EV Two-Wheeler MFG Raising Funds in Nellore, Andhra Pradesh

Listing ID: SL026119
Posted By: Owner
Last Active: 1 week ago
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About Business

Electric Scooter Import and Distribution Business Seeking Investment

About the Business
An established electric two-wheeler company engaged in importing, assembling, and distributing electric scooters across South India is looking for investment to expand its operations.

Operations
The business operates its own manufacturing and assembly unit in Nellore, supported by a rented warehouse for storage and logistics. The scooters are imported from China, assembled in India, and sold under the company’s own brand.

Dealer Network
The company has a network of five active dealers located in Hyderabad, Vizag, Vellore, Rajahmundry, Tirupati, and Manalagonda.

Performance
To date, the business has sold more than 500 electric scooters, showing consistent demand and a growing presence in the EV two-wheeler market.

Purpose of Investment
The promoter is seeking funds to expand production capacity, increase the dealership network, and strengthen marketing and brand visibility in new regions.

Clientele type

The primary clientele includes authorized dealers and end users who purchase the electric scooters directly through the company’s sales network.

Premises

LEASED

Lease per month (in INR): 40.00 K

Security Deposit (in INR): 5.00 L

Carpet Area: 1,000 sq ft

Asking Price Includes

The owner is willing to offer a 15–20% equity stake, depending on the size of the investment.

Asking Price

INR 30.00 L

Minimum ticket size

INR 25.00 L

Reason

The founders are seeking a suitable investor to support the business expansion.

Business Tags

EV Two-Wheeler Manufacturer Raising Funds in Nellore Andhra Pradesh

₹10 to ₹200 Cr

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