Profitable Electrical Vehicles Company Investment Opportunity in Pune, India
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 |
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.
Automotive consulting services, used by top EV OEMs.
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.
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.
- 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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Earlier than 15 daysFounder, Healthcare Services, Hyderabad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysHead Of Customer Relationship, Mumbai, Financial Consultant connected with the Business
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Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business