Established in 2015, 10 Franchise currently
HQ in Bengaluru, Karnataka
ae bikes stands for Fast and Electric Bikes. Fae bikes is India's first automated electric scooter share platform for daily commuting. To put it simply, Fae bikes are ‘pick anywhere, drop anywhere’ electric scooters spread throughout the city. One can pick, ride and drop off a Fae Bike anywhere. We believe shared, electric and personalised mobility is the future of transportation which we bring with Fae Bikes. We establish network of stations through-out the city where Fae bikes will be placed. We have made our scooters keyless and automatic using IoI automation tech. We are currently operational in Bangalore and soon expanding our operations to Delhi.
How to Own FAE BikesConnect with us over BUSINESS OPTIONS and we will guide you through the process.
Product & ServicesWe are currently inviting investors interested in Franchising FAE Bikes and being part of the revolution in last mile connectivity space. We offer a franchise model that allows franchisee to invest per bike (Minimum 5 bikes) into the fastest growing FAE network. FAE Bikes takes care of all other necessities like IoT installation, maintenance, user assistance etc. during the franchise term period. We enable hassle free business partnership and a steady income with minimal involvement from Franchisee.
Franchise SupportLogistics Setup support Marketing and sales support Operational support
Unit Name | Investment | Space | Brand Fee | Staff | Expected Monthly Sales | ROI | Royalty / Commission |
---|---|---|---|---|---|---|---|
Single | ₹20 Lakh to ₹30 Lakh | 100 - 250 Sq Ft | ₹8 Lakh | 2 | ₹3 | 66% | 20% |