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.
- Website
- greaveselectricmobility.com
- Email ID
- *****@greaveselectricmobility.com
- Phone Number
- +91 **********
- 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
Investors
Ranked
2nd among 281 active competitors
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
1,551 as on Feb 28, 2025
Investment & Acquisitions
Legal entities associated with Greaves Electric Mobility
Greaves Electric Mobility is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
GREAVES COTTON LIMITED CIN: L99999MH1922PLC000987 , India, Active | Mar 29, 1922 | ₹1,000+ Cr (As on Mar 31, 2025) | 1044 (As on Apr 01, 2026) | |
Greaves Electric Mobility Limited CIN: U51900TN2008PLC151470 , India, Active | Jun 02, 2008 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 351 (As on May 01, 2026) |
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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:
Filter 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 |
View details of Greaves Electric Mobility's funding rounds and investors
Greaves Electric Mobility's founders and board of directors
Founder? Claim ProfileGreaves 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of software facilitating data analysis and workflow automation processes | $32.1M | 72/100 | ||
2nd | Greaves Electric Mobility 2008, Bengaluru (India), Series B | Manufacturer of electric two-wheelers, three-wheelers, and rickshaws for transportation | $226M | 69/100 | |
3rd | ![]() TI Clean Mobility 2022, Chennai (India), Series D | Provider of solutions for electric vehicle charging and energy management | $519M | 57/100 | |
4th | Retailer of electric bikes and related accessories for personal transport | $11.1M | 56/100 | ||
5th | Clean Motion 2010, Lerum (Sweden), Public | Manufacturer platform focusing on commercial and light vehicles | - | 53/100 | |
6th | Omega Seiki Mobility 2018, Delhi (India), Seed | Manufacturer of electric three-wheelers and electric two-wheelers for cargo and passengers | $3M | 53/100 | |
7th | Manufacturer of electric three-wheel vehicles for cargo and passenger transport | $48.9M | 52/100 | ||
8th | Deltic Autocorp 2016, Delhi (India), Public | Manufacturer of electric scooters, electric rickshaws, electric loaders, and electric garbage vehicles | - | - | 51/100 |
9th | Montra Electric 2020, Chennai (India), Seed | Manufacturers of electric three-wheeler | - | 51/100 | |
10th | Lohia Auto 2008, Noida (India), Unfunded | Manufacturer of electric two-wheelers, three-wheelers, and diesel three-wheelers | - | - | 47/100 |
Looking for more details on Greaves Electric Mobility's competitors? Click here to see the top ones
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
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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Ampere Enters Asia Book of Records for Kolli Hills AscentBusinessnewsthisweek•Feb 06, 2026•Greaves Electric Mobility
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Ampere Magnus G Max Electric Scooter Launched: ₹94,999 Price, 100 km RangeI Am A Biker•Jan 19, 2026•Greaves Electric Mobility
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Ampere posts Rs 659 Cr revenue in FY25; cuts losses by 65%Entrackr•Jan 12, 2026•Greaves Electric Mobility
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GEML partners with Alt Mobility to boost B2B EV fleet operationsManufacturingtodayindia•Dec 03, 2025•Alt Mobility, Greaves Electric Mobility
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Electric Vehicles Buzz Ampere Unpacks Nexus In First Engineering TeardownElectronicsforyou•Jul 17, 2025•Greaves Electric Mobility, Ampere Computing
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Greaves Electric Mobility Names Vikas Singh As New Managing DirectorElectronicsforyou•Jun 19, 2025•Greaves Electric Mobility
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