Mini Metro EV Franchise
E-rickshaw maker's dealership: no registration fee, est. ₹5–10 L for stock and showroom. FY25 revenue ₹177 Cr; claims 350+ dealers.
Mini Metro EV franchise at a glance (terms checked Oct 2026)
Investment
₹5 L - ₹10 L*
Estimate — not published by the brand · excl. fee
Ongoing take
No royalty — you earn a margin
Franchise fee
No franchise fee
Payback
Not published
* Not verified — the brand doesn't publish this; the figure comes from other published sources or FranchiseChuno's estimate (see "Reported elsewhere" and "Our estimates" below). Real numbers can differ.
- Disputes with franchisees: None found (records checked Oct 2026)
- Profit or loss: Profit of ₹13.1 Cr in FY25
- Company standing: Active and up to date with the registrar
Franchisor strength isn't franchisee profit — check real outlet numbers.
Outlets
350 (brand claim)
What we couldn't verify
- • Outlet closures
- • Franchisee satisfaction
- • Outlets we could verify
- • Outlet claim matches reality
Ask before you sign
- Speak to at least 3 franchisees who have run an outlet for 2+ years and see their actual monthly sales and profit — a franchisor making money doesn't mean its franchisees do.
- Get a written, itemised cost breakdown — the brand hasn't published one.
- Ask for every upfront payment in writing — deposit, onboarding, equipment or stock — and which parts are refundable.
Franchise terms checked against Mini Metro EV's official dealer page on 4 Oct 2026. Figures marked * aren't published by the brand — they come from other published sources or our own estimate, and aren't verified.
Investment Breakdown
Per franchisorMini Metro says there is no fee to register as a dealer
Model your own numbers in our calculator
Open the ROI calculator* Breakdown as published by Mini Metro EV.
Ways to Partner with Mini Metro EV
1 partner model published by the brand. Figures it doesn't publish are left blank.
Authorised dealer
- Investment
- ₹5 L – ₹10 L
- Fee
- No fee
- Royalty / margin
- Margin on vehicles and spares sold (rate not published)
- Territory
- Area exclusivity considered on performance, order volume and demand
- Who it suits
- Any business with a valid registration — retailers, wholesalers, distributors or online sellers
Investment is a FranchiseChuno estimate; no registration fee, minimum order quantities may apply
Our Estimates
FranchiseChuno estimateMini Metro EV doesn't publish these, so here is our best read of the market and how we got there. They are our estimates, not the brand's figures — use them to plan, then confirm the real numbers in writing.
Investment to start a Mini Metro dealership
₹5–10 L*
No registration fee, so the outlay is mainly opening stock. A Mini Metro e-rickshaw lists at about ₹1.55–1.60 L ex-showroom in Meerut (published Meerut price listings, 2026); 3–5 vehicles is ₹4.7–8 L, at retail price (a dealer buys below it, so this leans high), plus roughly ₹1–2 L for showroom branding, spares and working capital. Rent and deposits are extra and vary by town.
Unit-economics model · Oct 2026
Reputation & News
1 red flag to checkWhat the press, courts and real franchisees or customers have said about Mini Metro EV — summarised by us, with every source linked.
- In the news· FY25
FY25 revenue and profit fell
Filings show revenue fell 11% to ₹177.4 Cr and net profit 19% to ₹13.1 Cr in FY25, after rising from ₹60.4 Cr in FY22 to ₹198.5 Cr in FY24.
Source: Mini Metro EV LLP filings via Tracxn - Legal / regulatory· Apr 2023
Calcutta High Court order on e-rickshaw registration (2023)
Mini Metro petitioned the Calcutta High Court after West Bengal stopped registering battery e-rickshaws; in Apr 2023 the court directed the transport directorate to have its vehicles registered, subject to conditions. It shows local registration risk for dealers.
Source: Calcutta High Court via Indian Kanoon - In the news· Apr 2026
Yugo launch and ₹70 Cr plan (advertorial)
A Tribune piece published under its advertorial disclaimer (Apr 2026) covers the Yugo L5 auto launch and a ₹70 Cr manufacturing plan, and says the company crossed ₹200 Cr revenue in 2023; filings show ₹198.5 Cr for FY24.
