When was EKA founded?

EKA was founded in 2019 and raised its 1st funding round 4 years after it was founded.

Where is EKA located?

EKA is headquartered in Pune, India. It is registered at Office No.G 101,Sai Radhe Complex,Behind Hotel Sheraton Grand, Kennedy Road,Sanga, mwadi, Pune, Pune, Maharashtra, India, 411001.

Which legal entities is EKA associated with?

EKA is associated with PINNACLE MOBILITY SOLUTIONS PRIVATE LIMITED.

How many employees does EKA have?

As of Mar 31, 2026, the latest employee count at EKA is 989.

Is EKA a funded company?

EKA is a funded company, having raised a total of $179M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 13, 2023.

How much is EKA worth?

The latest valuation of EKA is ₹***** as of Oct 06, 2025.

When was the latest funding round of EKA?

EKA's latest funding was a $***** Series A round on Oct 06, 2025, with participation from 2 investors.

What is the annual revenue of EKA?

Annual revenue of EKA is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does EKA rank among its competitors?

EKA ranks 1st amongst 172 active competitors, of which 15 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was EKA, which secured $57M in Oct, 2025.

Who are the top competitors of EKA?

EKA's top competitors include PMI Electro Mobility, Olectra and Qucev. Among them, EKA secured the most recent funding round in October, 2025.

EKA - 2026 Company Profile, Team, Funding, Competitors & Financials

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 172 active competitors, including 15 funded and 4 that have exited. Its top competitors include companies like PMI Electro Mobility, Olectra and Qucev.

Company Details

Manufacturer of electric buses trucks and small commercial transport vehicles. These vehicles utilize battery power for urban and long-distance logistics and public transit applications. The product line includes various configurations for cargo delivery and passenger transport. The design incorporates modular architecture and software systems for fleet management and vehicle performance monitoring. Components include electric powertrains and control modules designed for commercial use.

Website: ekamobility.com
Social
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

Series A, Oct 06, 2025, $*****

Post Money Valuation

₹***** as on Oct 06, 2025

Investors

Mitsui & 7 more

Ranked

1^st among 172 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

989 as on Mar 31, 2026

Similar Companies

Mullen Technologies & 107 more

View EKA's full profile

EKA is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PINNACLE MOBILITY SOLUTIONS PRIVATE LIMITED CIN: U34100PN2019PTC196186 , India, Active	Jul 02, 2019	₹100 - ₹500 Cr (As on Mar 31, 2025)	998 (As on May 01, 2026)

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:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 06, 2025	2427463	Series A	3539676	6987228	2304635	9274897
Apr 30, 2025	8022007	Seed	8112319	9978454	4154194	4612881
Jun 20, 2024	4513134	Seed	4030367	2665566	Mitsui	1609829

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View details of EKA's funding rounds and investors

The founders of EKA is Sudhir Mehta.

Here are the details of EKA's key team members:

Sudhir Mehta: Founder & Managing Director & Chairman of EKA and founder of 2 other companies, Pinnacle Industries and AIC-Pinnacle. They are also an angel investor in 19 startups.
Contact Info: 2 email addresses and 1 phone number

EKA's Board of Directors

EKA's board has 9 active members. Gordon Gerald D'souza, Hiroshi Takeuchi, Roelof Zweep Jan Michael Ferdinand, Sudhir Mehta, Sanjay Kumar Bohra and Hirdesh Thakur 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
Sudhir Mehta	Team	-	Current	5y 0m
gsyltht	Team	-	Past	4y 7m
Gordon Gerald D'souza	Investor	-	Current	0y 7m
Hiroshi Takeuchi	Investor	-	Current	2y 3m
fwdbhfp	Investor	mzirwuk	Current	1y 3m
llqkjsi	Investor	-	Past	1y 7m
Muthuswami Lakshminarayan	Independent board member	-	Current	3y 8m
tmbmlcu	Independent board member	-	Current	4y 2m
nazaras	Independent board member	-	Current	8y 6m

View details of EKA's Founder profiles and Board Members

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:

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Top competitors of EKA include PMI Electro Mobility, Olectra and Qucev. 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	EKA 2019, Pune (India), Series A	Manufacturer of electric buses trucks and small commercial transport vehicles	$179M	NIIF, Enam Holdings & 6 others	72/100
2nd	PMI Electro Mobility 2017, Gurugram (India), Series C	Electric bus manufacturer and e-mobility solutions provider focused on designing and producing battery-electric buses for urban and intercity public transport	$89.2M	Authum, Piramal Group & 54 others	66/100
3rd	Olectra 2000, Hyderabad (India), Public	Developer of electric bus	-	KPitalism	64/100
4th	Qucev 2022, Hyderabad (India), Series B	Platform offering electric commercial vehicles	$19.1M	Singularity AMC, Barclays & 12 others	62/100
5th	Infraprime Logistics Technologies 2017, Gurugram (India), Series B	Electric heavy-duty commercial goods carrier solutions for the logistics industry	$5.62M	Rabab Publications, Leo Capital & 24 others	59/100
6th	Mercury EV 1986, Vadodara (India), Public	Provider of electric vehicle solutions	-	-	59/100
7th	IPLTech Electric 2018, Faridabad (India), Acquired	Developer of electric trucks	$1.84M	Rabab Publications, Leo Capital & 33 others	56/100
8th	Kinetic Green 2010, Pune (India), Series A	Manufacturer of electric scooters, three-wheelers, and golf carts for transportation	$25.5M	Duzu, Greater Pacific Capital & 13 others	56/100
9th	SWITCH 1985, Chennai (India), Series B	Developer of multi-category electric commercial vehicles	$18M	Dana	56/100
10th	Blue Energy Motors 2020, Pune (India), Series A	Platform offering heavy duty trucks	$50M	FPT Industrial, Omnitex Industries & 2 others	55/100

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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.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	22.21%	1,850Cr	7945537	7001360	3756572	4247664
Sudhir Mehta	6543117	8563003	1099717	9285874	5891526	9873622
Fund	13.96%	1,160Cr	9506336	2433673	5012525	1510470
NIIF	5002645	5197660	8693474	9155346	9087659	5979001
Enam Holdings	95819	11891	47027	38765	14704	45093
Parent Entity	33.25%	2,770Cr	1187453	7805280	4065387	1452265
Enterprise	28.98%	2,420Cr	6796843	5168851	1699652	9884516
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	2	2	4
Total	100.00%	8,340Cr	5374728	2828005	9638750	3145873