When was Ozone Motors founded?

Ozone Motors was founded in 2016 and raised its 1st funding round 4 years after it was founded.

Where is Ozone Motors located?

Ozone Motors is headquartered in Chennai, India. It is registered at 01 FA FIRST FLOOR IIT MADRAS RESEARCH PARK KANAGAM ROAD TARAMANI, Chennai, CHENNAI, Tamil Nadu, India, 600113.

Which legal entities is Ozone Motors associated with?

Ozone Motors is associated with OZONE MOTORS PRIVATE LIMITED.

How many employees does Ozone Motors have?

As of Aug 31, 2026, the latest employee count at Ozone Motors is 7.

Is Ozone Motors a funded company?

Ozone Motors is a funded company, having raised a total of $100K across 4 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Jan 10, 2020.

How much is Ozone Motors worth?

The last known valuation of Ozone Motors was $***** as of Jun 17, 2021.

When was the latest funding round of Ozone Motors?

Ozone Motors' latest funding was a $***** Grant (prize money) round on Oct 2021, with participation from 1 investor.

What is the annual revenue of Ozone Motors?

Annual revenue of Ozone Motors is less than ₹10 Cr as on Mar 31, 2025

Where does Ozone Motors rank among its competitors?

Ozone Motors ranks 4th amongst 24 active competitors, of which 2 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Lean Mobility, which secured $4.94M in Jun, 2026.

Who are the top competitors of Ozone Motors?

Ozone Motors' top competitors include Lean Mobility, City Transformer and PMV Electric. Among them, Lean Mobility secured the most recent funding round in June, 2026.

Ozone Motors - 2026 Company Profile, Team, Funding, Competitors & Financials

Ozone Motors is a deadpooled company based in Chennai (India), founded in 2016. It operates as a Developer of electric vehicle & telematics technologies. Ozone Motors has raised $100K in funding, with last known valuation of $*****. The company has 24 active competitors, including 2 that are funded. Its top competitors include companies like Lean Mobility, City Transformer and PMV Electric.

Company Details

Ozone Motors develops advanced technologies in the fields of connected mobility & electric vehicles. The company has developed a modular electric vehicle platform that consists of smart powertrain, battery packs, and vehicle control unit. Offers a range of integrated hardware & software products for vehicle health & analytics, tracking, connectivity, safety, fleet management, and more.

Website: ozonemotors.in
Social
Email ID: *****@ozonemotors.in
Phone Number: +91 **********
Registered Address: 01 FA FIRST FLOOR IIT MADRAS RESEARCH PARK KANAGAM ROAD TARAMANI, Chennai, CHENNAI, Tamil Nadu, India, 600113

Key Metrics

Founded Year

2016

Location

Chennai, India

Stage

Deadpooled

Total Funding

$100K in 4 rounds

Latest Funding Round

Grant (prize money), Oct 2021, $*****

Last Known Valuation

$***** as on Jun 17, 2021

Investors

Ashok Kumar Mittal & 12 more

Ranked

4^th among 24 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

7 as on Aug 31, 2026

Similar Companies

Lean Mobility & 19 more

View Ozone Motors' full profile

Ozone Motors is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
OZONE MOTORS PRIVATE LIMITED CIN: U74900TN2016PTC104497 , India, Active	Mar 03, 2016	0 - ₹10 Cr (As on Mar 31, 2025)	-

Ozone Motors has raised a total funding of $100K over 4 rounds. Its first funding round was on Jan 10, 2020. Its latest funding round was a Grant (prize money) round on Oct 2021 for $*****. 1 investor participated in its latest round. Ozone Motors has 4 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of Ozone Motors:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 2021	5504636	Grant (prize money)	6060778	6564857	8697803	2736681
Jun 17, 2021	7714739	Seed	9214811	8398659	3638646	Chendur Forgings
Sep 01, 2020	4489388	Angel	9243442	6630853	Ashok Kumar Mittal & 1 more	9965180

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View details of Ozone Motors's funding rounds and investors

Ozone Motors' Board of Directors

Ozone Motors's board has 3 active members. Deepak Mohan and Elavenil Gouthaman are part of team and Ashok Manor is independent board member.

Here is the list of Ozone Motors' board of directors:

Name	Type	Representing	Status	Duration
Deepak Mohan	Team	-	Current	10y 6m
txpvko{	Team	-	Current	6y 9m
Ashok Manor	Independent board member	-	Current	9y 10m

Ozone Motors' employee count trend

Ozone Motors has 7 employees as of Aug 26. Here is Ozone Motors's employee count trend over the years:

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Top competitors of Ozone Motors include Lean Mobility, City Transformer and PMV Electric. Here is the list of Top 10 competitors of Ozone Motors, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lean Mobility 2022, Toyota (Japan), Seed	Manufacturer of compact electric vehicles for urban transportation and mobility	$57.3M	Decarbonization Support	47/100
2nd	City Transformer 2014, Tel Aviv (Israel), Series A	Developer of adaptable electric vehicles designed for urban mobility	$10M	lubinski.co.il, MassChallenge & 1 others	40/100
3rd	PMV Electric 2018, Mumbai (India), Funding Raised	Developer of electric microcars designed for sustainable personal urban mobility	-	VJTI-TBI	36/100
4th	Ozone Motors 2016, Chennai (India), Deadpooled	Developer of electric vehicle & telematics technologies	$100K	RTBI, StartupTN & 11 others	30/100
5th	XEV 2017, Turin (Italy), Funding Raised	Manufacturer of 3D printed electric cars	-	Kunzhong Capital	28/100
6th	Biro 2013, Netherlands, Unfunded	Retailer of compact electric vehicles designed for urban transportation needs	-	-	26/100
7th	EV4 2014, Warsaw (Poland), Unfunded	Developer of personal electric vehicles	-	-	24/100
8th	Limcar 2015, Iesi (Italy), Unfunded	Operator of a platform facilitating vehicle rentals and related mobility services	-	-	24/100
9th	GreenPlanetVehicles 2018, Maltby (United Kingdom), Unfunded	Retailer of electric vehicles, charging equipment, and related energy solutions	-	-	24/100
10th	amble Portugal, Unfunded	Developer of street legal light electric vehicles for personal transport	-	-	24/100

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Founders (largest shareholder) own 48.17%, Funds own 3.55%, Enterprises own 8.11% and Angels own 33.59%. The net worth of Ozone Motors's founders is INR 2.14Cr as of Jun 17, 2021.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	48.17%	2.14Cr	9938085	4458606	7873930	2093138
Fund	3.55%	15.8L	149	518	773	719
Enterprise	8.11%	36L	9438261	9529254	5134666	1994793
Angel	33.59%	1.49Cr	7962304	6904019	7968663	9364835
Ashok M	2401219	7495604	7576589	3566571	8404746	5338389
Other People	6.59%	29.2L	984674	784829	786634	945396
Total	100.00%	4.44Cr	7267488	1902650	8365589	4903930