When was EV91Technologies founded?

EV91Technologies was founded in 2023 and raised its 1st funding round 1 year after it was founded.

Where is EV91Technologies located?

EV91Technologies is headquartered in Bengaluru, India. It is registered at NO16,BINNAMANGALA, II STAGE,INDIRANAGAR, Indiranagar (Bangalore), Bangalore, Bangalore North, Karnataka, India, 560038.

Who is the current CEO of EV91Technologies?

ArunKumar V of EV91Technologies. They have also founded 2 companies.

Which legal entities is EV91Technologies associated with?

EV91Technologies is associated with EV91TECHNOLOGIES PRIVATE LIMITED.

How many employees does EV91Technologies have?

As of Jun 30, 2026, the latest employee count at EV91Technologies is 104.

Is EV91Technologies a funded company?

EV91Technologies is a funded company, having raised a total of $625K across 2 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Nov 05, 2024.

How much is EV91Technologies worth?

The latest valuation of EV91Technologies is ₹***** as of Jan 03, 2025. This marks a decline of 2% from its peak valuation of ₹20.3Cr in Nov, 2024. This marks a decline of 2% from its peak valuation of ₹20.3Cr in Nov, 2024.

When was the latest funding round of EV91Technologies?

EV91Technologies' latest funding was a $***** Seed round on Dec 13, 2024, with participation from 1 investor. Its primary sector is Road Transport Tech. In India, the Road Transport Tech sector has seen $383M in funding in 2026 to date.

What is the annual revenue of EV91Technologies?

Annual revenue of EV91Technologies is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does EV91Technologies rank among its competitors?

EV91Technologies ranks 11th amongst 37 active competitors, of which 13 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Yulu, which secured $63M in Aug, 2026.

Who are the top competitors of EV91Technologies?

EV91Technologies' top competitors include Yulu, Zypp Electric and Alt Mobility. Among them, Yulu secured the most recent funding round in August, 2026.

EV91Technologies - 2026 Company Profile, Team, Funding, Competitors & Financials

EV91Technologies is a seed company based in Bengaluru (India), founded in 2023 by ArunKumar V and Manoj Kumar Mattapally. It operates as an EV aggregator company providing multi-category electric mobility. EV91Technologies has raised $625K in funding from BizdateUp, with a current valuation of ₹*****. The company has 37 active competitors, including 13 that are funded. Its top competitors include companies like Yulu, Zypp Electric and Alt Mobility.

Company Details

EV aggregator company providing multi-category electric mobility. It offers multiple varieties of EV for corporate customers, and B2B fleets for transportation, logistics, delivery and more. It offers leasing options for individuals and businesses, allowing access to EVs without full ownership.

Website: ev91riderz.com
Social
Email ID: *****@ev91riders.com
Phone Number: +91 **********
Registered Address: NO16,BINNAMANGALA, II STAGE,INDIRANAGAR, Indiranagar (Bangalore), Bangalore, Bangalore North, Karnataka, India, 560038

Key Metrics

Founded Year

2023

Location

Bengaluru, India

Stage

Seed

Total Funding

$625K in 2 rounds

Latest Funding Round

Seed, Dec 13, 2024, $*****

Post Money Valuation

₹***** as on Jan 03, 2025

Investors

BizdateUp & 2 more

Ranked

11^th among 37 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

104 as on Jun 30, 2026

Similar Companies

Yulu & 35 more

View EV91Technologies' full profile

EV91Technologies is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
EV91TECHNOLOGIES PRIVATE LIMITED CIN: U46909KA2023PTC175736 , India, Active	Jul 08, 2023	₹10 - ₹50 Cr (As on Mar 31, 2025)	-

EV91Technologies has raised a total funding of $625K over 2 rounds. Its first funding round was on Nov 05, 2024. Its latest funding round was a Seed round on Dec 13, 2024 for $*****. 1 investor participated in its latest round. EV91Technologies has 2 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of EV91Technologies:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 13, 2024	3370785	Seed	9035747	4771052	3616565	6227084
Nov 05, 2024	9611103	Angel	2973083	9979806	Devansh Rajeshkumar Jain	5516483

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View details of EV91Technologies's funding rounds and investors

The founders of EV91Technologies are ArunKumar V and Manoj Kumar Mattapally. ArunKumar V is the CEO of EV91Technologies.

