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EV Motors India - About the company

EV Motors India is a seed company based in Delhi (India), founded in 2016 by Pavan Kumar Gupta and Rachin Sapra. It operates as a Developer of electric vehicle charging infrastructure. EV Motors India has raised $2.07M in funding from AECI, with a current valuation of *****. The company has 215 active competitors, including 34 funded and 4 that have exited. Its top competitors include companies like Battery Smart, Statiq and SUN Mobility.

Company Details

Developer of electric vehicle charging infrastructure. It aims to set up an electric vehicle charging infrastructure along with manufacturing Lithium-Ion batteries. It has developed an integrated scalable solution that is being adopted by various last-mile delivery operators including food, e-commerce and courier delivery companies.
Email ID
*****@ev-motors.com
Phone Number
+91 **********
Registered Address
Madras Boarding E-5, 1st Floor, Connaught Place, Central Delhi, New Delhi, Delhi, India, 110001
Key Metrics
Founded Year
2016
Location
Delhi, India
Stage
Seed
Total Funding
$2.07M in 4 rounds
Latest Funding Round
Post Money Valuation
***** as on May 19, 2021
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2024
Employee Count
10 - 49 as on Mar 01, 2026
Similar Companies
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EV Motors India's funding and investors

EV Motors India has raised a total funding of $2.07M over 4 rounds. Its first funding round was on Sep 01, 2017. Its latest funding round was a Angel round on May 19, 2021 for $*****. 2 investors participated in its latest round. EV Motors India has 2 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of EV Motors India:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 19, 2021
3944227
Angel
8392342
9796023
1615786
1632084
Apr 18, 2020
8167683
Seed
2084643
4465755
5298918
Sep 18, 2018
9145161
Angel
8276551
5532717
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EV Motors India's founders and board of directors

Founder? Claim Profile
The founders of EV Motors India are Pavan Kumar Gupta and Rachin Sapra.
Here are the details of EV Motors India's key team members:

EV Motors India's Board of Directors

EV Motors India's board has 3 active members. Avinash Gandhi, Vinit Bansal and Jay Ganatra are part of team.
Here is the list of EV Motors India's board of directors:
Name
Type
Representing
Status
Duration
utuzn{s
Team
-
Past
4y 4m
qvbqbgz
Team
-
Past
3y 6m
daeytjq
Investor
-
Past
7y 2m
r{xbvim
Investor
-
Past
8y 5m
afieiur
Investor
-
Past
1y 3m
nevkbjw
Investor
-
Past
3y 4m
axstpfm
Independent board member
-
Past
2y 8m
nosqezr
Independent board member
-
Past
5y 6m

EV Motors India's employee count trend

EV Motors India has 10 - 49 employees as of Mar 26. Here is EV Motors India's employee count trend over the years:
Employee count trend for EV Motors India
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EV Motors India's Competitors and alternates

Top competitors of EV Motors India include Battery Smart, Statiq and SUN Mobility. Here is the list of Top 10 competitors of EV Motors India, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Battery Smart
Battery Smart
2019, Delhi (India), Series B
Network providing battery swapping services for electric two three wheelers
$157M
75/100
2nd
Logo for Statiq
Statiq
2020, Gurugram (India), Series A
Manufacturer of electric vehicle charging hardware and operator of networks
$45.5M
74/100
3rd
Logo for SUN Mobility
SUN Mobility
2017, Bengaluru (India), Series B
Provider of universal energy infrastructure for mass electric vehicle usage
$135M
71/100
4th
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
5th
Logo for Mooving
Mooving
2020, Gurugram (India), Seed
Network providing battery swapping and leasing for electric vehicle fleets
$15M
-
64/100
6th
Logo for ChargeZone
ChargeZone
2018, Vadodara (India), Series A
Operator of electric vehicle charging stations and related software services
$97.8M
61/100
7th
Logo for Zeno
Zeno
2022, Bengaluru (India), Seed
Provider of high-performance electric mobility solutions
$9.55M
60/100
8th
Logo for Exicom
Exicom
1994, Gurugram (India), Public
Provider of electric vehicle charging solutions and critical power infrastructure
-
-
57/100
9th
Logo for TruePower
TruePower
2018, Bengaluru (India), Unfunded
Provider of electric vehicle charging hardware and software solutions
-
-
53/100
10th
Logo for Battwheelz
Battwheelz
2019, Gurugram (India), Seed
Provider of EV charging solutions powered by renewable energy
$334K
53/100
24th
Logo for EV Motors India
EV Motors India
2016, Delhi (India), Seed
Developer of electric vehicle charging infrastructure
$2.07M
43/100
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EV Motors India's Latest cap tables and shareholding

Founders own 24.22%, Parent Entities (largest shareholder) own 42.62%, Enterprises own 2.16% and Angels own 20.34%. The net worth of EV Motors India's founders is INR 21.4Cr as of May 19, 2021.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
24.22%
21.4Cr
6131298
7777304
4484767
3731048
Parent Entity
42.62%
37.7Cr
2961708
4921216
7217140
2652356
Enterprise
2.16%
1.91Cr
15
76
93
79
Angel
20.34%
18Cr
8870551
6968283
2730369
2495837
189332
263894
496490
348100
548319
548953
18578
81025
45913
17554
87104
39876
0
0
0
0
0
0
0
0
0
0
0
0
Other People
10.66%
9.44Cr
9545703
1817324
9857077
4342778
Total
100.00%
88.6Cr
4077285
7034837
8242989
4313924
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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 EV Motors India's Shareholding

EV Motors India's Investments and acquisitions

EV Motors India has made no investments or acquisitions yet.

Reports related to EV Motors India

Here is the latest report on EV Motors India's sector:

News related to EV Motors India

lockFilter this list
Media has covered EV Motors India for 1 event in last 1 year, It was about company updates.
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FAQs about EV Motors India

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