When was Piaggio Group founded?

Piaggio Group was founded in 1884 and raised its 1st funding round 131 years after it was founded.

Where is Piaggio Group located?

Piaggio Group is headquartered in Pontedera, Italy. It is registered at E 2 MIDC INDUSTRIAL AREABARAMATI, PUNE, Maharashtra, India, 413133.

How many employees does Piaggio Group have?

As of Aug 31, 2026, the latest employee count at Piaggio Group is 3634.

Is Piaggio Group a funded company?

Piaggio Group is a funded company, having raised an undisclosed amount across 8 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on May 01, 2015.

When was the latest funding round of Piaggio Group?

Piaggio Group's latest funding was a $***** Grant (prize money) round on Sep 01, 2022, with participation from 1 investor.

What is the annual revenue of Piaggio Group?

Annual revenue of Piaggio Group is more than €1B as on Dec 31, 2023

Where does Piaggio Group rank among its competitors?

Piaggio Group ranks 27th amongst 1457 active competitors, of which 123 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was BGauss, which secured $11.6M in Aug, 2026.

Who are the top competitors of Piaggio Group?

Piaggio Group's top competitors include Ather Energy, Gogoro and Oben Electric. Among them, BGauss secured the most recent funding round in August, 2026.

Piaggio Group - 2026 Company Profile, Funding, Competitors & Financials

Piaggio Group is a public company based in Pontedera (Italy), founded in 1884. It operates as a Manufacturer of two-wheel motor vehicles. Piaggio Group has raised an undisclosed amount in funding. The company has 1457 active competitors, including 123 funded and 70 that have exited. Its top competitors include companies like Ather Energy, Gogoro and Oben Electric.

Company Details

Piaggio Group is a two-wheeler manufacturing company with products across categories such as motorcycles and scooters. It ha two-wheeler brands such as Aprilia, Derbi, Gilera, Guzzi motorcycles, Piaggio, Scarabeo and Wasp and commercial vehciles brands such as Piaggio and Bee.

Website: www.piaggiogroup.com/en
Social
Email ID: *****@piaggio.com
Phone Number: +39 **********
Registered Address: E 2 MIDC INDUSTRIAL AREABARAMATI, PUNE, Maharashtra, India, 413133

Key Metrics

Founded Year

1884

Location

Pontedera, Italy

Stage

Public

Latest Funding Round

Grant (prize money), Sep 01, 2022, $*****

Investors

TPG & 1 more

Ranked

27^th among 1457 active competitors

Annual Revenue

€1B+ as on Dec 31, 2023

Employee Count

3,634 as on Aug 31, 2026

Similar Companies

TVS Motor & 77 more

Exit Details

Public

View Piaggio Group's full profile

Piaggio Group is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Piaggio & C. S.p.a. CIN: 1551260506 , Italy, Active		€1B+ (As on Dec 31, 2023)	-	-
PIAGGIO VEHICLES PRIVATE LIMITED CIN: U34102MH1998PTC113606 , India, Active	Feb 17, 1998	₹1,000+ Cr (As on Mar 31, 2025)	1499 (As on Feb 01, 2026)

Piaggio Group has raised funding over 8 rounds. Its first funding round was on May 01, 2015. Its latest funding round was a Grant (prize money) round on Sep 01, 2022 for $*****. 1 investor participated in its latest round. Piaggio Group has 2 institutional investors.

Here is the list of recent funding rounds of Piaggio Group:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 01, 2022	1281546	Grant (prize money)	4449888	6029416	4704259	2850929
May 01, 2019	4313299	Grant (prize money)	3407013	3269814	1482063	Europa
Jan 01, 2019	6480265	Grant (prize money)	1558637	6606545	4123340	Europa

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View details of Piaggio Group's funding rounds and investors

Piaggio Group's employee count trend

Piaggio Group has 3,634 employees as of Aug 26. Here is Piaggio Group's employee count trend over the years:

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Top competitors of Piaggio Group include Ather Energy, Gogoro and Oben Electric. Here is the list of Top 10 competitors of Piaggio Group, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ather Energy 2013, Bengaluru (India), Public	Manufacturer of smart electric scooters with connected software, charging infrastructure, and ecosystem services	$502M	Hero MotoCorp, NIIF & 40 others	85/100
2nd	Gogoro 2011, Taipei (Taiwan), Public	Platform offering electric scooters and operator of battery swapping networks	$765M	Sumitomo Corporation, Generation Investment Management ... & 15 others	77/100
3rd	Oben Electric 2020, Bengaluru (India), Series A	Platform offering two wheeler motorcycle products	$37.6M	India Ev Angels, Stride Ventures & 87 others	75/100
4th	Niu 2014, Beijing (China), Public	Manufacturer of electric scooters, mopeds, motorcycles, and related accessories	$50M	Sequoia Capital China, GSR Ventures & 9 others	74/100
5th	Ultraviolette 2016, Bengaluru (India), Series E	Manufacturer of electric motorcycles, components, rider safety equipment, and charging infrastructure	$101M	TVS Motor, Qualcomm Ventures & 48 others	74/100
6th	TVS Motor 1911, Hosur (India), Public	Manufacturer of bikes, scooters, and motorcycles	-	WestBridge Capital, Piper Serica	73/100
7th	BGauss 2020, Mumbai (India), Series D	Manufacturer of electric scooters designed for urban and developing environments	$42.7M	RR Global, Bharat Value Fund & 18 others	71/100
8th	Hero MotoCorp 1984, Delhi (India), Public	Manufacturer and distributor of motorcycles scooters and electric scooters	-	Life Insurance Corporation of India, VantEdge Partners ... Read more	71/100
9th	Zero Motorcycles 2006, Scotts Valley (United States), Series G	Manufacturer of electric motorcycles, related accessories, and associated merchandise	$584M	Invus, Exor & 5 others	69/100
10th	Segway-Ninebot 2012, Beijing (China), Series C	Manufacturer of multi-category electric vehicles	$240M	Sequoia Capital China, SDIC Innovation & 6 others	69/100
27th	Piaggio Group 1884, Pontedera (Italy), Public	Manufacturer of two-wheel motor vehicles	-	TPG, Europa	59/100