The Indian Electric Vehicles market was valued at USD 5 billion in 2020, and is expected to grow up to USD 47 billions within the next 6 years.
YES, ALMOST x10 GROWTH
Major Players in the Current Market
INDIAN TAXI AGGREGATOR MARKET GROWS GLOCALLY: MAJORS BACK OFF TO THE LOCALS HENCE WORKERS CHOOSE NON-TOXIC INDUSTRIES
The online taxi services market in India was valued at INR 30.72 Bn in FY 2020 and is expected to expand at a compound annual growth rate (CAGR) of ~12.93% during the FY 2021 – FY 2025 period, to reach a value of INR 55.15 Bn by FY 2025.
WE SPEAK ABOUT THE LEADING E-CAB PROJECT IN A 1,5-MILLION INDIAN CITY
WHY India is not captured fully by Uber and OLA?
This is the reason for the local providers' growth: see the analysys by ThinkSchool in the video below.
LEADING POSITION IN THE CITY
Launched with a test fleet of 10 cars in Dec 21 and now running 20 cars as on Summer 22
Completed more than 8500 successful rides in the city
5000 + App Downloads on Google Playstore and 2000+ App downloads on App Store
65K + KM Run taken in 5 months & 6.5 tonnes of CO2 offset
E-CABS ON-SERVICE NOW
- 20 Full Automatic Cabs: Mahindra e-Verito & Tigor X Press T - Sedans with a seating capacity of 4 passengers (Air-Conditioned) - Charging Time: 90 mins on a fast DC Charger 10 hours on an AC Charger - Range: 110 - 155 kms per charge - Max. Speed – 80 Km/ hour - All cars insured + in-house garage
Visiting Air Travellers
Shoppers Visiting Malls
ACTIVE URBANS = THE SWEETEST SPOT REACHED VIA THE KEY CITY AREAS
Estimated Growth: 18 Key Areas in the City 1 Only
Equal Preference is Given by the Company to Hire WOMEN DRIVERS
The project is founded by 3 ladies-travellers: entrepreneurs who understand the social impact of inclusion, safety and EQUALITY.
To create opportunities using environment friendly technologies and make them accessible to the people
Our mission is to provide clean, safe, premium, affordable and courteous transportation services and solutions, to create opportunities for women drivers and adapt clean fuel technologies.
GROWTH STRATEGY: GLOCALITY
WHAT KIND OF INVESTMENT NEEDED?
- Funding for Cars – Driver Owner Model/Leasing Model; - Investment for Setting Charging Infrastructure – Captive consumption and public charging facility; - Investment for running the ride hailing operations in the City II.
PRIMARY REQUEST: 9,4 Million USD (debt financing).
THE COMPANY IS OPEN FOR THE VC-FINANCING & STRATEGIC PARTNERSHIPS AS WELL
On the financial front a cumulative first 5 year's gross billings to commuter's is projected as Rs. 725 Cr. With Net effective take 136 Cr., and PAT Will be 90 Cr. Approx.
Early stage Funding – To Kick start the projects we are seeking funding of Rs. 75 Crores either from angel, VC, QIB, Investment funds and other collaborator's with vested business interests.
In further funding rounds it will be required Rs 175 Crores to expand the operation to a total of 25 cities.
The exit options proposed to reward the investors would be either listing of shares, private placement, buy back option or M&A.
To join forces for being a part of the joint success, the company is inviting PE/VC, Angel Investors, HNIs, Car Manufacturers/ Dealers, Law/CA/CS/CMA Firms, Investment Bankers, FIIs, FDI, QS, QIBs, Brokers, Portfolio Managers and other Strategic Collaborators.
WE HAVE SEVERAL SIMILAR E-CAB MAJOR LOCAL PLAYERS IN TIER-1/TIER-2 INDIAN METRO CITIES.
THIS PROJECT IS DISCTINCT BY THE EXCEPTIONAL SOCIAL FOCUS AND FEMALE FOUNDERS' TEAM.
Drive the change!
Become the partner of the green and profitable business!
Yes, I am interested!
Invest into Electric Cabs!
Fill the form in and get the financial model and the deck
DISCLAIMER: This landing page has been prepared solely for informational purposes in connection with a possible investment offer of the Company. Any person intending to invest in the Company, when making any investment decisions, should rely only on the information set out in the Company's prospectus and any changes or additions to it. No representations or guarantees are given regarding the accuracy, validity and completeness of the information contained in this landing page, and no person has the right to rely on the content of this page. The information presented here may be updated, supplemented, corrected, confirmed or changed. At the same time, significant changes in the information contained in this page are not excluded. Neither the Company, nor its shareholders, nor any of their affiliates, consultants or representatives are under any obligation to update or update the information contained in this landing page, and any conclusions contained in this page may be changed without any notice. NOTICE: this page is 'blindlead'. For getting more information about name, founders & other data, please fill in the application form above.
В-304, 24K Sereno, Pancard Club Road, Baner, Pune, India, 411045