Newly Established Electrical Vehicles Company Investment Opportunity in Delhi, India

Startup planning on starting a unit for production of electric two wheelers running 300-500 km.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
10:40 PM Delhi
Listed By
Management Member
Status
Active
Overall Rating
Seeking Investment
USD 700 thousand for 40.0% stake (Native Currency: INR 50,000,000)
Reason: Require funding for production and assembling of the product.
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- We are a startup that is planning on starting a production unit for two wheeler electric vehicles.

- The two wheeler electric vehicles that we plan to produce will have a run time of 300 to 500 km on a single charge.

- Have already created a prototype and done the R&D and testing for it.

- Initially we plan on selling this product only in Delhi and then we would be increasing our radius to include other cities.

- We plan to have the production facility up and running within 6 months of receiving investment and would have a manufacturing capacity of 100 vehicles daily.

- Promoter has worked in product development and entrepreneurship since 2013.

Products & Services Overview

Production of electric 2 wheeler with 300 to 500 km range.

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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