Internet of Things Company Equity Stake For Sale in Bengaluru, India
People-first electric mobility and logistics platform delivering sustainable last-mile solutions, empowering gig workers across India.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 100 - 500 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 4.4 million |
| Run Rate Sales | USD 8 million |
| EBITDA Margin | 8 % |
| Industries | Electrical Vehicles + 1 more |
| Locations | Bengaluru |
| Local Time | 1:57 AM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Partial Stake Sale
USD
1.66 million
for
10.0%
stake
(Native Currency: INR 150,000,000)
Reason: The investment will be used to scale EV fleet size, expand last-mile delivery operations across Tier...
View More
Includes physical assets worth
USD
550 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Pitch Deck
(2.1 MB)
Business Overview
- The company operates in the electrical vehicles and Internet of Things sectors, focusing on sustainable last-mile delivery solutions.
- It provides comprehensive services, including last-mile delivery (LMD), 3PL (third-party logistics) services, and electric mobility solutions tailored for large enterprises and small to medium-sized businesses (SMBs).
- Their robust EV fleet and trained riders empower gig workers, creating over 15,000 jobs in just 2.5 years, contributing to the gig economy in India.
- The business model generates revenue from a mix of fixed fleet orders (60%), EV rentals (20%), SMB rentals (10%), and on-demand deliveries (10%).
- With a team of 120+, the company boasts a 95% rider retention rate, reflecting strong operational execution and workforce satisfaction.
- It has an impressive ₹40+ crore revenue year-to-date, showcasing significant growth and market demand for its services.
- The company is trusted by major brands like Zepto, BigBasket, Flipkart, and Amazon, reinforcing its credibility and reliability in the industry.
- Aligning with government initiatives, the company focuses on promoting EV adoption and reducing emissions, appealing to clients with sustainability goals.
- Business has a registration license.
- It provides comprehensive services, including last-mile delivery (LMD), 3PL (third-party logistics) services, and electric mobility solutions tailored for large enterprises and small to medium-sized businesses (SMBs).
- Their robust EV fleet and trained riders empower gig workers, creating over 15,000 jobs in just 2.5 years, contributing to the gig economy in India.
- The business model generates revenue from a mix of fixed fleet orders (60%), EV rentals (20%), SMB rentals (10%), and on-demand deliveries (10%).
- With a team of 120+, the company boasts a 95% rider retention rate, reflecting strong operational execution and workforce satisfaction.
- It has an impressive ₹40+ crore revenue year-to-date, showcasing significant growth and market demand for its services.
- The company is trusted by major brands like Zepto, BigBasket, Flipkart, and Amazon, reinforcing its credibility and reliability in the industry.
- Aligning with government initiatives, the company focuses on promoting EV adoption and reducing emissions, appealing to clients with sustainability goals.
- Business has a registration license.
Products & Services Overview
Provides last-mile delivery and electric mobility services, including 3PL services and Last-Mile Delivery (LMD). The company supplies EV fleets, trained riders, and end-to-end delivery operations to large enterprises and SMBs. Clients use to reduce delivery costs, ensure reliable rider availability, and meet sustainability and EV-adoption goals.
Assets Overview
Tangible assets:- 397 electric bikes owned.
- Charging and swapping infrastructure.
- Operational and IT equipment.
Intangible assets:
- Proprietary operational processes and fleet-management systems.
- Technology platform and dashboards.
- Enterprise client relationships and brand value.
Facilities Overview
Operates through a hub-and-spoke model, including micro hubs and mother hubs across cities for fleet deployment, charging/swapping, and rider support.
Capitalization Overview
Previously raised ₹5 Cr in seed funding from BizDateUp (a pool of angel investors).Debt details and the complete cap table are provided separately after the introduction.
Recent Activity
-
3 days, 14 hours agoManager, Research, Varanasi, Individual Investor / Buyer connected with the Business
-
1 week, 5 days agoDirector, Business Consulting, Hyderabad, Individual Investor / Buyer connected with the Business
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