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EKA - About the company

EKA is a series A company based in Pune (India), founded in 2019 by Sudhir Mehta. It operates as a Manufacturer of electric buses trucks and small commercial transport vehicles. EKA has raised $179M in funding from investors like Mitsui, Enam Holdings and NIIF, with a current valuation of ₹*****. The company has 186 active competitors, including 18 funded and 4 that have exited. Its top competitors include companies like PMI Electro Mobility, Qucev and Blue Energy Motors.

Company Details

Manufacturer of electric buses trucks and small commercial transport vehicles. It develops and produces electric buses, trucks, and other commercial vehicles, integrating advanced powertrain and battery technologies to support the transition to zero‑emission fleet solutions. The company focuses on delivering scalable electric mobility platforms for public transit, logistics, and last‑mile delivery operators.
Social
XFacebook
Email ID
*****@ekamobility.com
Phone Number
+91 **********
Part Of
Registered Address
Office No.G 101,Sai Radhe Complex,Behind Hotel Sheraton Grand, Kennedy Road,Sanga, mwadi, Pune, Pune, Maharashtra, India, 411001
Key Metrics
Founded Year
2019
Location
Pune, India
Stage
Series A
Total Funding
$179M in 4 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Oct 06, 2025
Investors
Ranked
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2026
Employee Count
989 as on Mar 31, 2026
Similar Companies
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EKA's funding and investors

EKA has raised a total funding of $179M over 4 rounds. Its first funding round was on Oct 13, 2023. Its latest funding round was a Series A round on Oct 06, 2025 for $*****. 2 investors participated in its latest round. EKA has 7 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of EKA:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 06, 2025
7234267
Series A
1775920
8449476
8921088
6571601
Apr 30, 2025
4173710
Seed
1693384
2213612
7573595
5715766
Jun 20, 2024
5137974
Seed
2230558
8658314
9628093
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EKA's founders and board of directors

Founder? Claim Profile
The founders of EKA is Sudhir Mehta.
Here are the details of EKA's key team members:

EKA's Board of Directors

EKA's board has 9 active members. Hiroshi Takeuchi, Gordon Gerald D'souza, Roelof Zweep Jan Michael Ferdinand, Sudhir Mehta, Hirdesh Singh Thakur and Sanjay Kumar Bohra are part of team and Muthuswami Lakshminarayan, Sunanda Sudhir Mehta and Rashmi Urdhwareshe are independent board members.
Here is the list of EKA's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
5y 4m
nszsetc
Team
-
Past
9y 9m
Investor
-
Current
2y 7m
Investor
-
Current
0y 11m
ybwe{iy
Investor
xjfmwj{
Current
9y 7m
lanzlle
Investor
-
Past
6y 3m
Independent board member
-
Current
4y 0m
sozmzdi
Independent board member
-
Current
3y 8m
ycnopgi
Independent board member
-
Current
7y 5m

EKA's employee count trend

EKA has 989 employees as of Mar 26. The total employee count is 78.0% more than what it was in Mar 25. Here is EKA's employee count trend over the years:
Employee count trend for EKA
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EKA's Competitors and alternates

Top competitors of EKA include PMI Electro Mobility, Qucev and Blue Energy Motors. Here is the list of Top 10 competitors of EKA, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for EKA
EKA
2019, Pune (India), Series A
Manufacturer of electric buses trucks and small commercial transport vehicles
$179M
75/100
2nd
Logo for PMI Electro Mobility
PMI Electro Mobility
2017, Gurugram (India), Series C
Manufacturer of electric buses for public transportation and school use
$89.2M
65/100
3rd
Logo for Qucev
Qucev
2022, Hyderabad (India), Series B
Platform offering electric commercial vehicles
$19.1M
62/100
4th
Logo for Blue Energy Motors
Blue Energy Motors
2020, Pune (India), Series A
Manufacturer of electric and LNG-powered heavy-duty trucks featuring swappable battery technology
$50M
62/100
5th
Logo for Mercury EV
Mercury EV
1986, Vadodara (India), Public
Provider of electric vehicle solutions
-
-
60/100
6th
Logo for Omega Seiki Mobility
Omega Seiki Mobility
2018, Delhi (India), Series A
Manufacturer of electric three wheelers and two wheeler transport vehicles
$14.3M
58/100
7th
Logo for IPLTech Electric
IPLTech Electric
2018, Gurugram (India), Acquired
Developer of electric trucks
$1.84M
56/100
8th
Logo for Olectra
Olectra
2000, Hyderabad (India), Public
Manufacturer of electric buses and high tension electrical power insulators
-
54/100
9th
Logo for Kinetic Green
Kinetic Green
2010, Pune (India), Series A
Manufacturer of electric scooters, three-wheelers, and golf carts for transportation
$25.5M
52/100
10th
Logo for Infraprime Logistics Technologies
Infraprime Logistics Technologies
2017, Gurugram (India), Series B
Electric heavy-duty commercial goods carrier solutions for the logistics industry
$5.62M
51/100
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EKA's Latest cap tables and shareholding

Founders own 22.21%, Funds own 13.96%, Parent Entities (largest shareholder) own 33.25% and Enterprises own 28.98%. The net worth of EKA's founders is INR 1,850Cr as of Oct 06, 2025. The cap table displayed below is for PINNACLE MOBILITY SOLUTIONS PRIVATE LIMITED which is the legal entity associated with EKA.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
22.21%
1,850Cr
4484450
2514350
3844826
9355500
9859426
2514289
5401115
9072839
7152494
1083893
Fund
13.96%
1,160Cr
4140798
7182309
7980488
3424646
3103192
6044330
8585723
3050138
8317760
6126511
29454
89845
92025
13781
41994
50239
Parent Entity
33.25%
2,770Cr
7997773
6120618
4344207
2991618
Enterprise
28.98%
2,420Cr
6156445
2188407
8833186
2713782
Angel
0.05%
4.3Cr
0
0
0
0
Other People
0.00%
4.44L
0
0
0
0
ESOP Pool
1.54%
129Cr
2
8
2
6
Total
100.00%
8,340Cr
5616324
6960698
4895786
6470318
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
Gain deeper insights into
shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

EKA's Investments and acquisitions

EKA has made no investments or acquisitions yet.

Reports related to EKA

Here is the latest report on EKA's sector:

News related to EKA

lockFilter this list
Media has covered EKA for a total of 6 events in the last 1 year, 5 of them have been about company updates and 1 about partnerships.
•
EKA Mobility Reports Fivefold Sales Growth in FY 2025–26Autocar Professional•Apr 01, 2026•EKA
•
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