A Early Revenue Startup in Automotive/ Mobility (Electric Charging Infrastructure) and Electric Vehicle (Charging Infrastructure) from India is looking to raise fund

Posted By - Investment Banker Posted date - 29/08/2020

BUSINESS BRIEF

The Company has expanded into the EV Chargers OEMs and EV Infrastructure vertical. They already have got a big technological partner in China. Promoter has developed Bharat DC charger complying with all Indian charging standard with in-house Research and development capabilities. Chargers are ARAI approved. The Company is already in touch with clients like Ashok Leyland, JBM Group, Tata, for setting up charging infrastructure.

Proposal
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Capital Requirement

INR 3.5 Cr

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Funding Status

I do not have any investment commitment

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Industry & Sub-Industry

Automotive, E-Mobility (1)

Charging Infrastructure

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Technology/Product/Service Offering

EV Chargers

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StartUp Stage

Early Revenue

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Business Segment Type

B2B, B2C

End use of fund (in %)

Financial Information
2017 (in Cr) 2018 (in Cr) 2019 (in Cr) 2020 (in Cr)
Sales
N.D N.D N.D INR 2 Cr
EBITDA
N.D N.D N.D N.D
PAT
N.D N.D N.D N.D
TOTAL DEBT
N.D N.D N.D N.D
Business Documents

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