Savë - About the company
Savë is a seed company based in Ahmedabad (India), founded in 2016 by Chandan Mundhra. It operates as a Manufacturer of electric rickshaws. Savë has raised an undisclosed amount in funding, with a current valuation of $*****. The company has 146 active competitors, including 8 funded and 3 that have exited. Its top competitors include companies like 3evi, TI Clean Mobility and Clean Motion.
Company Details
Manufacturer of electric rickshaws. The company offer a range of electric passenger vehicles, and more. The company develops vehicles with features like lithium-ion batteries, LCD display, and more.
- Website
- savyelectric.in
- Social
- Email ID
- *****@savyelectric.in
- Phone Number
- +91 **********
- Registered Address
- OFF. NO. 513, NORTH PLAZA, OPP. PALLADIUM, NR. 4D SOUARE, VISHAT - GANDHINAGAR, Motera, Ahmedabad, Ahmadabad City, Gujarat, India, 380005
Key Metrics
Founded Year
2016
Location
Ahmedabad, India
Stage
Seed
Latest Funding Round
Post Money Valuation
$***** as on Apr 15, 2022
Ranked
7th among 146 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
26 as on Jun 30, 2025
Investment & Acquisitions
Legal entities associated with Savë
Savë is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SAVY GREENTECH PRIVATE LIMITED CIN: U34100GJ2016PTC092500 , India, Active | Jun 16, 2016 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 26 (As on Jun 30, 2025) |
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Savë's funding and investors
Savë has raised funding over 1 round.
Here is the list of recent funding rounds of Savë:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 26, 2022 | 3095283 | Seed | 4606479 | 9295755 | 5063397 | 9715408 |
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Savë's founders and board of directors
Founder? Claim ProfileThe founders of Savë is Chandan Mundhra. Chandan Mundhra is the CEO of Savë.
Here are the details of Savë's key team members:
- Chandan Mundhra: Founder & CEO of Savë and founder of 1 other company. Contact Info: 1 email address
View details of Savë's Founder profiles and Board Members
Savë's employee count trend
Savë has 26 employees as of Jun 25. The total employee count is 117.0% more than what it was in Jun 24. Here is Savë's employee count trend over the years:
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Savë's Competitors and alternates
Top competitors of Savë include 3evi, TI Clean Mobility and Clean Motion. Here is the list of Top 10 competitors of Savë, 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 |  TI Clean Mobility 2022, Chennai (India), Series D | Provider of solutions for electric vehicle charging and energy management | $519M | 57/100 | |
3rd | Clean Motion 2010, Lerum (Sweden), Public | Manufacturer platform focusing on commercial and light vehicles | - | 56/100 | |
4th |  Montra Electric 2020, Chennai (India), Seed | Manufacturers of electric three-wheeler | - | 51/100 | |
5th | Atul Greentech 2020, Ahmedabad (India), Late Stage | Manufacturer of electric rickshaws | - | 45/100 | |
6th |  Shine Metal Udyog 1997, Faridabad (India), Unfunded | Manufacturer of multi-category commercial electric vehicles and engineering services | - | - | 45/100 |
7th | Manufacturer of electric rickshaws | - | - | 45/100 | |
8th |  Indo Wagen 2013, Kolkata (India), Unfunded | Manufacturer of electric commercial tricycles | - | - | 41/100 |
9th | Subscription-based mobility service | $179K | 40/100 | ||
10th |  Saera Electric Auto 2011, Delhi (India), Unfunded | Manufacturer of electric auto rickshaws and scooters | - | - | 38/100 |
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Savë's Investments and acquisitions
Savë has a total of 1 investment in Vimag Labs. Savë has not made any acquisitions as of now.Reports related to Savë
Here is the latest report on Savë's sector:
News related to Savë
•
A New Look for Indian E-Auto Grabs International Attention at Netherlands E-Mobility ExpoBusiness Standard•Jan 03, 2024•Savë
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FAQs about Savë
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