Listing Details : LB-13974

Investment Required 50 Crs
Turnover 136 Crs
Legal Entity Private Limited
Category Manufacturing
Sub Category Auto Components
Business Listed By Founder

Overview

We are running a Disruptive EV Manufacturing company of 2 wheelers electric vehicles and are based in the Bengaluru, Karnataka. With our state of art Manufacturing plant in place, where in we are currently producing 105000 units per year. Established in 2000, We are running profitable since inception. Now we are planning to increase our presence geographically and improve and expand our business and thus we require capital infusion which will be Utilised for Working capital, Capex requirements and Marketing purposes. With our disruptive technology, We are manufacturing integrated EV scooters under 3 brands. Thus, we are a special business unit established in order to fulfil the manufacturing capabilities of our parent company. We are 100% owned subsidiary of our parent company to function as a resilient EV OEM capabilities.

Year of Establishment

2000

No. of Employees

500

Current Status of Business

Running

Business Relocatable

Yes

Purpose of Joint Venture

N.A

Role of New Partner

Silent

Property Type

Leased

Rental per Month

11 Lacs

Proposed Deal Structure

N.A

Competition / Market

We have a huge competitive advantage due to our unique engineering in our product

Products & Services

Electric vehicles under 3 brands

Growth Potential

Very High growth Potential as in India will become one of the largest hub of electric vehicles in the world.

Financial Details

Contact Business