Electric Scooty Brand Seeking Funds

An electric scooter brand based in Faridabad is seeking funding to expand its operations and enhance working capital margins to handle higher order volumes. The business operates under a unique model, importing spare parts from China and assembling the scooters in its in-house facility. This unit spans 3,000 sq. ft. and functions on a rented premise. The company supplies its electric scooters under its own brand to a well-established network of 35-38 distributors across India, showcasing its growing market presence. With the rising demand for eco-friendly transportation, this business offers significant potential for growth and profitability. The funding will be directed toward meeting working capital requirements, enabling the business to cater to larger order quantities and strengthen its dealer network further. This opportunity presents a chance to invest in a promising and scalable venture in the sustainable mobility sector.