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

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

Funding Requirement

INR 35 Mn

Funding Status

I do not have any investment commitment

Industry IconIndustry & Sub-Industry

Industry IconTechnology/Product/Service Offering

EV Chargers

StartUp Stage

Early Revenue

Business Segment Type

B2B, B2C

End use of fund (in %)

Financial Information

2017 (in INR) 2018 (in INR) 2019 (in INR) 2020 (in INR)
Sales 0 Mn 0 Mn 0 Mn 20 Mn
EBDITA N.D N.D N.D N.D
PAT N.D N.D N.D N.D
TANGIBLE NET WORTH N.D N.D N.D N.D
LONG TERM DEBT N.D N.D N.D N.D
TOTAL DEBT N.D N.D N.D N.D

Business Document

Business Document

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