Electric Vehicle Manufacturing Biz Raising Funds In Gurgaon
About Business
The company is an indigenous electric vehicle manufacturer focused on advancing sustainable mass transportation solutions. Established in 2023, the organization specializes in the production and assembly of electric buses, supported by dedicated manufacturing facilities equipped with advanced machinery and installation setups. Its operations encompass full-scale assembling processes, technical training programs, telematics integration, and a strong after-sales service network.
The company has developed a flagship 12-meter electric bus model designed for staff, school, and intercity applications, offering multiple seating configurations and high-performance specifications. It emphasizes low total cost of ownership (TCO), superior ride comfort, high uptime, precision-built body construction, and robust safety features. Production is backed by a machine-driven assembly line and modern installation infrastructure to maintain quality consistency.
The brand currently has an active order portfolio of 83 electric buses, reinforcing its growing market presence. The product line incorporates LFP battery technology, high-capacity fast-charging systems, liquid-cooled power units, air-suspension frameworks, advanced driver assist features, and optional 360° camera systems. Fleet reliability is supported by a connected platform that enables predictive diagnostics across battery, vehicle systems, and telematics.
The business continues to expand its market footprint, leveraging innovation-led manufacturing, sustainable energy adoption, and integrated service support systems to contribute significantly to India’s evolving clean mobility ecosystem.
Clientele type
Its clientele includes government bodies such as Haryana and the UAE authorities, along with private travel operators.
Premises
The business operates through multiple locations, including a corporate office, a dedicated parking facility for vehicles, and a separate depot used for installations and assembly activities. All operational premises are currently leased.
Asking Price Includes
The terms of the transaction will be discussed with the potential investors.
Asking Price
INR 10.00 Cr
Minimum ticket size
INR 5.00 Cr
Reason
The owner is looking to raise fund to establish a dealership network and experience centers across strategic locations.
More Details
The business has a team of 52 employees.
Keywords
Business Tags
₹10 to ₹200 Cr
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