Bhopal Based EV Manufacturing Company Looking to Start Automated Unit

By Swanand
Posted On: 20 / Apr / 2021
0 1346

Deal Details

Annual

Deal Type

Equity (Fundraise)
Maximum Loan

Industry

Electric Vehicles
Charge

Deal Status

Active

Deal Description

About Company: We are private limited company incorporated in February 2020.We have designed electric scooter-Hyena M1 and got ICAT approval for same in august 2020. We have received 500 plus dealer enquiries in just 72 hours. We are manufacturing frame, body panels inhouse. Our goal is to manufacture an electric with maximum localization so as to decrease the dependability on Chinese low quality imported electric vehicles. Company is creating vehical with following features: 1. Strong Carbon Steel body. 2. High ground clearance. 3. Easy availability of service and spare parts. 4. Best performer in urban and semi urban roads. Looking for investor to invest 15 Cr

No Files Attached

Deal Value
₹ 15 Crore
Targeted Region
Americas

Revenue

2022-23
Undisclosed
2023-24
Undisclosed
2024-25
Undisclosed
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