EV Dealership Raising Funds In Thiruvananthapuram

About Business

The business is an authorized dealership partner for a leading electric two-wheeler manufacturer and is expanding its operations into a new market in Southern Kerala, building on the success of its flagship dealership. The existing business has sold over 295 vehicles, secured more than 200 advance bookings, and established a strong sales and service network.

The expansion targets a commercial hub with an addressable market of over 70,000 annual two-wheeler registrations, aiming to achieve an estimated 5%–12% market share in a region with limited organized EV competition. To support this growth, the company is seeking an investment of ₹1 crore in exchange for 49% equity. The business projects a diversified revenue model with EBITDA of approximately ₹1.35 crore by Year 5, an estimated annual ROI of 12.25%–66.15%, a payback period of 4–5 years, and a potential 2x–3x increase in valuation over the same period.

Clientele type

The business targets a large and growing customer base of daily commuters and two-wheeler buyers across key commercial hubs in Southern Kerala. The addressable market includes over 70,000 annual two-wheeler registrations in regions such as Attingal, Kazhakuttom, Nedumangad, and Kollam. Demand is supported by rising fuel costs, improving charging infrastructure, and increasing adoption of electric mobility encouraged by government initiatives. The business has also secured a strong pipeline of over 200 advance vehicle bookings, reflecting positive customer interest and anticipated demand.

Premises

LEASED

Lease per month (in INR): 90.00 K

Security Deposit (in INR): 5.00 L

Carpet Area: 2,000 sq ft

Asking Price Includes

They are open to providing up to 49% equity in the business.

Asking Price

INR 1.00 Cr

Minimum ticket size

INR 50.00 L

Reason

The funds will directly cover showroom infrastructure setup, premium corporate branding and interiors, initial Electric vehicle inventory, high-end workshop equipment, launch marketing, and core operational working capital.

Licenses

Trade Licence

More Details

The business is led by a management team with expertise in operations, engineering, business development, and sales. The leadership includes a professional with a B.Sc. in Nautical Science and experience as a Merchant Navy Officer, contributing operational discipline and management capabilities, alongside a Mechanical Engineer responsible for business operations and strategic growth.

The proposed showroom will be managed by an experienced business professional holding an M.Com degree with prior experience as a Business Head at Pune-based companies, bringing expertise in sales, marketing, and business management. Collectively, the management team combines technical knowledge, operational experience, and customer-focused capabilities to support the business's planned expansion across Kerala.