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Newly Established Electrical Vehicles Company Investment Opportunity in Chennai, India

Manufacturing cutting-edge electric motorcycles in India and for rest of globe seeking investment for expansion.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Electrical Vehicles
Locations  Chennai
Local Time 5:14 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 58 thousand for 10.0% stake (Native Currency: INR 5,000,000)
Reason: Seeking funds to set up a manufacturing facility.
Includes physical assets worth USD 29 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview
- We are a pre-revenue business that plans to manufacture and sell electric vehicles.
- The prototype is ready and is in the process of being tested.
- Product has been developed by a team of ex-professional racers, with the objective of disrupting the EV industry.
- The business is owned by 3 partners with 80-10-10 equity shares.
- Business has not taken any loans yet.
- Already have an order in hand and have also acquired a distributor.
Products & Services Overview
Business plans to manufacture and sell electric vehicles.
Assets Overview
Prototype, machines, furniture, and a corporate office setup.
Facilities Overview
Currently on outsourced facility. Looking to establish own facility.
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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