PMV Electric - About the company
PMV Electric is a funded company based in Mumbai (India), founded in 2018 by Kalpit Patel. It operates as a Developer of electric microcars designed for sustainable personal urban mobility. The company has 30 active competitors, including 2 that are funded. Its top competitors include companies like Lean Mobility, City Transformer and Ozone Motors.
Company Details
Developer of electric microcars designed for sustainable personal urban mobility. The company focuses on addressing challenges related to pollution and urban congestion. It offers electric vehicles intended for everyday intra-city commutes. The vehicles incorporate features such as regenerative braking, remote parking assist, and over-the-air updates.
- Website
- pmvelectric.com
- Social
- Email ID
- *****@pmvelectric.com
- Registered Address
- 15, MAQBOOL COMPD ISLAMIYA BAZAR NR W E HIGHWAY, PATHANWADI, NR MARBLE MKT, Mumbai City, MALAD EAST, Maharashtra, India, 400097
Key Metrics
Founded Year
2018
Location
Mumbai, India
Stage
Funding Raised
Investors
Ranked
3rd among 30 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
5 as on Aug 31, 2026
Legal entities associated with PMV Electric
PMV Electric is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PMV ELECTRIC PRIVATE LIMITED CIN: U34300MH2018PTC317155 , India, Active | Nov 16, 2018 | 0 - ₹10 Cr (As on Mar 31, 2025) | - |
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PMV Electric's funding and investors
PMV Electric is a funded company. PMV Electric has 1 institutional investor.
View details of PMV Electric's funding rounds and investors
PMV Electric's founders and board of directors
Founder? Claim ProfileThe founders of PMV Electric is Kalpit Patel. Kalpit Patel is the CEO of PMV Electric.
Here are the details of PMV Electric's key team members:
- Kalpit Patel: Founder & CEO of PMV Electric. They serve on the board of 1 company.Contact Info: 1 email address
PMV Electric's Board of Directors
PMV Electric's board has 2 active members. Kalpit Patel is part of team and Dashrath Keshavlal Patel is independent board member.Here is the list of PMV Electric's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 7y 10m | |
Independent board member | - | Current | 7y 10m |
View details of PMV Electric's Founder profiles and Board Members
PMV Electric's employee count trend
PMV Electric has 5 employees as of Aug 26. Here is PMV Electric's employee count trend over the years:
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PMV Electric's Competitors and alternates
Top competitors of PMV Electric include Lean Mobility, City Transformer and Ozone Motors. Here is the list of Top 10 competitors of PMV Electric, ranked by Tracxn score:
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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 | 47/100 | |
2nd | City Transformer 2014, Tel Aviv (Israel), Series A | Developer of adaptable electric vehicles designed for urban mobility | $10M | 40/100 | |
3rd |  PMV Electric 2018, Mumbai (India), Funding Raised | Developer of electric microcars designed for sustainable personal urban mobility | - | 36/100 | |
4th | _1564456332797.png?devicePixelRatio=2&height=30&width=30){kind=logo} Ozone Motors 2016, Chennai (India), Deadpooled | Developer of electric vehicle & telematics technologies | $100K | 30/100 | |
5th | Manufacturer of 3D printed electric cars | - | 28/100 | ||
6th | Biro 2013, Netherlands, Unfunded | Retailer of compact electric vehicles designed for urban transportation needs | - | - | 26/100 |
7th | Developer of personal electric vehicles | - | - | 24/100 | |
8th | 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 | Developer of street legal light electric vehicles for personal transport | - | - | 24/100 |
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PMV Electric's Investments and acquisitions
PMV Electric has made no investments or acquisitions yet.
Reports related to PMV Electric
Here is the latest report on PMV Electric's sector:
News related to PMV Electric
Filter this listMedia has covered PMV Electric for a total of 2 events in the last 1 year.
•
NXGSAT Secures €1.2M Seed Funding for 5G Satellite ModemMicrowave Journal•Oct 21, 2025•nxgsat, imec.istart future fund, PMV Electric
•
Belgian Fabless Semiconductor Firm Magics Raises €4M FundingStartup Rise EU•Oct 13, 2025•MAGICS, PMV Electric, Standard Chartered
•
Jeito Capital leads €78M funding round for Augustine Therapeutics' novel disease therapies.GlobeNewswire•Mar 24, 2025•Jeito, Augustine Therapeutics, Novo Holdings, Asabys Partners and 7 others
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Augustine Therapeutics Raises EUR 77.7M in Series A FundingFinSMEs•Mar 24, 2025•Warbonnet Construction, Novo Holdings, Cmtrf, VIB and 8 others
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Swave Photonics Secures €27M Series A to Advance AR Holographic Display TechAuganix•Jan 13, 2025•Luminate, Imec, PMV Electric, Qbic Fund and 9 others
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Belgium’s Swave Photonics secures €27M to transform 3D holographic displays and augmented realitySilicon Canals•Jan 04, 2025•Swave, imec.xpand, SFPIM, IAG Capital Partners and 10 others
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Apideck Secures $7.5 Million Series A to Expand Unified API Platform and Accelerate AI IntegrationSilicon Valley Journals•Nov 20, 2024•Apideck, Airbridge Equity Partners, PMV, PMV Electric and 4 others
•
China Electric Truck Startup Windrose to Raise $200 Million Before US IPO, Source SaysU.S. News•Jul 23, 2024•Windrose, SFPIM, PMV Electric
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Monarch Tractor Raises $133M in Series C FundingFinSMEs•Jul 22, 2024•Monarch Tractor, Astanor, At One Ventures, PMV and 7 others
•
Techwolf received $ 42.75 million in Series B financingfromgeek.com•Jun 26, 2024•TechWolf, Felix Capital, The Twenty Minute, Acadian Ventures and 6 others
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