Vecmocon - About the company
Vecmocon is a series A company based in Noida (India), founded in 2016 by Akash Bansal, Peeyush Asati, Adarshkumar Balaraman, Shivam Wankhede and Nikesh Bisht. It operates as a Manufacturer of battery management systems and electric vehicle control components. Vecmocon has raised $24M in funding from investors like Tiger Global Management, Blume Venture and Tessellate Ventures, with a current valuation of $*****. The company has 253 active competitors, including 53 funded and 24 that have exited. Its top competitors include companies like Emo Energy, Twaice and Qnovo.
Company Details
Manufacturer of battery management systems and electric vehicle control components. Products include hardware for monitoring battery health, managing charging processes, and controlling motor performance. The technology facilitates communication between vehicle sub-systems to regulate power distribution and energy efficiency. These components support the operation of electric two-wheelers and three-wheelers by providing data for range estimation and maintenance monitoring. The hardware integrates with software applications to allow for real-time status tracking and diagnostic analysis of vehicle performance.
- Website
- vecmocon.com
- Email ID
- *****@vecmocon.com
- Phone Number
- +91 **********
- Registered Address
- B-1/E-9, Basement, Mohan, Cooperative Industrial Estate, Badarpur (South Delhi), South Delhi, New Delhi, Delhi, India, 110044
Key Metrics
Founded Year
2016
Location
Noida, India
Stage
Series A
Total Funding
$24M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on May 27, 2025
Investors
Ranked
10th among 253 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
277 as on May 31, 2026
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Legal entities associated with Vecmocon
Vecmocon is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VECMOCON TECHNOLOGIES PRIVATE LIMITED CIN: U74999DL2016PTC303809 , India, Active | Aug 01, 2016 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 277 (As on May 31, 2026) |
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Vecmocon's funding and investors
Vecmocon has raised a total funding of $24M over 5 rounds. Its latest funding round was a Series A round on Nov 14, 2024 for $*****. 4 investors participated in its latest round. Vecmocon has 10 institutional investors and 22 angel investors.
Here is the list of recent funding rounds of Vecmocon:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 14, 2024 | 3189765 | Series A | 9562285 | 3256942 | 6506869 | 2420849 |
Sep 29, 2022 | 1786478 | Seed | 8864507 | 9201049 | 6139782 | |
Feb 05, 2022 | 2291023 | Angel | 3832389 | 3744394 |
View details of Vecmocon's funding rounds and investors
Vecmocon's founders and board of directors
Founder? Claim ProfileThe founders of Vecmocon are Akash Bansal, Peeyush Asati, Adarshkumar Balaraman, Shivam Wankhede and Nikesh Bisht. Peeyush Asati is the CEO of Vecmocon.
Here are the details of Vecmocon's key team members:
- Akash Bansal: Former Co-Founder of Vecmocon. They are also an angel investor in 2 startups.
- Peeyush Asati: Co-Founder & CEO of Vecmocon. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Adarshkumar Balaraman: Co-Founder & COO of Vecmocon. They are also an angel investor in 1 startup.
- Shivam Wankhede: Co-Founder & CTO of Vecmocon and founder of 1 other company. Contact Info: 3 email addresses
- Nikesh Bisht: Former Co-Founder of Vecmocon and founder of 1 other company. Contact Info: 1 email address
Vecmocon's Board of Directors
Vecmocon's board has 3 active members. Peeyush Asati, Adarshkumar Balaraman and Shivam Wankhede are part of team.Here is the list of Vecmocon's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 10y 0m | |
Team | - | Current | 10y 0m | |
aachkjl | Team | - | Past | 8y 6m |
View details of Vecmocon's Founder profiles and Board Members
Vecmocon's employee count trend
Vecmocon has 277 employees as of May 26. The total employee count is 14.0% more than what it was in May 25. Here is Vecmocon's employee count trend over the years:
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Vecmocon's Competitors and alternates
Top competitors of Vecmocon include Emo Energy, Twaice and Qnovo. Here is the list of Top 10 competitors of Vecmocon, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Emo Energy 2022, Bengaluru (India), Series A | Provider of energy management systems integrating battery technology and charging hardware | $14.1M | 67/100 | |
2nd | Developer of battery energy storage analytics software for asset management | $71.5M | 62/100 | ||
3rd | Qnovo 2009, Milpitas (United States), Series C | Battery management software for the e-mobility sector | $40M | 61/100 | |
4th | Breathe Battery Technologies 2019, London (United Kingdom), Series B | Physics-based battery management software | $31M | 60/100 | |
5th | Bacancy Systems 2021, Ahmedabad (India), Series A | Embedded engineering and manufacturing solutions for IoT, healthcare, and e-mobility industries | $4.22M | 59/100 | |
6th | Brill Power 2015, Oxford (United Kingdom), Acquired | BMS for utilizing multiple types of lithium batteries to develop battery packs | $16.4M | 58/100 | |
7th | Electra Vehicles 2015, Boston (United States), Acquired | Battery management system for electric vehicles | $24.6M | 58/100 | |
8th | Developer of e-bike drive system | $14.5M | 57/100 | ||
9th | AI and SaaS-based battery optimization and trading platform | $14M | 56/100 | ||
10th | Manufacturer of battery management systems and electric vehicle control components | $24M | 56/100 |
Looking for more details on Vecmocon's competitors? Click here to see the top ones
Vecmocon's Investments and acquisitions
Vecmocon has made no investments or acquisitions yet.
Reports related to Vecmocon
Here is the latest report on Vecmocon's sector:
News related to Vecmocon
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Tiger Global-backed Vecmocon raises $10 Mn in Series A roundEntrackr•Nov 15, 2024•Vecmocon, Ecosystem Integrity Fund, Blume Venture, British International Investment and 1 other
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Hyderabad-based identity verification startup Equal raises $10 millionIndian Startup News•Nov 11, 2024•Equal, Prosus, Tomales Bay Capital, Blume Venture and 10 others
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Lohum Partners With Vecmocon For EV Battery RecyclingSafeguard Financial•Aug 10, 2023•Lohum, Vecmocon, Altigreen
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Vecmocon raises $5.2 million from Tiger Global, Blume VenturesOutlook India•Oct 14, 2022•Vecmocon, Tiger Global Management, Blume Venture, Tring and 1 other
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Delhi-based firm develops vehicle intelligence system and health monitoring solutionDevdiscourse•Aug 30, 2022•Vecmocon
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