NIKOL EV - About the company
NIKOL EV is a seed company based in Pune (India), founded in 2021 by Arjun Pawar. It operates as a Platform offering electric vehicle chargers and charging station networks. NIKOL EV has raised $481K in funding from EvolveX Accelerator, with a current valuation of ₹*****. The company has 168 active competitors, including 25 funded and 5 that have exited. Its top competitors include companies like ChargePoint, Bolt.Earth and Statiq.
Company Details
Platform offering electric vehicle chargers and charging station networks. It provides electric vehicle supply equipment chargers for diverse vehicle types and locations. It offers charging management systems and facilitates the establishment of electric vehicle charging station franchises.
- Website
- www.nikolev.in
- Social
- Email ID
- *****@nikolev.in
- Phone Number
- +91 **********
- Registered Address
- Flat No.7 Riddhi Siddhi Apts S No. 4/4 Bhumkar Nagar Nr Balaji Parik, Narhe, Pune, Pune, Maharashtra, India, 411046
Legal entities associated with NIKOL EV
NIKOL EV is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NIKOL AUTOMOTIVE PRIVATE LIMITED CIN: U34100PN2022PTC217037 , India, Active | Dec 16, 2022 | $259K (As on Mar 31, 2025) | - |
Sign up to download NIKOL EV's company profile
NIKOL EV's funding and investors
NIKOL EV has raised a total funding of $481K over 1 round. Its latest funding round was a Seed round on May 26, 2023 for $*****. 5 investors participated in its latest round. NIKOL EV has 2 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of NIKOL EV:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 26, 2023 | 4718318 | Seed | 9101057 | 4007314 | 3452904 | 7285842 |
Access funding benchmarks and valuations. Sign up today!View details of NIKOL EV's funding rounds and investors
NIKOL EV's founders and board of directors
Founder? Claim ProfileThe founders of NIKOL EV is Arjun Pawar.
Here are the details of NIKOL EV's key team members:
- Arjun Pawar: Founder of NIKOL EV and founder of 2 other companies, and EV Duniya. They serve on the board of 1 company.
View details of NIKOL EV's Founder profiles and Board Members
NIKOL EV's employee count trend
NIKOL EV has 1 employees as of Jul 24. Here is NIKOL EV's employee count trend over the years:
Uncover NIKOL EV's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
NIKOL EV's Competitors and alternates
Top competitors of NIKOL EV include ChargePoint, Bolt.Earth and Statiq. Here is the list of Top 10 competitors of NIKOL EV, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ChargePoint 2007, Campbell (United States), Public | Platform offering cloud-enabled EV charging station network | $554M | 76/100 | |
2nd |  Bolt.Earth 2017, Bengaluru (India), Series A | Network of electric vehicle chargers and related software solutions | $29.6M | 70/100 | |
3rd | Network of electric vehicle chargers and related software solutions provider | $27.5M | 70/100 | ||
4th | Platform offering electric vehicle charging solutions | $4.81M | 62/100 | ||
5th |  ChargeZone 2018, Vadodara (India), Series A | Operator of electric vehicle charging stations and related software services | $97.8M | 61/100 | |
6th | Provider of electric vehicle charging solutions for residential and commercial use | $664K | 54/100 | ||
7th | Provider of electric vehicle charging hardware and software solutions | - | - | 52/100 | |
8th | Provider of software platform for electric vehicle charging and energy management | $971K | 50/100 | ||
9th |  Fabric IoT 2022, Bengaluru (India), Series A | Provider of data and energy infrastructure for electric vehicle charging | $13.5M | 49/100 | |
10th | EV Motors India 2016, Delhi (India), Seed | Developer of electric vehicle charging infrastructure | $2.07M | 47/100 | |
23rd | Platform offering electric vehicle chargers and charging station networks | $481K | 37/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on NIKOL EV's competitors? Click here to see the top ones
NIKOL EV's Latest cap tables and shareholding
Founders (largest shareholder) own 72.38%, Funds own 4.07%, Enterprises own 16.65% and Angels own 2.34%. The net worth of NIKOL EV's founders is INR 25.7Cr as of Feb 21, 2025.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 72.38% | 25.7Cr | 3945015 | 7134626 | 6468487 | 2658264 |
6566818 | 3497130 | 6300057 | 4678853 | 1486054 | 4206505 | |
Fund | 4.07% | 1.45Cr | 4010 | 1372 | 4820 | 3431 |
865 | 393 | 433 | 705 | 753 | 596 | |
Enterprise | 16.65% | 5.91Cr | 6411873 | 8327140 | 3516484 | 8809215 |
Angel | 2.34% | 82.5L | 22 | 26 | 97 | 74 |
0 | 0 | 0 | 0 | 0 | 0 | |
Other People | 0.73% | 26L | 0 | 0 | 0 | 0 |
ESOP Pool | 3.85% | 1.37Cr | 280 | 965 | 853 | 557 |
Total | 100.00% | 35.5Cr | 5300095 | 3937214 | 1511785 | 4777397 |
To unlock detailed Cap Table of NIKOL EV 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 NIKOL EV's Shareholding
NIKOL EV's Investments and acquisitions
NIKOL EV has made no investments or acquisitions yet.
Reports related to NIKOL EV
Here is the latest report on NIKOL EV's sector:
News related to NIKOL EV
Media has covered NIKOL EV for 1 event in last 1 year.
•
Indian firm Nikol Automotive gets patent for innovative EV hybrid AC charger.Asian News International•Mar 26, 2025•NIKOL EV
•
•
EvolveX Invests Undisclosed Amount in Pre-Seed Round of NIKOL EVTechiexpert•Sep 26, 2023•NIKOL EV, EvolveX Accelerator
•
•
EV Startups Raptee, Nikol EV, SaaS Platform Data Sutram Raise Early-Stage FundingVCCircle•Sep 26, 2023•RapteeHV, NIKOL EV, SUTRAM, DeepTech Ventures and 2 others
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about NIKOL EV
Explore our recently published companies
- Educativa - Bantul based, 2022 founded, Unfunded company
- RYSE Chocolate Energy - Ratoath based, 2024 founded, Unfunded company
- Veltos - Bengaluru based, 2023 founded, Unfunded company
- DeAge - Mumbai based, 2025 founded, Unfunded company
- CPC Analytics - Berlin based, 2014 founded, Unfunded company
- Grid - San Francisco based, 2024 founded, Funding Raised company
