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Motorcycle Dealers Business Investment Opportunity in Palwancha, India

Electric 2W retailer with added capability of IC engine to EV conversion seeks growth funding.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 54 thousand
Run Rate Sales USD 60 thousand
EBITDA Margin 12 %
Industries Motorcycle Dealers
Locations  Palwancha
Local Time 1:38 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 120 thousand for 30.0% stake (Native Currency: INR 10,000,000)
Reason: We need a good investor who can help develop our business to expand in the state of Telangana and th... View More
Includes physical assets worth USD 50 thousand
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Business Overview

- The business was started in New Palwancha in April of last year. We are into a combination of activities that includes marketing electric vehicles, manufacturing L. F. P/NMC world-class battery packs, assembling electric vehicles, converting IC engine vehicles to electric, and supply of all types of EV spares.

- Right now, the revenue is coming only from the sale of electric vehicles and the conversion of IC vehicles to a hybrid or 100% EV. We can convert a vehicle within a day.

- Since one and a half years of our journey, we have sold approximately 200 vehicles.

- Our main branch was established in New Palwancha and after 6 months we opened another branch in Khammam Corporation. Other than this we are also selling vehicles through franchises and dealers.

- We are a start-up that was founded to ignite the e-mobility revolution in India. Our founders had humble beginnings but ambitious dreams. What started as a dream to make electric vehicles within the reach of every Indian citizen, has now transformed into one of India’s leading EV start-ups. Our visionary approach to accelerating the national drive to EVs is built on consistent hard work, the capability to manufacture world-class L. F. P/NMC battery packs, and a strong commitment to practising sustainable innovation.

- We are looking to further develop our business with the help of a good investor.

- The business is currently held by a single owner, has no bank liabilities, and enjoys a good relationship with local associations and state authorities.

- The business was established four years ago but it started operations only 18 months back.

Products & Services Overview

Retail of electric 2W's, and conversion of IC engine 2W, 3W, and 4W to hybrids or 100% EV.

We will soon start LFP battery manufacturing and the sale of EV spares.

Assets Overview

Physical assets are equipment and conversion kits worth INR 40 lakh.

Facilities Overview

Two leased showrooms in the Palwancha and Khammam districts of Telangana, India.

Capitalization Overview
Not Disclosed
Recent Activity
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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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