Source: The Tribune (advertorial) - employee_opinion★ 4.4/5 · 39 ratings
AmbitionBox employee rating
Staff at the Meerut plant rate the company 4.4 out of 5 across 39 reviews.
Source: AmbitionBox
Vehicle range
Models listed on Mini Metro's site (Oct 2026)
- E-rickshaws: Mini Metro ProLead, Pro Plus, Pro, V2, M1
- E-carts / e-loaders: LD 400, LD400 Cover Body, LD400 Garbage Loader, LD400 Double Decker
- L5 electric auto: Yugo
Source: Mini Metro EV website
Key Terms at Mini Metro EV
The clauses that shape day-to-day running and your exit — read these before the fee.
- Territory
- Area-wise exclusivity is considered based on the dealer's performance, order volume and market demand — it is not automatic.
- Stock & returns
- There is no registration fee, but minimum order quantities may apply after approval.
- Other terms
- Mini Metro says applications are reviewed and answered within 3–5 working days.
Funding options
Customer finance
IndusInd Bank
Shown as a finance tie-up for buyers on Mini Metro's home page; terms not published
Financing
NBFCs: Perfect Finance, Embifi, LokSuvidha, Malhotra Finance, Manba Finance, Mufin, Namdev Finvest, RBA Finance, Surjit Finance and a lender formerly known as Pooja Finelease
Shown as finance tie-ups for buyers; terms not published
Legal & Contract Summary
Key contract terms at a glance — read before you sign.
Agreement Type
You buy and resell the brand's products
Contract Duration
—Renewal Available
—Territory Exclusivity
—Non-Compete Clause
—Exit Clause
—Who Can Apply for Mini Metro EV
Conditions the brand sets for partners, and the licences the business needs.
- Business registration: A valid business registration (retailer, wholesaler, distributor or online seller)Required
- Auto-sector experience: Preferred, not mandatoryPreferred
Licences & registrations
| Licence | Issued by | Who gets it |
|---|---|---|
| Vehicle type approval (ICAT certification)Mini Metro says its e-rickshaws are ICAT-certified; certificates are shown only as images on its site | International Centre for Automotive Technology (ICAT) | The brand |
About the Brand
Brand USP
An e-rickshaw and e-loader maker that says it builds in-house at a 50,000 sq ft Meerut plant, appointing dealers without a registration fee.
Why invest in Mini Metro EV?
Mini Metro EV by the Numbers
Source marked on each figure350+ (dealer page; the about page counter says 500)
Active dealers · Oct 2026
Brand claimAbout 100 vehicles a day, plans for 150+ (main site); its catalogue site says 50 a day
Production · Oct 2026
Brand claim1,50,000 (about page counter) vs 10,000+ (catalogue site)
Vehicles delivered · Oct 2026
Brand claim50,000 sq ft, Meerut (UP)
Plant · Oct 2026
Brand claim₹177.4 Cr (FY24: ₹198.5 Cr)
Revenue FY25 · FY25
Company filing220
Employees · May 2026
Company filingCompany Financials
Brand-level, publicly reportedThe franchisor's own company health — separate from what a single franchise outlet earns.
Revenue (FY25)
₹177.41 Cr
Net profit (FY25)
₹13.06 Cr
Employees (May 2026)
220
A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.
Company Health Check
What Mini Metro EV's franchisor company has filed with the registrar and the courts — the checks a lawyer would run before you sign.
- Status with the registrar
- Active
- Brand trademark
- Registered ('Mini Metro' logo mark, Class 12 electric rickshaws, filed Dec 2019, valid to Dec 2029)
Source: MCA filings via Tracxn (checked Oct 2026)
Full company recordsFinancials year by year, registered details, leadership and timelineShowHide
Mini Metro EV Financials Over Time
Figures for the brand, from filed or reported accounts.
Source: Mini Metro EV LLP filings via Tracxn
A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.
Company Profile
The legal entity behind the brand, its leadership, and its official channels.
