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Greaves Electric Mobility - About the company

Greaves Electric Mobility is a series B company based in Bengaluru (India), founded in 2008. It operates as a Manufacturer of electric two-wheelers, three-wheelers, and rickshaws for transportation. Greaves Electric Mobility has raised $226M in funding from investors like Pratithi Investments, Axon Partners Group and Abdul Latif Jameel, with a current valuation of $*****. The company has 281 active competitors, including 28 funded and 7 that have exited. Its top competitors include companies like 3evi, TI Clean Mobility and Vok Bikes.

Company Details

Manufacturer of electric two-wheelers, three-wheelers, and rickshaws for transportation. The company focuses on providing affordable and sustainable mobility solutions. It offers electric scooters and clean technology last-mile solutions across passenger and commercial segments. The company aims to enable individuals with smarter and cleaner transportation options.
Email ID
*****@greaveselectricmobility.com
Phone Number
+91 **********
Part Of
Registered Address
J-2, MIDC Industrial Area, Chikalthana, Aurangabad, Aurangabad, Maharashtra, India, 431210
Key Metrics
Founded Year
2008
Location
Bengaluru, India
Stage
Series B
Total Funding
$226M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on May 18, 2016
Ranked
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
1,551 as on Feb 28, 2025
Investment & Acquisitions
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Greaves Electric Mobility's funding and investors

Greaves Electric Mobility has raised a total funding of $226M over 6 rounds. Its first funding round was on Aug 03, 2013. Its latest funding round was a Angel round on Jan 09, 2023 for $*****. 1 investor participated in its latest round. Greaves Electric Mobility has 10 institutional investors and 23 angel investors.

Here is the list of recent funding rounds of Greaves Electric Mobility:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 09, 2023
4348276
Angel
8182060
4947527
8320217
1783765
Jun 23, 2022
1692878
Series B
3266326
5492609
9948552
7671425
Sep 21, 2017
1014021
Series A
4086247
5398839
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Greaves Electric Mobility's founders and board of directors

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Greaves Electric Mobility's Board of Directors

Greaves Electric Mobility's board has 7 active members. Nagesh Basavanhalli is part of team and Mangalath Sukumarapanicker Unnikrishnan, Raja Venkataraman, Firdose Vandrevala, Sree Kirat Patel, Ravi Moti Kirpalani and Arup Basu are independent board members.
Here is the list of Greaves Electric Mobility's board of directors:
Name
Type
Representing
Status
Duration
mzeiyqf
Team
-
Past
5y 7m
Independent board member
-
Current
2y 2m
hai{vyh
Independent board member
-
Current
6y 7m
ddprjxm
Independent board member
-
Current
9y 7m
xjawovf
Independent board member
-
Current
6y 2m
bjwngxn
Independent board member
-
Past
9y 9m
mw{djsm
Independent board member
-
Past
3y 5m
dgbnlwa
Independent board member
-
Past
4y 6m
vtze{vs
Independent board member
-
Past
5y 1m
y{caqbw
Independent board member
-
Past
1y 5m

Greaves Electric Mobility's employee count trend

Greaves Electric Mobility has 1,551 employees as of Feb 25. Here is Greaves Electric Mobility's employee count trend over the years:
Employee count trend for Greaves Electric Mobility
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Greaves Electric Mobility's Competitors and alternates

Top competitors of Greaves Electric Mobility include 3evi, TI Clean Mobility and Vok Bikes. Here is the list of Top 10 competitors of Greaves Electric Mobility, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for 3evi
3evi
2019, Bengaluru (India), Series A
Developer of software facilitating data analysis and workflow automation processes
$32.1M
72/100
2nd
Logo for Greaves Electric Mobility
Greaves Electric Mobility
2008, Bengaluru (India), Series B
Manufacturer of electric two-wheelers, three-wheelers, and rickshaws for transportation
$226M
69/100
3rd
Logo for TI Clean Mobility
TI Clean Mobility
2022, Chennai (India), Series D
Provider of solutions for electric vehicle charging and energy management
$519M
57/100
4th
Logo for Vok Bikes
Vok Bikes
2019, Tallinn (Estonia), Series A
Retailer of electric bikes and related accessories for personal transport
$11.1M
56/100
5th
Logo for Clean Motion
Clean Motion
2010, Lerum (Sweden), Public
Manufacturer platform focusing on commercial and light vehicles
-
53/100
6th
Logo for Omega Seiki Mobility
Omega Seiki Mobility
2018, Delhi (India), Seed
Manufacturer of electric three-wheelers and electric two-wheelers for cargo and passengers
$3M
53/100
7th
Logo for Altigreen
Altigreen
2013, Bengaluru (India), Series A
Manufacturer of electric three-wheel vehicles for cargo and passenger transport
$48.9M
52/100
8th
Logo for Deltic Autocorp
Deltic Autocorp
2016, Delhi (India), Public
Manufacturer of electric scooters, electric rickshaws, electric loaders, and electric garbage vehicles
-
-
51/100
9th
Logo for Montra Electric
Montra Electric
2020, Chennai (India), Seed
Manufacturers of electric three-wheeler
-
51/100
10th
Logo for Lohia Auto
Lohia Auto
2008, Noida (India), Unfunded
Manufacturer of electric two-wheelers, three-wheelers, and diesel three-wheelers
-
-
47/100
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Greaves Electric Mobility's Investments and acquisitions

Greaves Electric Mobility has a total of 1 investment in Teja Vehicles. Greaves Electric Mobility has not made any acquisitions as of now.

Reports related to Greaves Electric Mobility

Here is the latest report on Greaves Electric Mobility's sector:

News related to Greaves Electric Mobility

lockFilter this list
Media has covered Greaves Electric Mobility for a total of 8 events in the last 1 year, 5 of them have been about company updates and 1 about partnerships.
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