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Newly Established Electrical Vehicles Company Seeking Loan in Aluva, India

Electric automotive manufacturing business, that is developing two-wheeler electric vehicles & its battery packs.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 80 thousand
EBITDA Margin 5 %
Industries Electrical Vehicles
Locations  Aluva
Local Time 6:38 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 60 thousand for 12.0% annual interest, 2 years (Native Currency: INR 5,000,000)
Reason: To facilitate showroom & service center for sales and service of two-wheelers.
Collateral Available: USD 180 thousand
Interested to connect with advisors
Documents
Business Overview

- Electric vehicle manufacturing business based in Kerala incorporated in 2018.

- Our product is an efficient Electric two-wheeler vehicle.

- Business started generating revenue from August 1st, 2018.

- Vehicle has a max speed of 120 Kmph and battery backup ranging from 5kW - 20Kw.

- True Range: 380kms - 410kms.

- We provide 2 to 5 years service warranty.

Products & Services Overview

Energy efficient automotive vehicles manufacturing and sales & services.

Facilities Overview

- Our corporate office situated in Kochi and it is on rent.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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