Electrical Vehicles Company Investment Opportunity in Noida, India
Electric vehicle mobility services startup that manufactures and gives out vehicle on rental basis.
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 | USD 54 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Electrical Vehicles |
| Locations | Noida |
| Local Time | 11:17 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
340 thousand
for
10.0%
stake
(Native Currency: INR 30,000,000)
Reason: Scale up fleet size to 1 lakh in 3 years.
Includes physical assets worth
USD
11.3 thousand
Interested to connect with advisors
Documents
COI
(266.4 KB)
Domain-Verification.pdf
(212.9 KB)
PAN Card
(642.2 KB)
ROC-Verification.pdf
(59.5 KB)
Business Overview
Company makes electrical cycle and scooter under own brand name which it gives out on rental basis. We outsource the manufacturing process to 2 third party manufacturers. We currently have 100 vehicles in our fleet out of which 20 of them are in use. Our target market are the eCommerce, food delivery and daily commuters. Have established B2B tie-ups with Zomato, Swiggy and Amazon.
The company plans to increase the fleet size to 1 lakh in 3 years and expects to generate a turnover of INR 5 crore in the 1st year, INR 40 crore in the 2nd year and INR 100 crore in the 3rd year. We have 3 promoters who are all from engineering background, each having 12+ years of experience primarily in renewable & energy industry.
Currently we offer bookings only through our website and are also working to launch Android app soon. The business owns laptop, computer and furniture as fixed assets.
The company plans to increase the fleet size to 1 lakh in 3 years and expects to generate a turnover of INR 5 crore in the 1st year, INR 40 crore in the 2nd year and INR 100 crore in the 3rd year. We have 3 promoters who are all from engineering background, each having 12+ years of experience primarily in renewable & energy industry.
Currently we offer bookings only through our website and are also working to launch Android app soon. The business owns laptop, computer and furniture as fixed assets.
Products & Services Overview
Rental services with below two products:1. Electric scooter: with different features.
2. Electric bi-cycle: with different features.
3. Electric 3W cargo: yet to come.
Facilities Overview
Rental office of 2,500 sq ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysManaging Director, Food Processing, Kapurthala, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
-
Earlier than 15 daysManager, Oil & Gas, Dubai, Individual Investor / Buyer connected with the Business
Tags:
Newly Established Electrical Vehicles Company Investment Opportunity in Noida, India
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·Newly Established Electrical Vehicles Company Investment Opportunity
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