1. Businesses
  2. Automobile & Auto Parts
  3. Tripura
  4. Agartala
  5. SL031688
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E-Rickshaw Rental Business Raising Funds In Agartala

Listing ID: SL031688
Posted By: Owner
Last Active: 5 days ago
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About Business

Established in 2005, this business operates an electric rickshaw rental model in Agartala, Tripura. The company owns a fleet of 40 e-rickshaws that are rented to drivers on a daily rental basis, generating recurring revenue.

The standard rental income is approximately INR 250 per vehicle per day, while the business manages electricity charging, routine maintenance, and fleet upkeep. Due to the need for replacement batteries, several vehicles are currently not operational, creating an immediate opportunity to restore the fleet and significantly increase monthly revenue.

The business has an established operating history, experienced workforce, and strong demand for affordable last-mile transportation services. With fresh funding, management intends to replace batteries, reactivate the inactive vehicles, and maximize fleet utilization.

Clientele type

The business serves local e-rickshaw drivers and transport operators who rent vehicles for passenger transportation on a daily basis within Agartala.

Premises

LEASED

Lease per month (in INR): 1.40 L

Security Deposit (in INR): 25.00 L

Carpet Area: 1,946 sq ft

The business operates from a leased facility in Agartala with operational space used for fleet parking, charging, maintenance, and administration.

Asking Price Includes

Stake in the business will be negotiated with potential investors.

Asking Price

INR 25.00 L

Minimum ticket size

INR 10.00 L

Reason

The business is seeking funding to replace batteries for its existing fleet of e-rickshaws. This capital infusion will enable restoration of inactive vehicles, improve rental income, strengthen cash flows, and support future expansion of operations.

Keywords

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Business Tags

E-Rickshaw Rental Business Raising Funds In Agartala

Fundraising for ₹10 Cr – 500 Cr

Confidential Process Completed in 120 Days

Strategic Preparation, Aligned Investor Outreach and Seamless Closure

Supported by Advisors with 26+ Years of Experience

Contact IBGrid Team

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