This Franchise Partner Program will be operated on franchise owned and company-operated business models.
eBikeGo has introduced a Franchise Partner Program, betting big on franchise route for expansion. With this, the electric vehicle subscription start-up is looking to strengthen its presence in Delhi, Bengaluru, and Mumbai, adding 10,000 electric bikes to its platform per year.
The company’s recent move will support and push the vision of Prime Minister Narendra Modi to develop an Atma Nirbhar Bharat.
eBikeGo has entered into a collaboration with Franchise India. The company will be providing the eBikeGo franchise on a pan-India basis to a bigger network. This opportunity is viable for people who are keen on exploring and investing in the Electric Vehicle market.
This Franchise Partner Program will be operated on franchise owned and company-operated business models. For its franchise owners, eBikeGo will provide and extend its platform, brand, technology and operational support.
T Irfan, Founder, and CEO, eBikeGO, said, “Our move to launch a franchise program will help generate much-needed opportunity at a time when millions of Indians have lost business and livelihood. The eBikeGo Franchise Partner Program will open up self-employment opportunities for hundreds of Indians across key markets such as Delhi, Bengaluru, and Mumbai.”
For Franchise Partner Program, eBikeGo is targeting partners from legacy businesses, who are looking to be a part of the electric vehicle industry.
“We are all for encouraging young budding entrepreneurs who want to contribute to a cleaner environment by investing in e-mobility solutions and join our platform and endeavor in boosting the adoption of EV vehicles,” Irfan added.
The investment required for eBikego franchise ranges between Rs 20 lakhs to Rs 1 crore. The franchisee will achieve break-even within two years with a high return on investments upwards of 30%.