EV Startup Raising Seed Funds In Prayagraj
About Business
An upcoming electric vehicle (EV) service and distribution venture focused on two-wheelers and four-wheelers. The business aims to cater to the rapidly growing demand for sustainable mobility solutions in a high-potential urban market.
The company plans to operate through a hybrid model involving vehicle distribution, servicing, and customer support, targeting retail (B2C) customers.
The promoters bring early-stage planning and execution readiness, with operations expected to commence soon from owned premises.
Clientele type
Retail (B2C) customers seeking electric mobility solutions
Premises
Business will operate from owned premises, reducing rental overheads and ensuring long-term operational stability.
Asking Price Includes
Stake in the business will be negotiated with the potential investor.
Asking Price
INR 10.00 L
Minimum ticket size
INR 10.00 L
Reason
The funds will be utilized to establish operations in a high-demand location, including initial inventory, setup, and working capital requirements.
More Details
The founding team is focused on building a scalable EV distribution and service network, with emphasis on customer satisfaction and long-term growth in the clean mobility sector.
Keywords
Business Tags
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