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Profitable Electrical Vehicles Company Investment Opportunity in Pune, India

Automotive consulting business with transformational patents that have the potential to create an EV unicorn.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales USD 120 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 30 %
Industries Electrical Vehicles
Locations  Pune
Local Time 11:24 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 10 million for 30.0% stake (Native Currency: INR 800,000,000)
Reason: Investment to create a differentiated electric vehicle unicorn combined with renewable energy techno... View More
Includes physical assets worth USD 12 thousand
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Business Overview

First of all, the founder has 40 years of rich experience in the automotive industry, and that too at senior levels such as CTO and vice president at passenger car OEMs.

As a startup, we registered as engineering suppliers to Mercedes-Benz Research and Development India. Our current client is Greaves Cotton and previously, we offered advice and assisted Ola in setting up the full engineering department for their EV company.

We have had consistent revenues of INR 1 to 1.3 crores per year as a single person, including the Covid phase, with a high EBITDA of more than 30 to 40%. Have a part-time team of 3 people who are not on payroll. We also have 2 senior consultants on a contract basis.

We are now pivoting to product, we have filed for innovative patents and are eager to create the next EV Unicorn out of India.

Our international patent application has been duly scrutinized and published by WIPO, Geneva in January this year. We have also filed National phase Patents in India and the US (more patents are in the pipeline).

Revenue models to choose from: licensing the technology, using contract manufacturers, selling under our own brand name, and setting up our own manufacturing plant. The target market will be India and Europe.

Being a bootstrapped company to date, we are all set to get large investments and enter the EV industry with path-breaking technology and high quality in order to provide unique benefits to customers and expand EV adoption and market share.

Products & Services Overview

Automotive consulting services, used by top EV OEMs.

Assets Overview

Tangible: laptop and peripherals.

Intangible:

1) Marquee clients.

2) Patent filed in the founder's name,

3) Founder career track record of 33 years with globally recognized brand companies, plus 7 years as an entrepreneur, deep domain automotive and electric vehicles knowledge, and experience, startup knowledge, and experience with marquee EV OEMs.

4) CAD software.

Facilities Overview

We do not have an office. We have not leased an office to minimize overheads as most of our work till now has been on-site.

Capitalization Overview

- Bootstrapped since day 1, and then also since when we became a private limited company.

- We have no external investors, no loans, and no outstanding.

- We don't have any outstanding receivables.

- We have been profitable since day 1 of incorporation.

- Ownership split: 90:5:5 (all in one family)

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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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