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Electrical Vehicles Company Investment Opportunity in Tamil Nadu, India

Electric vehicle startup company building electric bicycles and electric bikes.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Electrical Vehicles
Locations  Tamil Nadu
Local Time 8:14 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 890 thousand for 49.0% stake (Native Currency: INR 75,000,000)
Reason: To set-up a factory, purchase the required materials and start operations with assembling and manufa... View More
Includes physical assets worth USD 8.3 thousand
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Business Overview
- 2-year old company in Tamil Nadu that is into electric vehicles.
- Electric bicycles are ready to launch in two months.
- Completely in-house designed and fully working prototype is ready and testing on our roads.
- Working on electric bikes and in the future we will launch a personal transport vehicle, passenger vans and LCVs.
- Fully working prototype of the electric bike has been developed already.
- Vehicles will be developed with the help of micro-factories and automation technologies.
- Will tie-up with OEMs for parts manufacturing and the assembly will be done in-house.
- Mass production will start in 3 months.
- Already in the process to raise investment from US investors.
Products & Services Overview
Manufacturing of electric bicycles, electric bikes, personal transport vehicle, passenger vans and LCVs.
Assets Overview
Completely in-house designed and fully working prototype is ready and testing on our roads.
Battery building equipment.
Prototype building equipment.
Assembly line building equipment.
Our main asset is IP such as design and technology involved to build electric vehicles in house.
Facilities Overview
Have a rented office and workshop of 1200 sq ft in Kanchipuram.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder, IT, London, Individual Investor / Buyer connected with the Business
  • Earlier than 15 days
    Executive Director, New Delhi, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder & CEO, Chennai, M&A Advisor connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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