Start Up

An EV 2 Wheeler Rental Vehicle Start-Up Looking for Funds

We are into manufacturing of vehicles, Recently we have manufactured a 2 Wheeler EV scooters, We will give our scooters to the food company for food delivery. We have manufactured 100 vehicles for rental purposes. The food delivery companies are Swiggy and Zomato, we will give the vehicles to them on a monthly Rental of Rs6000. The distance covered by the EV 2-wheeler is 150 Km. This is the first stage of launching this in the market, but we need an Investment of Rs8 Cr for more manufacturing of vehicles and will dilute 10 % equity.

HyderabadTelangana
Services Category
Mobility Sub Category
Representative Business Listed By

Overview

We are into manufacturing of vehicles, Recently we have manufactured a 2 Wheeler EV scooters, We will give our scooters to the food company for food delivery. We have manufactured 100 vehicles for rental purposes. The food delivery companies are Swiggy and Zomato, we will give the vehicles to them on a monthly Rental of Rs6000. The distance covered by the EV 2-wheeler is 150 Km. This is the first stage of launching this in the market, but we need an Investment of Rs8 Cr for more manufacturing of vehicles and will dilute 10 % equity.

Services Mobility

Business Details

2022 Year of Commencement
6 No. of Team Members
Ready-to-Launch Current Stage of Startup
YesBusiness Relocatable
Research & Development Purpose of Investment
Silent Investor Role
1 Crs Previous Investment Infused
Angel Investment Investment Required As

Proposed Deal Structure

we need an Investment of Rs8 Cr for more manufacturing of vehicles and will dilute 10 % equity.

Summarize your Idea/Business

We have manufactured EV 2 wheelers and will give the to food delivery companies on rental.

Key Highlights

Food delivery companies revenue can generate easily, want to make 3 wheelers also.

Future Potential

N/A

Team Overview

5-6 members.

Competition / Market

We have competitors.

Financial Details

EBITDA :- N.A PAT :- N.A Debt :- N.A

How the Acquisition Process Works

  1. 01Contact SellerContact Seller
  2. 02Teaser/Information MemorandumTeaser/Information Memorandum
  3. 03Valuation ReportValuation Report
  4. 04FinancialsFinancials
  5. 05Schedule an Advisory MeetingBook Your Consultation

Keywords

Services business opportunity for sale in Telangana, Services business for sale in Telangana, Acquire Services business for sale in Hyderabad, Buy Services business in Telangana, Purchase Services business for sale in Telangana

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