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Electrical Vehicles Company Investment Opportunity in Thiruvananthapuram, India

E-Auto manufacturers based out of Thiruvananthapuram seeks funding.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Electrical Vehicles
Locations  Thiruvananthapuram
Local Time 12:13 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 180 thousand for 15.0% stake (Native Currency: INR 15,000,000)
Reason: For working capital.
Includes physical assets worth USD 180 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Manufacturers of Electric auto based out of Thiruvananthapuram.

- Speed capacity of the vehicle is up to 60 Kmph.

- We manufacture 2 types of autos - one can accommodate 7 people including the driver and capacity of another auto is 4 people including the driver.

- Charging time required is 2.50 hrs and it can run up to 140km on a full recharge.

- Kerala government has declared Rs. 91,000 subsidy and exemption of road tax for a period of 3 years.

- Sample auto has been manufactured and we have applied for ARAI approval in Pune.

- After the product is approved, we will start the production process.

Products & Services Overview

E Auto manufacturing, sales and service.

Facilities Overview

Total area size of the factory is 3,500 sqft and it is owned by the company.

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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