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Switch Mobility - About the company

Switch Mobility is a series B company based in Bengaluru (India), founded in 2019 by Apoorv Singh, Vinay Sharma and Shravan Aiyappa kadiamada. It operates as a Platform offering electric mid-drives for electric bicycles. Switch Mobility has raised $18M in funding from Dana. The company has 41 active competitors, including 5 funded and 5 that have exited. Its top competitors include companies like Fazua, Bosch eBike Systems and BAFANG.

Company Details

Platform offering electric mid-drives for electric bicycles. It develops hardware devices for electric bicycles to provide non-conventional modes. It offers features like regenerative braking, OTA firmware updates, offer rider statistics, etc.
Social
X
Email ID
*****@switchmobility.in
Phone Number
+91 **********
Registered Address
34/53, Main Road, Ponnampet, Gonikoppal, Kodagu, Virajpet, Karnataka, India, 571213
Key Metrics
Founded Year
2019
Location
Bengaluru, India
Stage
Series B
Total Funding
$18M in 1 round
Latest Funding Round
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2024
Employee Count
9 as on Jun 30, 2026
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Switch Mobility's funding and investors

Switch Mobility has raised a total funding of $18M over 1 round. Its latest funding round was a Series B round on Jul 31, 2021 for $*****. 1 investor participated in its latest round. Switch Mobility has 3 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Switch Mobility:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 31, 2021
3870415
Series B
5733663
7456055
8940343
2115704
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Switch Mobility's founders and board of directors

Founder? Claim Profile
The founders of Switch Mobility are Apoorv Singh, Vinay Sharma and Shravan Aiyappa kadiamada.
Here are the details of Switch Mobility's key team members:

Switch Mobility's Board of Directors

Switch Mobility's board has 4 active members. Vineeth Muthanna, Ranjit B C and Vinay Sharma are part of team and Shravan Aiyappa is independent board member.
Here is the list of Switch Mobility's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 2m
Team
-
Current
7y 2m
Team
-
Current
7y 2m
Independent board member
-
Current
2y 10m

Switch Mobility's employee count trend

Switch Mobility has 9 employees as of Jun 26. Here is Switch Mobility's employee count trend over the years:
Employee count trend for Switch Mobility
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Switch Mobility's Competitors and alternates

Top competitors of Switch Mobility include Fazua, Bosch eBike Systems and BAFANG. Here is the list of Top 10 competitors of Switch Mobility, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Fazua
Fazua
2011, Munich (Germany), Acquired
Developer of e-bike drive system
$14.5M
57/100
2nd
Logo for Bosch eBike Systems
Bosch eBike Systems
2012, Stuttgart (Germany), Unfunded
Electric drive systems for bicycles
-
-
56/100
3rd
Logo for BAFANG
BAFANG
2003, Suzhou (China), Unfunded
Manufacturer of electric drives and other electromobility components
-
-
49/100
4th
Logo for Clean Mobile
Clean Mobile
2006, Munich (Germany), Acquired
Electric Drive Trains for LEVs
$25.2M
43/100
5th
Logo for Brammo
Brammo
2002, Ashland (United States), Acquired
Electric Vehicle components manufacturer
$82.1M
41/100
6th
Logo for Switch Mobility
Switch Mobility
2019, Bengaluru (India), Series B
Platform offering electric mid-drives for electric bicycles
$18M
41/100
7th
Logo for E2 DRIVES
E2 DRIVES
2013, Wavre (Belgium), Unfunded
Developer of all-in-one ebike drive units
-
-
39/100
8th
Logo for FreeFlow Technologies
FreeFlow Technologies
2012, Glasgow (United Kingdom), Series A
Developer of powertrain system for electric bicycles
$8.19M
39/100
9th
Logo for Zehus
Zehus
2013, Milan (Italy), Series A
Developer of propulsion systems for electric bicycles
$3.3M
39/100
10th
Logo for CALVEM Energy
CALVEM Energy
2021, Noida (India), Funding Raised
Developing powertrain solution for electric two wheelers
-
35/100
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Switch Mobility's Investments and acquisitions

Switch Mobility has made no investments or acquisitions yet.

Reports related to Switch Mobility

Here is the latest report on Switch Mobility's sector:

News related to Switch Mobility

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