When was Ampere Vehicles founded?

Ampere Vehicles was founded in 2008 and raised its 1st funding round 5 years after it was founded.

Where is Ampere Vehicles located?

Ampere Vehicles is headquartered in Ranipet, India. It is registered at J-2, MIDC Industrial Area, Chikalthana, Aurangabad, Aurangabad, Maharashtra, India, 431210.

Which legal entities is Ampere Vehicles associated with?

Ampere Vehicles is associated with Greaves Electric Mobility Limited and 1 other.

How many employees does Ampere Vehicles have?

As of May 31, 2025, the latest employee count at Ampere Vehicles is 834.

Is Ampere Vehicles a funded company?

Ampere Vehicles is a funded company, having raised a total of $3.64M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 2013.

How much is Ampere Vehicles worth?

The last known valuation of Ampere Vehicles was $***** as of Jun 23, 2022.

When was the latest funding round of Ampere Vehicles?

Ampere Vehicles' latest funding was a $***** Angel round on Apr 2016, with participation from 1 investor. Its primary sector is Electric Vehicles. In India, the Electric Vehicles sector has seen $1.01B in funding in 2026 to date.

What is the annual revenue of Ampere Vehicles?

Annual revenue of Ampere Vehicles is between ₹500 Cr and ₹1,000 Cr as on Mar 31, 2025

Where does Ampere Vehicles rank among its competitors?

Ampere Vehicles ranks 25th amongst 527 active competitors, of which 58 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was BGauss, which secured $11.6M in Aug, 2026.

Who are the top competitors of Ampere Vehicles?

Ampere Vehicles' top competitors include Ather Energy, Gogoro and Oben Electric. Among them, BGauss secured the most recent funding round in August, 2026.

Ampere Vehicles - 2026 Company Profile, Team, Funding, Competitors & Financials

Ampere Vehicles is an acquired company based in Ranipet (India), founded in 2008. It operates as a Manufacturer of electric scooters and three-wheeled electric cargo vehicles. Ampere Vehicles has raised $3.64M in funding from Forum Synergies and Axon Partners Group, with last known valuation of $*****. The company has 527 active competitors, including 58 funded and 13 that have exited. Its top competitors include companies like Ather Energy, Gogoro and Oben Electric.

Company Details

Manufacturer of electric scooters and three-wheeled electric cargo vehicles. These vehicles cater to personal transportation and commercial delivery needs. The company focuses on designing and producing electric mobility solutions. It provides options for individuals and businesses seeking alternatives.

Website: www.amperevehicles.com
Social
Email ID: *****@greaveselectricmobility.com
Phone Number: +91 **********
Part Of
Registered Address: J-2, MIDC Industrial Area, Chikalthana, Aurangabad, Aurangabad, Maharashtra, India, 431210

Key Metrics

Founded Year

2008

Location

Ranipet, India

Stage

Acquired

Total Funding

$3.64M in 3 rounds

Latest Funding Round

Angel, Apr 2016, $*****

Last Known Valuation

$***** as on Jun 23, 2022

Investors

Forum Synergies & 20 more

Ranked

25^th among 527 active competitors

Annual Revenue

₹500 - ₹1,000 Cr as on Mar 31, 2025

Employee Count

834 as on May 31, 2025

Investment & Acquisitions

MLR Motors & 1 more

Similar Companies

Ather Energy & 667 more

Exit Details

Acquired by Greaves Cotton (Aug 29, 2018)

View Ampere Vehicles' full profile

Ampere Vehicles is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
GREAVES COTTON LIMITED CIN: L99999MH1922PLC000987 , India, Active	Mar 29, 1922	₹1,000+ Cr (As on Mar 31, 2025)	1044 (As on Apr 01, 2026)
Greaves Electric Mobility Limited CIN: U51900TN2008PLC151470 , India, Active	Jun 02, 2008	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	351 (As on May 01, 2026)

Ampere Vehicles got acquired by Greaves Cotton on Aug 29, 2018 at an acquisition amount of $*****.

Click here to take a look at Ampere Vehicles's acquisition in detail

Ampere Vehicles has raised a total funding of $3.64M over 3 rounds. Its first funding round was on 2013. Its latest funding round was a Angel round on Apr 2016 for $*****. 1 investor participated in its latest round. Ampere Vehicles has 5 institutional investors and 16 angel investors.