- Registered name
- Mini Metro EV LLP
- Company type
- Limited Liability Partnership
- CIN
- AAC-9952
- Incorporated
- 1 Dec 2014
- Headquarters
- Meerut, Uttar Pradesh
Leadership
- KKaran LongyaniCo-founder and managing partner
- BBhupender SinghCo-founder and managing partner
- SSameer KhannaManaging director
- HHarjass SinghManaging director
Social presence
Company details source: MCA records via Tracxn
Mini Metro EV Timeline
2013
Mini Metro founded by Karan Longyani and Bhupender Singh
Trademark records give first use as Mar 2013
SourceDec 2014
Mini Metro EV LLP registered
SourceDec 2019
'Mini Metro' logo mark filed (Class 12); later registered
SourceApr 2023
Calcutta High Court directs West Bengal to have its e-rickshaws registered, subject to conditions
SourceFY24
Revenue peaks at ₹198.5 Cr
SourceFY25
Revenue falls 11% to ₹177.4 Cr
SourceApr 2026Announced plan
Launches Yugo L5 electric auto and a ₹70 Cr manufacturing plan
₹50 Cr for a new unit on top of ₹20 Cr invested in Meerut from 2023 (brand-supplied advertorial)
Source
FranchiseChuno Analysis
Our analysis of verified dataHow Mini Metro EV looks once the numbers are checked side by side.
- ✓The franchisor company is profitableIts latest filed accounts show a net profit. That's the franchisor's money, not yours: a profitable franchisor doesn't mean its franchisees make money. Check real outlet numbers before you invest.
- ✓Brand operating for 13 yearsFounded in 2013. The brand doesn't state when franchising began.
- !1 red flag in the news or public discussionSee Reputation & News below, and ask the brand to address each one.
Data completeness
55%
- ✓ Terms checked against the brand's own page
- ○ Published investment (not an estimate)
- ✓ Franchise fee
- ○ Royalty
- ○ ROI or payback claim
- ○ Agreement term
- ✓ Training details
- ○ Outlet cities verified
- ✓ Company financials
- ✓ Legal entity
- ✓ News & public opinion checked
Ask Before You Sign
Questions tailored to what Mini Metro EV does and doesn't publish.
- 1Speak to at least 3 franchisees who have run an outlet for 2+ years and see their actual monthly sales and profit — a franchisor making money doesn't mean its franchisees do.
- 2Get a written, itemised cost breakdown — the brand hasn't published one.
- 3Ask for every upfront payment in writing — deposit, onboarding, equipment or stock — and which parts are refundable.
- 4Ask exactly how your margin or commission is calculated, when it's paid, and whether the brand can change it.
- 5Ask for the agreement term, renewal fee and exit or transfer terms.
- 6Ask whether you get an exclusive territory, and how large it is.
- 7Ask the brand to respond to each red flag listed under Reputation & News.
- 8Have a lawyer review the franchise agreement before paying anything.
- 9Visit 2–3 existing outlets and speak to their owners without the brand present.
Running the outletSpace, staff, launch steps, training, support and who does whatShowHide
Operations Required
What you'll need on the ground to run this franchise day-to-day.
Area Required
—
Staff Needed
—
Setup Time
—
Owner Involvement
—
Best Locations
Not published
Business Type
Not published
Training & Support
What the brand provides to help you launch and run your franchise.
Operations Manual
Step-by-step playbook for running the outlet
Supply Chain Support
Vendor sourcing, inventory & logistics
Technology / POS
Billing, inventory, and management software
Marketing Support
Branding materials, promotional campaigns, digital assets and showroom design assistance
Launch Support
Pre-opening setup and grand-opening assistance
Ongoing Field Support
Regular visits and operational coaching
Training Programme
Ongoing Support
What Mini Metro EV franchisees say
We haven't yet heard from enough Mini Metro EV franchisees to show anything. We publish totals once 3 or more people who run an outlet have answered and we've called each one to check.
I run a Mini Metro EV outlet — share how it wentFrequently Asked Questions
What is the total investment for a Mini Metro EV franchise?
What training does Mini Metro EV provide?
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