Here are the details of EV91Technologies' key team members:

ArunKumar V: Co-Founder & CEO of EV91Technologies and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address
Manoj Kumar Mattapally: Co-Founder of EV91Technologies. They serve on the board of 1 company.
Contact Info: 1 email address

EV91Technologies' Board of Directors

EV91Technologies's board has 3 active members. ArunKumar V, Manoj Kumar Mattapally and Lalith Kumar are part of team.

Here is the list of EV91Technologies' board of directors:

Name	Type	Representing	Status	Duration
ArunKumar V	Team	-	Current	2y 7m
Manoj Kumar Mattapally	Team	-	Current	3y 3m
Lalith Kumar	Team	-	Current	3y 3m

View details of EV91Technologies's Founder profiles and Board Members

EV91Technologies' employee count trend

EV91Technologies has 104 employees as of Jun 26. Here is EV91Technologies's employee count trend over the years:

Employee count trend for EV91Technologies

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Top competitors of EV91Technologies include Yulu, Zypp Electric and Alt Mobility. Here is the list of Top 10 competitors of EV91Technologies, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Yulu 2017, Bengaluru (India), Series C	Platform offering shared electric two-wheeler rentals	$198M	Bajaj Auto, Magna & 76 others	79/100
2nd	Zypp Electric 2017, Gurugram (India), Series C	Operator of electric vehicle rental services for last mile delivery	$76.5M	Ansh Investment, IAN Group & 174 others	78/100
3rd	Alt Mobility 2020, Delhi (India), Series B	Provider of electric vehicle leasing and lifecycle management solutions	$29.2M	Eurazeo, PitchRight Ventures & 20 others	72/100
4th	Baaz 2019, Delhi (India), Series A	Manufacturer of electric scooters and provider of battery swapping infrastructure	$13.2M	100Unicorns, BIG Capital & 19 others	59/100
5th	Bijliride 2020, Hyderabad (India), Seed	Provider of electric vehicle rental and fleet management solutions	$243K	K C D R Advisory, T-Hub & 8 others	58/100
6th	EVeez 2019, Gurugram (India), Series A	Provider of electric vehicle subscription services for last mile delivery	$6.39M	Michael & Susan Dell Foundation, Ev2 Ventures ... & 63 others	54/100
7th	FYN Mobility 2013, Bengaluru (India), Seed	Provider of electric vehicle logistics and fleet management technology services	$7.53M	SiriusOne, GAIL & 207 others	50/100
8th	Green Drive Mobility 2019, Bengaluru (India), Unfunded	Online electric two-wheeler rental platform for delivery professionals	-	-	46/100
9th	Fullfily 2021, Chennai (India), Seed	Online platform providing electric delivery vehicle rental services	$1.78M	SOSV, She1K & 12 others	45/100
10th	FAE 2016, Bengaluru (India), Seed	Provider of electric scooter rentals and business delivery solutions	$663K	Collaaj, IKP Knowledge Park & 14 others	45/100
11th	EV91Technologies 2023, Bengaluru (India), Seed	EV aggregator company providing multi-category electric mobility	$625K	BizdateUp, Navyug Global & 1 others	44/100

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Founders (largest shareholder) own 73.83%, Angels own 1.48%, Other People own 24.63% and Other Investors own 0.06%. The net worth of EV91Technologies's founders is INR 15Cr as of Nov 05, 2024. The cap table displayed below is for EV91TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with EV91Technologies.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	73.83%	15Cr	6958912	7039700	8404772	9191448
ArunKumar V	6046829	6063113	1080025	4901241	2319243	5209194
Angel	1.48%	30L	6	2	8	6
Devansh Rajeshkumar Jain	3	1	7	4	1	5
Other People	24.63%	5Cr	8987228	7212214	5912866	5030760
Other Investors	0.06%	1.25L	0	0	0	0
Total	100.00%	20.3Cr	8593864	3904520	3382963	5074325