EV Rickshaw Manufacturer Raising Funds In Lucknow
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About Business
The company is one of the leading manufacturers, retailers, and wholesalers of E-Rickshaws and Electric Rickshaw Loaders. It offers four main products: E-Rickshaw, E-Rickshaw Loader, and E-Rickshaw Battery. Each category features a variety of model types to cater to different customer needs.
Clientele type
The company's main clientele consists of retailers and wholesalers, catering to their needs for E-Rickshaws, E-Rickshaw Loaders, E-Rickshaw Batteries, and various model types within each category.
Premises
OWNED
Premise Size: 22000 sq ft
Market Value (in INR): 15.00 Cr
Asking Price Includes
The terms of the transaction will be discussed with potential investors.
Asking Price
INR 10.00 Cr
Minimum ticket size
INR 10.00 Cr
Reason
The market is shifting towards high-speed auto rickshaws and cargo vehicles. The company needs funds to launch L5 auto rickshaws to meet this growing demand.
More Details
The overall market is experiencing significant growth, especially in the EV segment, which is booming. There is a strong demand for auto rickshaws, as they contribute to a substantial reduction in fuel costs. The company already has a solid market presence and is looking to expand its business line to capitalize on this growing demand.
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₹10 to ₹200 Cr
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