Electrical Vehicle Business Investment Opportunities in Bengaluru

The company purchases EVs and leases them to delivery partners, gig workers, and logistics businesses involved in e-commerce and quick-commerce. - ₹11.75 Cr total sales (previous year + budgeted) - 45.58% EBITDA margin. - 3,000+ EVs deployed across 6 cities. - 12,000+ customers served through a subscription/leasing model. - Reduced 4,000+ MT of CO₂ emissions and saved 5 million litres of fuel. - Partnerships with 3+ EV ecosystem partners, including OEMs and charging partners. - Featured on Shark Tank India and among the highest-funded businesses on the platform. - Founded by a Chartered Accountant and entrepreneur with over a decade of business experience.

The company operates in the electrical vehicles and Internet of Things sectors, focusing on sustainable last-mile delivery solutions. - It provides comprehensive services, including last-mile delivery (LMD), 3PL (third-party logistics) services, and electric mobility solutions tailored for large enterprises and small to medium-sized businesses (SMBs). - Their robust EV fleet and trained riders empower gig workers, creating over 15,000 jobs in just 2.5 years, contributing to the gig economy in India. - The business model generates revenue from a mix of fixed fleet orders (60%), EV rentals (20%), SMB rentals (10%), and on-demand deliveries (10%). - With a team of 120+, the company boasts a 95% rider retention rate, reflecting strong operational execution and workforce satisfaction. - It has an impressive ₹40+ crore revenue year-to-date, showcasing significant growth and market demand for its services. - The company is trusted by major brands like Zepto, BigBasket, Flipkart, and Amazon, reinforcing its credibility and reliability in the industry. - Aligning with government initiatives, the company focuses on promoting EV adoption and reducing emissions, appealing to clients with sustainability goals. - Business has a registration license.

Building a distinctive EV brand focused on design-led, home-grown technologies for personal mobility. - Specializes in lightweight, high-performance electric two-wheelers tailored for urban commuters. - Operates as a lean OEM with an asset-light manufacturing model and certified vendor partnerships. - Integrates proprietary technologies including carbon composite chassis, wireless braking, and immersion cooling. - Functions as both an EV product company and a design & technology studio with in-house R&D and prototyping. - Cater to urban riders, tech-savvy early adopters, and B2B mobility partners seeking performance and style. - Positioned in the premium EV 2W segment, targeting aspirational design, safety, and innovation - key market gaps in India.

Full-stack EV OEM and retrofit solutions provider focused on B2B logistics fleets in India. - Product lineup includes electric 3-wheelers (L5 cargo and L5 passenger), ICE-to-EV conversion kits (e30C), and Battery-as-a-Service (BaaS) solutions. - Offers comprehensive aftermarket care, service, and maintenance support for fleet operators. - Serves leading B2B clients such as Flipkart, DMart, Coca-Cola, Porter, Amazon, Rapido, and Zomato for last-mile and intra-city logistics. - Raised INR 96 crore from Mahanagar Gas Ltd. (MGL) in a Series A funding round. - Sold 834 electric vehicles in the last financial year, up from 438 the previous year. - Deployed 1,628 batteries under rental last year, doubling from 838 a year earlier. - Manufacturing capacity expanded to 300 vehicles/month with scalable potential up to 600/month. - Holds GST registration and company incorporation certificates; fully compliant with industry and regulatory standards.