Listing Details : LB-15676

Investment Required 1 Crs
Turnover 2.2 Crs
Legal Entity Private Limited
Category Manufacturing
Sub Category Specialized Retail Products
Business Listed By Business Owner

Overview

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.

Year of Establishment

2022

No. of Employees

2

Current Status of Business

Running

Business Relocatable

Yes

Purpose of Joint Venture

Financial ()

Role of New Partner

Active

Property Type

Leased

Rental per Month

25 Thousand

Proposed Deal Structure

N.A

Competition / Market

Yes

Products & Services

Electric Scooty Brand

Growth Potential

Very High

Financial Details

Listing Details : LB-15676

Investment Required 1 Crs
Turnover 2.2 Crs
Legal Entity Private Limited
Category Manufacturing
Sub Category Specialized Retail Products
Business Listed By Business Owner

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