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MeitY Startup Hub onboards MergerDomo to strengthen start-up ecosystem in India
Posted By - Investment Banker
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.
Funding Requirement
INR 35 Mn
Funding Status
I do not have any investment commitment
Industry &
Sub-Industry
Automotive, E-Mobility (1)
Technology/Product/Service Offering
EV Chargers
Early Revenue
B2B, B2C
End use of fund (in %)
| 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
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