Electrical Vehicles Company Investment Opportunity in Pune, India
Electric vehicle startup company building electric vehicles based in Pune.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 260 thousand |
| Run Rate Sales | USD 840 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Electrical Vehicles |
| Locations | Pune |
| Local Time | 1:49 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
1.4 million
for
30.0%
stake
(Native Currency: INR 120,000,000)
Reason: - Business expansion.
- Prototype development.
- Certifications and awards.
- In-house unit setup...
View More
Includes physical assets worth
USD
4.1 million
Interested to connect with advisors
Documents
Valuation Report
(881.7 KB)
Pitch Deck
(1.7 MB)
Incorporation Certificate
(524.4 KB)
GST Certificate
(143.2 KB)
Startup India Certificate
(1020.0 KB)
Udyam Certificate
(544.7 KB)
ROC-Verification.pdf
(66.2 KB)
Business Overview
- 2-year-old company in electric vehicle manufacturing and assembly in Pune, Maharashtra.
- Currently having 1 Low-speed and 2 High-speed vehicles and 2 cycles in the product line.
- Working on an electric bike and also will launch an Electric Riksha very soon time.
- We have tie-ups with OEMs for part manufacturing and assembly will be done in-house.
- Mass product can start within 3 months of fundraising.
- Ready to design and develop an in-house prototype for one of our running models.
- Sold 300+ vehicles till now without an investment.
- There is very less competition for us in India.
- Founder having 7+ years of experience.
- We have a total number of 30 dealers across Maharashtra and expanding more with the High-speed model.
- We have a good industry network to fulfill the requirement.
- We have Startup India and ISO certifications with us and have recently been awarded the 'Pune Entrepreneur' Award.
- Currently having 1 Low-speed and 2 High-speed vehicles and 2 cycles in the product line.
- Working on an electric bike and also will launch an Electric Riksha very soon time.
- We have tie-ups with OEMs for part manufacturing and assembly will be done in-house.
- Mass product can start within 3 months of fundraising.
- Ready to design and develop an in-house prototype for one of our running models.
- Sold 300+ vehicles till now without an investment.
- There is very less competition for us in India.
- Founder having 7+ years of experience.
- We have a total number of 30 dealers across Maharashtra and expanding more with the High-speed model.
- We have a good industry network to fulfill the requirement.
- We have Startup India and ISO certifications with us and have recently been awarded the 'Pune Entrepreneur' Award.
Products & Services Overview
Products are electric scooters, electric cycles, electric riksha, and electric bikes. We distribute our products through a B2B distribution channel by appointing Distributors and Dealers at specific locations.
Assets Overview
Tangible assets include product stock.Intangible assets include our distribution channels and, manpower.
Facilities Overview
- Office is rented and has an area of 1,500 sq. ft.- Mini assembly plant is rented and has an area of 4,000 sqft.
Both are located in Pune.
Capitalization Overview
The business is funded by the shareholders.
Recent Activity
-
Earlier than 15 daysExecutive Director, Investment And Supply Chain, Hyderabad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCMD, IT & Media, Hyderabad, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Engineering, Pune, Individual Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
7 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 66,500+ other businesses of all sizes.
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.
You might also be interested in these businesses