Newly Established Electrical Vehicles Company Investment Opportunity in Bangalore, India

Company planning to manufacture electric vehicles with superior efficiency compared to traditional internal combustion engines.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
11:59 AM Bangalore
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 430 thousand for 10.0% stake (Native Currency: INR 30,000,000)
Reason: Require investment in order to start production and marketing.
Includes physical assets worth USD 23 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- We are a start up company that plans to develop and manufacture electric two wheelers.

- Have business relations with an aerospace product design company and a motor manufacturer.

- Currently have 1 two wheeler model and we plan to expand our product line in the future.

- Promoters started research in 2017 with the goal of building a proof of concept.

- Promoters have experience in manufacturing and development of motor and controller and automotive testing.

Products & Services Overview

Research, development and manufacturing of electric two wheeler.

Facilities Overview
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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