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Motorcycles and Scooters Company Investment Opportunity in Nashik, India

Seeking Investment: Growth-focused two-wheeler EV OEM with innovative attachments and a solid client base.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 2.1 million
Run Rate Sales USD 2.1 million
EBITDA Margin Nil
Industries Electrical Vehicles + 1 more
Locations  Nashik
Local Time 2:55 PM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Partial Stake Sale
USD 1.77 million for 11.0% stake (Native Currency: INR 152,000,000)
Reason: For further growth and expansion. This business is listed by an advisor and they will not change an... View More
Includes physical assets worth USD 116 thousand
Name, Phone, Email
Not disclosed
Business Name
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User Verification
Documents
Our Team
Our Entire Team
Our Product
Our Product 2
Pitch Deck
Business Overview
Key highlights:
- Rapid development and launch: successfully developed two ev models within 24 months. One is already launched, while the other is set for a diwali release.
- Innovative attachments: over 10 unique, patent-pending attachments, including hot and cool boxes with rapid 30-second capability.
- Intellectual property: 15+ filed patents and trademarks for design and technology.
- Robust order book: secured over 25 national and international b2 b clients, with a projected first-year production order size of 65,000 units.
- Prestigious recognition: winner of the national startup award in transport, runner-up at clean tech open’s global forum, and a top altair startup india challenge finalist.
- Impressive financial milestones: current order book stands at ₹750 crore, with ₹150 crore expected to be fulfilled by year-end.
Products & Services Overview
Current product -
Low-speed (25 km/h) EV vehicle, no registration needed, 120 kg payload, 100 km range.
Used by individuals and businesses.
Assets Overview
Current and new product R&D.
Patents and designs.
Inventory of manufactured products.
Machinery.
Facilities Overview
Headquartered in Nashik, Maharashtra, India. Currently, we have a U. S. subsidiary.
Capitalization Overview
Investment raised:
Preseed round (2 years back):
Investment amount: INR 7.7 Cr.
Valuation. INR 67.7 Cr.
Type: CCPS.
Recent Activity
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6 Investors contacted 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.
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