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 166 active competitors, of which 15 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Qucev, which secured $15M in Dec, 2025.

Who are the top competitors of EKA?

EKA's top competitors include Infraprime Logistics Technologies, PMI Electro Mobility and Kinetic Green. Among them, Qucev secured the most recent funding round in December, 2025.

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

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 166 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

989 as on Mar 31, 2026

Similar Companies

Mullen Technologies & 100 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	$10M - $50M (As on Mar 31, 2025)	989 (As on Mar 31, 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 6 institutional investors and 2 angel investors.

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	5892461	Series A	9516139	9464540	2001832	9585682
Apr 30, 2025	9927232	Seed	7933550	3844707	5605840	3950828
Jun 20, 2024	2552379	Seed	7763488	2159384	Mitsui	4181556

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View details of EKA's funding rounds and investors

The founders of EKA are Sudhir Mehta and Sudhir Mehta.

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

Sudhir Mehta: Founder & Chairman of EKA and founder of 2 other companies, Pinnacle Industries and AIC-Pinnacle. They are also an angel investor in 20 startups.
Contact Info: 2 email addresses and 1 phone number
Sudhir Mehta: Founder & Chairman of EKA and founder of 1 other company.

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 Infraprime Logistics Technologies, PMI Electro Mobility and Kinetic Green. 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	Mitsui, Enam Holdings & 6 others	72/100
2nd	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	66/100
3rd	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	65/100
4th	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	64/100
5th	Olectra 2000, Hyderabad (India), Public	Developer of electric bus	-	KPitalism	63/100
6th	Qucev 2022, Hyderabad (India), Series B	Platform offering electric commercial vehicles	$19.1M	Singularity AMC, Barclays & 8 others	62/100
7th	Mercury EV 1986, Vadodara (India), Public	Provider of electric vehicle solutions	-	-	57/100
8th	IPLTech Electric 2018, Faridabad (India), Acquired	Developer of electric trucks	$1.84M	Rabab Publications, Leo Capital & 33 others	56/100
9th	Erisha E Mobility 2022, Delhi (India), Series D	Manufacturer of electric two, three-wheelers, cargo vehicles, buses, and charging solutions	$1B	-	54/100
10th	Blue Energy Motors 2020, Pune (India), Series A	Platform offering heavy duty trucks	$50M	FPT Industrial, Omnitex Industries & 2 others	53/100

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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	9261621	2311345	5012277	8363730
Sudhir Mehta	5210340	9743995	1936289	1524238	5831785	8445254
Fund	13.96%	1,160Cr	5299417	6471127	4722042	7352373
NIIF	4894796	9152467	3185451	1484930	1753238	5720254
Enam Holdings	34967	64959	54433	95238	38399	69418
Parent Entity	33.25%	2,770Cr	8288595	2277048	9207202	3639439
Enterprise	28.98%	2,420Cr	7980271	2407568	1914802	2678558
Angel	0.05%	4.3Cr	0	0	0	0
Other People	0.00%	4.44L	0	0	0	0
ESOP Pool	1.54%	129Cr	3	8	3	7
Total	100.00%	8,340Cr	5168444	1824108	4248785	9839660