A Bio Diesel Startup in Surat Requires Investment

Surat, Gujarat, India

Fuel Refilling Stations

Investment
5 Crs

Category
Fuel Refilling Stations

Turnover
N.A

Sub Category
Alternate Fuels Trading

Legal Entity
Private Limited

Business Listed By
Business Owner

A Bio Diesel startup is now looking for an investor who is interested in funding the business. This 3 months old startup, situated at the economic hub in Surat, Gujarat is asking for Rs 5 crs for a 37% equity dilution. The start-up has a vision to decrease carbon dioxide emissions and dependency on finite fossil fuel by using a clean alternative and renewable fuel for diesel engines. The startup will be producing bio diesel using animal fats, palm fatty oil, Oil seeds and used cooking oil for producing bio diesel. All the raw material will be sourced through 3rd party providers and then creating Bio Diesel through a chemical process which includes, esterification, trans esterification , distillation process and then filtration and dispatch. The raw material will cost 50rs. The production costs will be Rs 5 to 6 per litre including all the variable and fixed costs. The finished product will be Bio Diesel and Glycerin.

Year of Commencement

2023

No. of Team Members

2

Current Stage of Startup

Running

Business Relocatable

No

Purpose of Investment

Working Capital

Investor Role

Active

Previous Investment Infused

Investment Required As

Seed Funding

Proposed Deal Structure

N.A

Summarize your Idea/Business

The startup has a vision to decrease carbon dioxide and dependency on finite fossile fuel by using a clean alternative and renewable fuel for diesel engins.

Key Highlights

The startup has a vision to decrease carbon dioxide and dependency on finite fossile fuel by using a clean alternative and renewable fuel for diesel engines. The startup will be producing bio diesel using animal fats, palm faty oil, seeds oil and used cooking oil for producing bio deseal.

Future Potential

Growth rate is high

Team Overview

N.A

Competition / Market

Yes we have some competition

Business Documents

Teaser/Information Memorandum

Valuation Report

Financials

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