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ElectricPe - About the company

ElectricPe is a seed company based in Bengaluru (India), founded in 2021 by Avinash Sharma and Raghav Rohila. It operates as a Retailer of electric scooters providing maintenance and component level support. ElectricPe has raised $11.4M in funding from investors like Blume Venture, Micelio and Green Frontier Capital, with a current valuation of *****. The company has 161 active competitors, including 17 funded and 2 that have exited. Its top competitors include companies like Ev.energy, ChargePoint and Bolt.Earth.

Company Details

Retailer of electric scooters providing maintenance and component level support. These vehicles operate without registration or licensing requirements. The business maintains physical outlets to facilitate vehicle sales and technical repairs. Services include battery, motor, and controller maintenance along with the provision of replacement parts.
Social
XFacebook
Email ID
*****@electricpe.com
Phone Number
+91 **********
Registered Address
1st floor, Hanto Orion, 14th Main Street, Opposite Max, HSR Layout, Bangalore, Bangalore South, Karnataka, India, 560102
Key Metrics
Founded Year
2021
Location
Bengaluru, India
Stage
Seed
Total Funding
$11.4M in 8 rounds
Latest Funding Round
Post Money Valuation
***** as on Oct 05, 2024
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
66 as on Apr 30, 2026
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ElectricPe's funding and investors

ElectricPe has raised a total funding of $11.4M over 8 rounds. Its first funding round was on Jul 07, 2021. Its latest funding round was a Seed round on Jul 30, 2024 for $*****. 5 investors participated in its latest round. ElectricPe has 21 institutional investors and 64 angel investors.

Here is the list of recent funding rounds of ElectricPe:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 30, 2024
4046576
Seed
3430079
9758893
3723394
5335894
2024
1820
Seed
5378
5453
6516
Oct 21, 2022
9408934
Seed
3970586
6312458
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ElectricPe's founders and board of directors

Founder? Claim Profile
The founders of ElectricPe are Avinash Sharma and Raghav Rohila. Avinash Sharma is the CEO of ElectricPe.
Here are the details of ElectricPe's key team members:

ElectricPe's Board of Directors

ElectricPe's board has 2 active members. Avinash Sharma is part of team and Ajay Umakant Patel is independent board member.
Here is the list of ElectricPe's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
5y 2m
pgqhofl
Team
-
Past
2y 7m
loipsqk
Team
-
Past
9y 7m
Independent board member
-
Current
0y 8m

ElectricPe's employee count trend

ElectricPe has 66 employees as of Apr 26. The total employee count is 61.0% lower than what it was in Apr 25. Here is ElectricPe's employee count trend over the years:
Employee count trend for ElectricPe
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ElectricPe's Competitors and alternates

Top competitors of ElectricPe include Ev.energy, ChargePoint and Bolt.Earth. Here is the list of Top 10 competitors of ElectricPe, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ev.energy
Ev.energy
2018, London (United Kingdom), Series B
Developer of software for managing electric vehicle charging grid loads
$46M
74/100
2nd
Logo for ChargePoint
ChargePoint
2007, Campbell (United States), Public
Manufacturer of electric vehicle charging hardware and provider of software
$554M
73/100
3rd
Logo for Bolt.Earth
Bolt.Earth
2017, Bengaluru (India), Series A
Provider of electric vehicle charging hardware, software, and support services
$29.6M
70/100
4th
Logo for Esyasoft
Esyasoft
2014, Dubai (United Arab Emirates), Series A
Developer of digital platforms for utility grid management and electrification
$4.43M
65/100
5th
Logo for Turno
Turno
2021, Bengaluru (India), Series A
Operator of an online electric vehicle marketplace
$29.1M
65/100
6th
Logo for Kazam
Kazam
2020, Bengaluru (India), Series B
Developer of electric vehicle charging hardware and energy management software
$19.7M
61/100
7th
Logo for ElectricPe
ElectricPe
2021, Bengaluru (India), Seed
Retailer of electric scooters providing maintenance and component level support
$11.4M
57/100
8th
Logo for Pulse Energy
Pulse Energy
2020, Mumbai (India), Seed
Platform offering for electric vehicle charger management
$2.81M
56/100
9th
Logo for BikeWo
BikeWo
2016, Hyderabad (India), Public
Retailer of electric bicycles scooters motorcycles and cargo transport vehicles
$438K
52/100
10th
Logo for ElectreeFi
ElectreeFi
2017, Noida (India), Seed
SaaS and IoT-enabled platform offering electric fleet management solutions
-
49/100
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ElectricPe's Latest cap tables and shareholding

Founders own 27.29%, Funds (largest shareholder) own 35.76%, Enterprises own 0.42% and Angels own 8.89%. The net worth of ElectricPe's founders is INR 119Cr as of Oct 05, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
27.29%
119Cr
9466929
6854882
1582819
2663851
1934726
2701446
1719004
4111562
9443914
7944315
Fund
35.76%
157Cr
5445335
2248453
4005252
7664412
8019287
4368359
5928267
6907659
3916654
1781671
1424728
5438912
1122738
1118587
4631797
3254128
15
53
97
38
55
73
Enterprise
0.42%
1.84Cr
0
0
0
0
Angel
8.89%
38.9Cr
4715785
9126947
2323712
9419440
0
0
0
0
0
0
Other People
12.95%
56.7Cr
7116933
7488100
9544634
3016951
ESOP Pool
14.69%
64.3Cr
4567791
8308404
9111533
2982753
Total
100.00%
438Cr
5565487
3323086
4677433
4470317
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of ElectricPe's Shareholding

ElectricPe's Investments and acquisitions

ElectricPe has made no investments or acquisitions yet.

Reports related to ElectricPe

Here is the latest report on ElectricPe's sector:

News related to ElectricPe

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