BUSINESS BRIEF
the company is a high-speed electric vehicle startup focused on developing a fully integrated urban mobility ecosystem. it has completed government homologation for its electric scooter models and operates through an innovative asset-light dealer network model. revenue streams include vehicle sales, battery commissions, financing, insurance, and accessories. led by an experienced automotive entrepreneur with a successful track record in the ev industry, the company seeks strategic investment to scale operations and expand its market presence across india.
PROPOSAL
Industry
Manufacturing
Sub Industry
Industrail Industry
Nature of Business
Manufacturing and distribution of high-speed electric scooters through an asset-light dealer network
Reason for sell-off
Strategic capital raise to accelerate business expansion
Location
Kolhapur, Maharashtra, India
Open For Dilution
yes
Deal Size
₹ 10 cr
Sector
Manufacturing
Region
West India
Top Customer
🔒 Confidential
Justification
The company has completed government homologation, eliminating significant regulatory costs and time. It operates an asset-light business model with multiple revenue streams and is led by an experienced promoter with over 33 years of automotive industry experience. The proposed investment will support dealer network expansion, manufacturing scale-up, working capital, and business growth.
FINANCIAL INFORMATION
| 2024 (in INR lakh) | 2025 (in INR lakh) | 2026 (in INR lakh) | |
|---|---|---|---|
| Sales | development stage | projected revenue as per business plan | projected revenue as per business plan |
| EBITDA | |||
| PAT |
BUSINESS DOCUMENTS