

There are no physical assets at the moment.

Facilities Overview

7-acre own factory near Kolkata, this factory is owned by our other fabrication business.

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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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