Profitable Electrical Vehicles Company Investment Opportunity in Pune, India
Established | 5-10 year(s) |
Employees | < 2 |
Legal Entity | Private Limited Company |
Reported Sales | USD 117 thousand |
Run Rate Sales | USD 140 thousand |
EBITDA Margin | 30 % |
Industries | Electrical Vehicles |
Locations | Pune |
Local Time | 7:04 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
As a startup, we registered as engineering suppliers to Mercedes-Benz Research and Development India. Our current client is Greaves Cotton and previously, we offered advice and assisted Ola in setting up the full engineering department for their EV company.
We have had consistent revenues of INR 1 to 1.3 crores per year as a single person, including the Covid phase, with a high EBITDA of more than 30 to 40%. Have a part-time team of 3 people who are not on payroll. We also have 2 senior consultants on a contract basis.
We are now pivoting to product, we have filed for innovative patents and are eager to create the next EV Unicorn out of India.
Our international patent application has been duly scrutinized and published by WIPO, Geneva in January this year. We have also filed National phase Patents in India and the US (more patents are in the pipeline).
Revenue models to choose from: licensing the technology, using contract manufacturers, selling under our own brand name, and setting up our own manufacturing plant. The target market will be India and Europe.
Being a bootstrapped company to date, we are all set to get large investments and enter the EV industry with path-breaking technology and high quality in order to provide unique benefits to customers and expand EV adoption and market share.
Intangible:
1) Marquee clients.
2) Patent filed in the founder's name,
3) Founder career track record of 33 years with globally recognized brand companies, plus 7 years as an entrepreneur, deep domain automotive and electric vehicles knowledge, and experience, startup knowledge, and experience with marquee EV OEMs.
4) CAD software.
- We have no external investors, no loans, and no outstanding.
- We don't have any outstanding receivables.
- We have been profitable since day 1 of incorporation.
- Ownership split: 90:5:5 (all in one family)
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Earlier than 15 daysFounder And Strategist, Project Fund Architect, Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Stock Broking, Gurgaon, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysProprietor, Pune, Commercial Real Estate Broker connected with the Business