Two Wheeler EV Startup Raising Funds In Mumbai
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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 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.
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₹10 to ₹200 Cr
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