Here is the list of recent funding rounds of Ampere Vehicles:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 2016	4488397	Angel	2048001	2236616	7130450	9700763
Jul 08, 2015	5355739	Series A	5223166	7002194	8018295	Ratan Naval Tata
2013	6914	Series A	6573	2765	Axon Partners Group & 1 more	5800

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View details of Ampere Vehicles's funding rounds and investors

Here are the details of Ampere Vehicles' key team members:

Michael Ho: CEO of Ampere Vehicles.
Contact Info: 1 email address

Ampere Vehicles' Board of Directors

Ampere Vehicles's board has 5 active members. Mohanan Manikram and Nagesh Basavanhalli are part of team and Roy Kurian, Karan Thapar and Sanjay Kumar Behl are independent board members.

Here is the list of Ampere Vehicles' board of directors:

Name	Type	Representing	Status	Duration
Mohanan Manikram	Team	-	Current	4y 7m
zphawgr	Team	-	Past	7y 8m
Nagesh Basavanhalli	Investor	-	Current	9y 11m
gnwyqda	Investor	-	Past	2y 5m
{byubnm	Investor	{tuczvf	Past	4y 9m
Karan Thapar	Independent board member	-	Current	4y 11m
takfgyk	Independent board member	-	Past	1y 7m
olzep{z	Independent board member	-	Past	4y 9m
xccad{g	Independent board member	-	Past	9y 2m
nmrflsc	Independent board member	-	Past	8y 3m

View details of Ampere Vehicles's Founder profiles and Board Members

Ampere Vehicles' employee count trend

Ampere Vehicles has 834 employees as of May 25. Here is Ampere Vehicles's employee count trend over the years:

Employee count trend for Ampere Vehicles

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Top competitors of Ampere Vehicles include Ather Energy, Gogoro and Oben Electric. Here is the list of Top 10 competitors of Ampere Vehicles, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ather Energy 2013, Bengaluru (India), Public	Manufacturer of smart electric scooters with connected software, charging infrastructure, and ecosystem services	$502M	Hero MotoCorp, NIIF & 40 others	85/100
2nd	Gogoro 2011, Taipei (Taiwan), Public	Platform offering electric scooters and operator of battery swapping networks	$765M	Sumitomo Corporation, Generation Investment Management ... & 15 others	77/100
3rd	Oben Electric 2020, Bengaluru (India), Series A	Platform offering two wheeler motorcycle products	$37.6M	India Ev Angels, Stride Ventures & 87 others	75/100
4th	Ultraviolette 2016, Bengaluru (India), Series E	Manufacturer of electric motorcycles, components, rider safety equipment, and charging infrastructure	$101M	TVS Motor, Qualcomm Ventures & 48 others	74/100
5th	BGauss 2020, Mumbai (India), Series D	Manufacturer of electric scooters designed for urban and developing environments	$42.7M	RR Global, Bharat Value Fund & 18 others	71/100
6th	Simpl Energy 2019, Bengaluru (India), Series B	Manufacturer of electric scooters designed for urban and long-distance travel	$98.9M	Vasavi Green Tech, Srinivas Balajee Enterprise ... & 131 others	67/100
7th	Motovolt 2019, Kolkata (India), Seed	Manufacturer of electric bicycles mopeds and smart battery powered scooters	$1.92M	WAMI Capital, Sivaswamy Holdings & 22 others	66/100
8th	Rideriver 2020, Bengaluru (India), Series C	Manufacturer of electric scooters designed for personal and professional use	$174M	Maniv Mobility, Al-Futtaim & 20 others	65/100
9th	Ola Electric 2017, Bengaluru (India), Public	Manufacturer of electric scooters, motorcycles, and energy storage solutions	$1B	Temasek, SoftBank & 72 others	65/100
10th	Bounce Infinity 2014, Gurugram (India), Series F	Electric scooter brand and mobility company	$226M	Accel, B Capital & 51 others	65/100
25th	Ampere Vehicles 2008, Ranipet (India), Acquired	Manufacturer of electric scooters and three-wheeled electric cargo vehicles	$3.64M	Forum Synergies, Axon Partners Group & 19 others	52/100