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Hotline: 1800 102 2007
Hotline : 1800 102 2007
Electric Two Wheelers

Fidus Electric

Area Requirement 800 - 1000 Sq.ft
Investment Size INR 20 Lac - 30 Lac
Franchise Outlets Less than 10
Business Detail

Fidus stands for Power Using Renewable Energy and true to its name ever since inception, the company has focused on enabling transition to sustainable energy sources. The legacy of the brand goes back to over a decade with our Solar Business which has helped us enter into other sustainable energy technology through our EV venture Fidus.

Energy storage technology has been a key area of focus since the inception and the Company has developed strong expertise in Lithium battery technology. The company management team brings significant experience from academia and the energy industry.

We manufacture electric scooters and motorcycles under the brand FIDUS ELECTRIC and high-performance Lithium batteries under the brand Fidus Lithium. The company has set up a dedicated EV and battery manufacturing unit measuring over 1 lakh sqft and having a dedicated facility for RD for EV powertrain development and testing.

We are one of the leading EV2W brands in India and also have a dominant position in exports to South Asian countries Nepal and Bhutan! The company is focused on building products beloved by the mass consumer and building a trustworthy brand name in EV.

Investment Detail
Commenced Operations
Operations Commenced On 2021
Franchising / Distribution Commenced On 2023
Franchise Details
UNITS
Location Store wise
Investment INR 20lakh - 30lakh
Franchise/Brand Fee INR 300000
Royalty/Commission 11 %
Expansion Locations
North
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
South
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
East
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
West
Gujarat, Rajasthan, Maharashtra, Goa
Central
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
UNION TERRITORIES
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Franchise Details
Territorial rights for unit franchise Yes
Anticipated percentage return on investment 79%
Payback Period 2-3 Years
Any Other Requirements NA
Property Details
Type of property required for this franchise opportunity Commercial
Area Requirement 800 - 1000 Sq.ft
Preferred location of unit franchise outlet PAN INDIA
TRAINING DETAILS
Detailed operating manuals for franchisees Yes
Franchisee training location PAN INDIA
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
AGREEMENT & TERM DETAILS
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is term renewable? Yes

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