↩ Go Back
Need help?

Electrical Vehicles Company Seeking Loan in Pune, India

Business planning to rent out and sell electric bikes in Pune, require funds to start operations.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Electrical Vehicles
Locations  Pune
Local Time 4:27 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 12 thousand for 10.0% annual interest, 2 years (Native Currency: INR 1,000,000)
Reason: To purchase 20 bikes from manufacturer and to finish developing mobile application.
Collateral Available: USD 0
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- An electric bike business based in Pune, that started operations in 2019.

- Business is still in the pre-revenue phase.

- We will be renting out the electric bikes as well as selling them in the B2B and B2C market.

- The bikes are procured from a single electric bike manufacturer.

- Our business is an authorized dealer for this manufacturer.

- We intend to set up 10 docks around Pune. Each dock will have 5 electric bikes.

- Currently developing a mobile application which will allow users to rent electric bikes from the nearest dock.

- Require funds to purchase 20 bikes initially and start business.

Products & Services Overview

Business plans to rent out and sell electric bikes in the B2B and B2C market.

Facilities Overview

We have a rented office space in Pune.

Capitalization Overview
Not Disclosed
Recent Activity
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

2 Investors viewed this Business this month.
Register below to connect now!

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

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more