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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
6248443
Seed
5752146
9900035
3813831
7231583
2024
5627
Seed
7015
8823
9653
Oct 21, 2022
2025511
Seed
2460129
3665557
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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
lygybjk
Team
-
Past
4y 8m
mwlzmzu
Team
-
Past
4y 5m
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
3793501
1148729
3309947
3092478
4593071
9390152
1139393
7596640
8418356
3785170
Fund
35.76%
157Cr
3375519
8269983
3708987
7157173
6166915
7292829
7079214
4458147
2356651
5325940
9092399
2810267
3956770
8970754
8899744
9838120
68
45
48
24
22
65
Enterprise
0.42%
1.84Cr
0
0
0
0
Angel
8.89%
38.9Cr
3328347
8174906
2122182
6755029
0
0
0
0
0
0
Other People
12.95%
56.7Cr
4050429
7652341
6505534
4012421
ESOP Pool
14.69%
64.3Cr
6694077
4592087
8435778
3173309
Total
100.00%
438Cr
6377880
4854790
5992238
5847685
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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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FAQs about ElectricPe

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