When was Atul Greentech founded?

Atul Greentech was founded in 2020 and raised its 1st funding round 4 years after it was founded.

Where is Atul Greentech located?

Atul Greentech is headquartered in Ahmedabad, India. It is registered at C/O. ATUL AUTO LIMITED, S.N.86, PLOT 1-4 8B NATIONAL HIGHWAY, NR MICROWAVE TOWER, Rajkot, SHAPAR (VERAVAL), Gujarat, India, 360024.

Who is the current CEO of Atul Greentech?

Gurbeer Singh of Atul Greentech.

Which legal entities is Atul Greentech associated with?

Atul Greentech is associated with ATUL GREENTECH PRIVATE LIMITED.

How many employees does Atul Greentech have?

As of Jan 31, 2025, Atul Greentech has 73 employees, reflecting a 49% year-over-year growth in headcount.

Is Atul Greentech a funded company?

Atul Greentech is a funded company, having raised a total of $***** in its 1st and only funding round, a Post IPO round on May 03, 2024.

When was the latest funding round of Atul Greentech?

Atul Greentech's latest funding was a $***** Post IPO round on May 03, 2024, with participation from 2 investors. Its primary sector is Electric Vehicles. In India, the Electric Vehicles sector has seen $1.47B in funding in 2026 to date.

What is the annual revenue of Atul Greentech?

Annual revenue of Atul Greentech is between ₹50 Cr and ₹100 Cr as on Mar 31, 2025

Where does Atul Greentech rank among its competitors?

Atul Greentech ranks 5th amongst 154 active competitors, of which 8 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was 3evi, which secured $13.5M in Sep, 2025.

Who are the top competitors of Atul Greentech?

Atul Greentech's top competitors include 3evi, TI Clean Mobility and Montra Electric. Among them, 3evi secured the most recent funding round in September, 2025.

Atul Greentech - 2026 Company Profile, Team, Funding, Competitors & Financials

Atul Greentech is a late stage company based in Ahmedabad (India), founded in 2020. It operates as a Manufacturer of electric rickshaws. Atul Greentech has raised an undisclosed amount in funding. The company has 154 active competitors, including 8 funded and 3 that have exited. Its top competitors include companies like 3evi, TI Clean Mobility and Montra Electric.

Company Details

Manufacturer of electric rickshaws. The company develops vehicles with features that includes lithium-ion batteries, LCD display, and more.

Website: atulgreentech.co.in
Email ID: *****@atulgreentech.co.in
Phone Number: +1 **********
Registered Address: C/O. ATUL AUTO LIMITED, S.N.86, PLOT 1-4 8B NATIONAL HIGHWAY, NR MICROWAVE TOWER, Rajkot, SHAPAR (VERAVAL), Gujarat, India, 360024

Key Metrics

Founded Year

2020

Location

Ahmedabad, India

Stage

Late Stage

Latest Funding Round

Post IPO, May 03, 2024, $*****

Investors

Vijay Kedia & 1 more

Ranked

5^th among 154 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Employee Count

73 as on Jan 31, 2025

Similar Companies

3evi & 236 more

View Atul Greentech's full profile

Atul Greentech is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
ATUL GREENTECH PRIVATE LIMITED CIN: U31909GJ2020PTC112350 , India, Active	Jan 28, 2020	₹50 - ₹100 Cr (As on Mar 31, 2025)	73 (As on Jan 31, 2025)

Atul Greentech has raised funding over 1 round. Its latest funding round was a Post IPO round on May 03, 2024 for $*****. 2 investors participated in its latest round. Atul Greentech has 1 institutional investor and 1 angel investor.

Here is the list of recent funding rounds of Atul Greentech:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 03, 2024	1087473	Post IPO	6083463	9282828	2975992	7019981

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View details of Atul Greentech's funding rounds and investors

Here are the details of Atul Greentech's key team members:

Gurbeer Singh: CEO of Atul Greentech.

Atul Greentech's Board of Directors

Atul Greentech's board has 4 active members. Vijay Kedia, Divya Maheshbhai Chandra, Jitendra Vallabhdas Adhia and Hiren Vasantbhai Patel are part of team.

Here is the list of Atul Greentech's board of directors:

Name	Type	Representing	Status	Duration
twvfjzv	Team	-	Current	1y 5m
zufh{wd	Team	-	Current	7y 3m
ekjqwek	Team	-	Current	6y 9m
Vijay Kedia	Investor	-	Current	3y 7m

View details of Atul Greentech's Founder profiles and Board Members

Atul Greentech's employee count trend

Atul Greentech has 73 employees as of Jan 25. The total employee count is 49.0% more than what it was in Jan 24. Here is Atul Greentech's employee count trend over the years:

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Top competitors of Atul Greentech include 3evi, TI Clean Mobility and Montra Electric. Here is the list of Top 10 competitors of Atul Greentech, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	3evi 2019, Bengaluru (India), Series A	Developer of software facilitating data analysis and workflow automation processes	$32.2M	Mahanagar Gas, Bhishma Realty Ltd. & 51 others	72/100
2nd	TI Clean Mobility 2022, Chennai (India), Series D	Provider of solutions for electric vehicle charging and energy management	$519M	Multiples Alternate Asset Management, SBI ... & 1 others	56/100
3rd	Montra Electric 2020, Chennai (India), Seed	Manufacturers of electric three-wheeler	-	South Asia, Multiples Alternate Asset Management	54/100
4th	Clean Motion 2010, Lerum (Sweden), Public	Manufacturer platform focusing on commercial and light vehicles	-	Finvolve, India Accelerator	53/100
5th	Atul Greentech 2020, Ahmedabad (India), Late Stage	Manufacturer of electric rickshaws	-	Nav Capital & 1 others	45/100
6th	Shine Metal Udyog 1997, Faridabad (India), Unfunded	Manufacturer of multi-category commercial electric vehicles and engineering services	-	-	45/100
7th	Savë 2016, Ahmedabad (India), Seed	Manufacturer of electric rickshaws	-	-	42/100
8th	Saera Electric Auto 2011, Delhi (India), Unfunded	Manufacturer of electric auto rickshaws and scooters	-	-	41/100
9th	Indo Wagen 2013, Kolkata (India), Unfunded	Manufacturer of electric commercial tricycles	-	-	41/100
10th	Zero21 2017, Hyderabad (India), Seed	Retailer of new and used vehicles, parts, and service options	$339K	Leaders For India Organization & 2 others	39/100