Listing Details : LB-11769

Investment Required 8 Crs
Turnover N.A
Legal Entity Private Limited
Category Services
Sub Category Mobility
Business Listed By Representative

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.

Year of Commencement

2022

No. of Team Members

6

Current Stage of Startup

Ready-to-Launch

Business Relocatable

Yes

Purpose of Investment

Research & Development

Investor Role

Silent

Previous Investment Infused

1 Crs

Investment Required As

Angel Investment

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

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