FAE - About the company
FAE is a seed company based in Bengaluru (India), founded in 2016 by Yugraj Shukla and Abhishek Kumar Sinha. It operates as a Provider of electric scooter rentals and business delivery solutions. FAE has raised $663K in funding from Collaaj, with a current valuation of ₹*****. The company has 47 active competitors, including 16 funded and 1 that has exited. Its top competitors include companies like Yulu, Alt Mobility and Zypp Electric.
Company Details
Provider of electric scooter rentals and business delivery solutions. This company offers electric scooter rentals for personal use, emphasizing ease of use and environmental friendliness. Additionally, it provides a fleet of electric vehicles for business deliveries, focusing on streamlining logistics and reducing environmental impact. The company also offers maintenance and roadside assistance for its rental and delivery fleets. A key aspect of the business is the provision of vehicles for short-term rentals with various models available to suit different needs. The company supports its operations with a centralized support system and a nationwide network of mechanics.
- Website
- faebikes.com
- Social
- Email ID
- *****@faebikes.com
- Registered Address
- NO.33/5 CHURCH ROAD , NARAYANA REDDY LAYOUT KONAPPANA AGRAHARA, Bangalore, BANGALORE, Karnataka, India, 560100
Key Metrics
Founded Year
2016
Location
Bengaluru, India
Stage
Seed
Total Funding
$663K in 6 rounds
Latest Funding Round
Post Money Valuation
₹***** as on May 05, 2025
Ranked
17th among 47 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
24 as on May 31, 2026
Legal entities associated with FAE
FAE is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ZEROTOONE TECHNOLOGIES PRIVATE LIMITED CIN: U74999KA2016PTC096445 , India, Active | Sep 14, 2016 | 0 - ₹10 Cr (As on Mar 31, 2025) | 68 (As on Feb 29, 2024) |
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FAE's funding and investors
FAE has raised a total funding of $663K over 6 rounds. Its first funding round was on Aug 2017. FAE has 2 institutional investors and 14 angel investors.
Here is the list of recent funding rounds of FAE:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 04, 2025 | 8680746 | Angel | 9329799 | 6894669 | 8770717 | 7243752 |
Apr 02, 2021 | 6861659 | Angel | 6252351 | 4044837 | 6705119 | |
Jun 13, 2019 | 2329537 | Seed | 4875085 | 2208390 |
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FAE's founders and board of directors
Founder? Claim ProfileHere are the details of FAE's key team members:
- Yugraj Shukla: Former Co-Founder & CEO of FAE and founder of 2 other companies, Charzer and GrihSampada. They serve on the boards of 2 companies.Contact Info: 1 email address and 1 phone number
- Abhishek Kumar Sinha: Former Co-Founder of FAE. They serve on the board of 1 company.Contact Info: 1 phone number
FAE's Board of Directors
FAE's board has 5 active members. Sameer Ranjan Jaiswal, Dheeraj Reddy, Abhishek Kumar Sinha and Nigam Krishna are part of team and Mohan Reddy Bhumi Reddy is independent board member.Here is the list of FAE's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 10m | |
Team | - | Current | 9y 10m | |
Team | - | Current | 5y 7m | |
dodnvxt | Team | - | Past | 3y 2m |
lywxrvc | Team | - | Current | 8y 7m |
Independent board member | - | Current | 5y 3m |
View details of FAE's Founder profiles and Board Members
FAE's employee count trend
FAE has 24 employees as of May 26. Here is FAE's employee count trend over the years:
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FAE's Competitors and alternates
Top competitors of FAE include Yulu, Alt Mobility and Zypp Electric. Here is the list of Top 10 competitors of FAE, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform offering shared electric two-wheeler rentals | $135M | 79/100 | ||
2nd |  Alt Mobility 2020, Delhi (India), Series A | Provider of electric vehicle leasing and lifecycle management solutions | $17.3M | 71/100 | |
3rd |  Zypp Electric 2017, Gurugram (India), Series C | Platform offering electric vehicle rentals and last mile delivery services | $76.5M | 70/100 | |
4th | Provider of EV asset management, leasing, and financing solutions | $11.5M | 65/100 | ||
5th | Manufacturer of electric two- and three-wheeled vehicles for various applications | $7.28M | 64/100 | ||
6th |  Hala Mobility 2020, Hyderabad (India), Series A | Provider of electric vehicle subscription leasing and financing service options | $12.5M | 62/100 | |
7th | Electric mobility solutions for logistics companies | $15.3M | 61/100 | ||
8th | Provider of electric vehicle fleet rentals, charging, and management solutions | $3.04M | 53/100 | ||
9th |  FYN Mobility 2013, Chennai (India), Seed | Provider of electric vehicle logistics and fleet management technology services | $7.53M | 51/100 | |
10th | Online platform for electric vehicles financing | $194K | 50/100 | ||
17th | Provider of electric scooter rentals and business delivery solutions | $663K | 41/100 |
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FAE's Latest cap tables and shareholding
Founders (largest shareholder) own 72.15%, Enterprises own 1.39%, Angels own 23.88% and Other People own 2.56%. The net worth of FAE's founders is INR 29.9Cr as of May 05, 2025.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 72.15% | 29.9Cr | 7129937 | 8374403 | 6012615 | 9532636 |
Enterprise | 1.39% | 57.8L | 5 | 4 | 2 | 1 |
Angel | 23.88% | 9.91Cr | 2322363 | 8705611 | 1876171 | 8134594 |
19740 | 60549 | 69020 | 35647 | 29368 | 64683 | |
6617 | 8472 | 8769 | 6175 | 9153 | 1527 | |
594 | 312 | 919 | 181 | 312 | 365 | |
8 | 5 | 8 | 4 | 5 | 7 | |
1 | 7 | 4 | 3 | 1 | 8 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Other People | 2.56% | 1.06Cr | 14 | 31 | 62 | 23 |
Total | 99.98% | 41.5Cr | 3119125 | 4685915 | 9508164 | 4133766 |
To unlock detailed Cap Table of FAE Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of FAE's Shareholding
FAE's Investments and acquisitions
FAE has made no investments or acquisitions yet.
Reports related to FAE
Here is the latest report on FAE's sector:
News related to FAE
•
Jitendra New EV inks pact with FAE Bikes to supply 12K e-scootersBusiness Standard•Aug 03, 2022•Jitendra New EV Tech, FAE
•
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