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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 $12.3M in funding from investors like Blume Venture, Micelio and Green Frontier Capital, with a current valuation of ₹*****. The company has 185 active competitors, including 16 funded and 2 that have exited. Its top competitors include companies like ChargePoint, Bolt.Earth and Ev.energy.

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
$12.3M 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 $12.3M 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
5007415
Seed
6584474
9368728
1899049
4341595
2024
3267
Seed
8251
2748
3799
Oct 21, 2022
9434112
Seed
7086284
3118646
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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 4m
gwjyyjv
Team
-
Past
9y 3m
iwqwsyf
Team
-
Past
3y 3m
Independent board member
-
Current
0y 10m

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 ChargePoint, Bolt.Earth and Ev.energy. 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 ChargePoint
ChargePoint
2007, Campbell (United States), Public
Manufacturer of electric vehicle charging hardware and provider of software
$554M
74/100
2nd
Logo for Bolt.Earth
Bolt.Earth
2017, Bengaluru (India), Series A
Provider of electric vehicle charging hardware, software, and support services
$29.6M
72/100
3rd
Logo for Ev.energy
Ev.energy
2018, London (United Kingdom), Series B
Developer of software for managing electric vehicle charging grid loads
$46M
70/100
4th
Logo for Esyasoft
Esyasoft
2014, Dubai (United Arab Emirates), Seed
Developer of digital platforms for utility grid management and electrification
$502K
67/100
5th
Logo for Pulse Energy
Pulse Energy
2020, Mumbai (India), Seed
Platform offering for electric vehicle charger management
$2.81M
61/100
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 Turno
Turno
2021, Bengaluru (India), Unfunded
Operator of an online electric vehicle marketplace
-
-
57/100
8th
Logo for ElectricPe
ElectricPe
2021, Bengaluru (India), Seed
Retailer of electric scooters providing maintenance and component level support
$12.3M
56/100
9th
Logo for ElectreeFi
ElectreeFi
2017, Noida (India), Seed
SaaS and IoT-enabled platform offering electric fleet management solutions
-
49/100
10th
Logo for Numocity
Numocity
2018, Bengaluru (India), Series A
Provider of software for electric vehicle charging and energy management
$2.26M
45/100
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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. The cap table displayed below is for WATTAPP TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with ElectricPe.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
27.29%
119Cr
8980278
4530243
7001329
2651204
2752899
6536954
9652678
6432351
2408329
4527604
Fund
35.76%
157Cr
3929218
2352321
6221668
7204151
6515389
2699951
1178571
9362421
7785872
9107678
2289398
2388429
5521195
3785148
4118458
7071820
56
18
90
16
86
79
Enterprise
0.42%
1.84Cr
0
0
0
0
Angel
8.89%
38.9Cr
4794992
3894220
6452291
6844277
0
0
0
0
0
0
Other People
12.95%
56.7Cr
9259413
3550356
4048826
5260747
ESOP Pool
14.69%
64.3Cr
5022348
2516510
4104467
9840164
Total
100.00%
438Cr
4383821
7458533
2849578
5425483
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
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  • 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

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

lockFilter this list
•
EV charging platform ElectricPe raises debt roundEntrackr•Sep 26, 2022•Micelio, ElectricPe
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