Electric Vehicle OEM Biz Raising Funds In Bangalore

Listing ID: BB027367
Posted By: Third party
Last Active: 2+ months ago
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About Business

A Bengaluru-based electric vehicle manufacturing company established in 2022 with a mission to deliver affordable, reliable, and purpose-built electric mobility solutions tailored for Indian road and usage conditions.

The company focuses on developing slow-speed electric two-wheelers and utility vehicles designed for practical mobility needs in rural, semi-urban, and last-mile logistics environments. These vehicles operate at a maximum speed of 25 km/h, making them license-free and registration-free, which significantly lowers adoption barriers for users.

The products emphasize safety, affordability, and low operating costs, making them suitable for individuals and businesses that may not have the resources to maintain conventional fuel-powered vehicles.

Clientele type

The company serves multiple market segments, including:

Multi-brand EV dealerships
Fleet and logistics operators
Institutional buyers
Government and public mobility programs

Premises

LEASED

Lease per month (in INR): 35.00 K

Security Deposit (in INR): 1.00 L

Carpet Area: 10,000 sq ft

Current Production Capacity is over 10,000 vehicles per year

Asking Price Includes

Upto 25% equity will be offered to potential investor.

Asking Price

INR 25.00 Cr

Minimum ticket size

INR 1.00 Cr

Reason

The company is currently seeking strategic equity investment to accelerate production capacity and market expansion.

Licenses

Udyog aadhar, Shop Licence

More Details

The company is led by an experienced leadership team with decades of experience in automotive design, manufacturing, and electric mobility development.

The management has previously worked with leading EV manufacturers and automotive companies, bringing deep expertise in:

Electric vehicle product development
Manufacturing processes
Supply chain and component sourcing
EV startup consulting and engineering

The organization currently employs around 20 team members across engineering, manufacturing, and operations.

Business Tags

Electric Vehicle OEM Biz Raising Funds In Bangalore

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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