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Electrical Vehicles Startup Seeking Loan in Kolkata, India

E-bike manufacturing and renting business located in Kolkata, requires funding to start the manufacturing process.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Electrical Vehicles + 1 more
Locations  Kolkata
Local Time 4:34 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 120 thousand for 10.0% annual interest, 10 years (Native Currency: INR 10,000,000)
Reason: For starting the manufacturing and developing the mobile application.
Collateral Available: USD 30 thousand
Includes physical assets worth USD 2.4 thousand
Interested to connect with advisors
Documents
Business Overview

- An E-bike manufacturing and renting service based in Kolkata, and are expected to start manufacturing within this year.

- There would be a mobile app for this product, where customers can log in and rent E-bike's on an hourly basis.

- The bikes have a mileage of 300 Kms with one charge, and can reach top speeds of 50 kms / hr.

- Bikes would come fully charged once an user rents it through the mobile app.

- We need funding to start manufacturing the bike and to launch our mobile app.

Products & Services Overview

E-bike manufacturing, rental service on an hourly basis.

Facilities Overview

Currently Operating from Home, on separate 10*10 Office Room.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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.

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