EV aggregator looking for Tata tigor (express T) on lease

Posted On: 05 / Sep / 2022
0 710

Deal Details

Annual

Deal Type

Sell (Strategic Investors)
Maximum Loan

Industry

Electric Vehicles
Charge

Deal Status

Active

Deal Description

EV aggregator looking for Tata tigor (express T) on lease

EARN with ZERO Investment of your own

Number of T permit cars required - 100 plus

cost of the car - 11 lacs

company contribution - 2 lacs

your contribution - 9 lacs

The car will be in name of the investor

He gets 2% per month (18000) per car per month for 5 years

He gets depreciation benefits of the car 

EV aggregator already has 65 plus cars deployed on his app 

EV aggregator already has its own charging network in place

EV aggregator is getting 3X business than the capacity as the fare is 20% lower than other competitors

The company has got sanction of 300 cars from a Cooperative Banks

Suggested Modal

Take Bank Finance for 80% of car value as 20% is funded by the Company  so own investment ZERO

EMI will be paid directly by the aggregator (He has a 20% stake in your car so he has to pay)

You get Rs 3000 per car per month and a depreciation benefit on the car

Eligibility - Must have a company in Fleet business 

Attached Files

icon Cab E requirement png

Deal Value
10 Crore
Targeted Region
Asia Pacific

Revenue

2019-20
Undisclosed
2020-21
22 Lakhs
2021-22
79.99 Lakhs