Electrical Vehicles Company Investment Opportunity in Noida, India
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 60 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Electrical Vehicles |
| Locations | Noida |
| Local Time | 9:02 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
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.
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.
Rental office of 2,500 sq ft.
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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
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Earlier than 15 daysManager, Oil & Gas, Dubai, Individual Investor / Buyer connected with the Business
