Two Wheeler EV Startup Raising Funds In Mumbai
Email
Phone
Google
LinkedIn
Facebook
Product / Service
It is a two wheel EV manufacturing startup.
Clientele type
They cater to B2B clients.
Premises
LEASED
Lease per month (in INR): 1.00 L
Security Deposit (in INR): 5.00 L
Carpet Area: 10,000 sq ft
Asking Price Includes
The terms of transaction willl be discussed with potential investors.
Asking Price
INR 5.00 Cr
Minimum ticket size
INR 5,000,000 (INR 50.00 L)
Reason
The funds will be strategically allocated to fuel their Research and Development initiatives, enhancing their capacity for innovation. Additionally, they will be instrumental in streamlining their day-to-day operations, injecting much-needed liquidity to bolster their working capital and ensure seamless functionality across all facets of their business.
Other Details
This startup, having successfully raised funds before, is now seeking further investment in a critical step of their growth. Their strength in B2B sales, supported by a strong team and established network, aims to expand their clientele with the launch of an innovative two-wheeler EV. Building on past achievements, they already have signed agreements with potential buyers and are actively negotiating with others to solidify their market position. Two remarkable founders lead the company: a veteran entrepreneur, wise from previous ventures, and an IIM graduate with diverse experience, both contributing unique expertise to drive the startup's success.
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?
