E-Mobility Rental Services Startup Raising Funds
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Product / Service
They plan to start a company that rents electric bikes and electric rickshaws. These vehicles will be used for delivery services with companies such as Amazon, Flipkart, BigBasket, and others, as well as for ride-hailing services like Ola Bike.
Clientele type
They will cater to various clients, including students, housewives, office professionals, elderly individuals, and others, through platforms like Amazon and Flipkart. Additionally, they'll also cater to grocery delivery services such as BigBasket, and ride-hailing platforms like Ola Bike
Premises
LEASED
Lease per month (in INR): 8.00 K
Security Deposit (in INR): 40.00 K
Carpet Area: 700 sq ft
Asking Price Includes
The terms of the transaction will be discussed with potential investors.
Reason
They are seeking funds to kickstart the business.
Other Details
They aim to cater to a wide range of clients, including e-commerce giants like Amazon and Flipkart, grocery delivery services like BigBasket, and ride-hailing platforms like Ola Bike, with their rental electric bikes and e-rickshaws.
The benefits of e-transportation over conventional driving include reduced carbon emissions, lower operating costs due to cheaper electricity compared to gasoline, quieter operation, and contributing to a cleaner and more sustainable environment.
Additionally, riders can earn more profit due to lower operating costs and the almost hassle-free maintenance associated with e-transportation.
Business Tags
₹10 to ₹200 Cr
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