Electric Mobility Biz Raising Funds In Vasai Virar

Listing ID: SL028048
Posted By: Owner
Last Active: 2+ months ago
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About Business

A fast-growing electric mobility startup focused on smart and eco-friendly commuting solutions. The company specializes in manufacturing and distributing innovative electric bicycles designed for urban and semi-urban users seeking cost-effective and sustainable transport alternatives.

Operations commenced commercially in 2022, and since then, the business has successfully sold over 1,000 units through a well-established dealer network of 60+ partners across India. The product portfolio includes smart electric bicycles priced between INR 25,000 and INR 65,000, catering to a wide customer base.

The company has built strong capabilities in product design, distribution, and dealer onboarding, positioning itself well to capitalize on the rapidly growing EV market in India. With increasing demand for green mobility and government push towards electrification, the business has strong scalability and expansion potential.

Clientele type

Individual consumers (urban & semi-urban commuters)
Dealer and distributor network across India

Premises

LEASED

Lease per month (in INR): 60.00 K

Security Deposit (in INR): 3.00 L

Carpet Area: 3,900 sq ft

The facility includes assembly, storage, and operations space

Asking Price Includes

Stake in the business will be negotiated with potential investors.

Asking Price

INR 1.00 Cr

Minimum ticket size

INR 50.00 L

Reason

The company is seeking investment to scale operations, expand dealer network, increase production capacity, and strengthen market presence across India.

More Details

Lean and efficient team of 9 employees
Strong focus on product innovation, operations, and dealer expansion

Business Tags

Electric Mobility Biz Raising Funds In Vasai Virar

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

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