Profitable Electrical Vehicles Company Investment Opportunity in Pune, India

Electric bicycle company seeking funds to develop DIY kit for motorbikes to convert it into hybrid motorbike.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 50 thousand
EBITDA Margin
30 - 40 %
Industries
Locations
Local Time
9:31 PM India
Listed By
Management Member
Status
Active
Overall Rating
Seeking Investment
USD 270 thousand for 10.0% stake (Native Currency: INR 20,000,000)
Reason: Looking for a strategic investor for development and launch of DIY kit for petrol motorbikes.
Includes physical assets worth USD 50 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

Electric bicycle manufacturing company that sells e-bicycle along with DIY conversion kit. We have sold products to more than 400 customers. Have catered to individual users, personal commuters and governments. We buy parts from 2-3 suppliers and outsource the manufacturing process to 1 manufacturer.

Seeking funds to build a DIY kit that will be integrated with petrol engine motorbike of less than 150 cc to convert it into a hybrid motorbike. We are working on the technology and after raising funds, we would complete the POC, develop the prototype and launch it in the market.

Director of the company has worked at senior level in KPIT and holds more than 25 years of experience which includes 10 years in electrical automobile sector. He has also authored more than 35 patents in the field of electric, hybrid vehicle technology and alternate energy.

Business owned assets include laptops, computers, tools, equipment, stocks and materials.

Products & Services Overview

Current: Sells e-bicycle along with conversion DIY kits.

New: Working on developing a DIY kit that will be integrated with petrol motorbike to convert it into a hybrid motorbike.

Facilities Overview
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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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