About Ampere Vehicles
Ampere Vehicles is a company based in Coimbatore (India) founded in 2008 was acquired by Greaves Cotton in August 2018. Ampere Vehicles has raised $226.73 million across 4 funding rounds from investors including Axon Partners Group, Abdul Latif Jameel and Greaves Cotton. The company has 834 employees as of May 31, 2025. Ampere Vehicles has completed 1 acquisition, including Bestway Agency. Ampere Vehicles operates in a competitive market with competitors including Ola Electric, Ather Energy, Gogoro, Hero Electric and BGauss, among others.
- Headquarter Coimbatore, India
- Employees 834 as on 31 May, 2025
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Annual Revenue
$77.47 M (USD)-45as on Mar 31, 2024
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Net Profit
-$83.44 M (USD)-5176as on Mar 31, 2024
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EBITDA
-$78.96 M (USD)-5648as on Mar 31, 2024
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Total Equity Funding
$226.73 M (USD)
in 4 rounds
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Latest Funding Round
$220 M (USD), Series B
Jun 02, 2022
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Investors
Axon Partners Group
& 15 more
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Employee Count
834
as on May 31, 2025
- Investments & Acquisitions
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Acquired by
Greaves Cotton
(Aug 29, 2018)
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Funding Insights of Ampere Vehicles
Ampere Vehicles has successfully raised a total of $226.73M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $220 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Ampere Vehicles
Ampere Vehicles has secured backing from 16 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Axon Partners Group, Abdul Latif Jameel and Greaves Cotton.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments in India are handled by Forum Synergies.
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Venture capital firm focused on healthcare and energy companies
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Private investment arm of Kris Gopalakrishnan Family Office.
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Investor details for Ampere Vehicles
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Investments & Acquisitions by Ampere Vehicles
Ampere Vehicles has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bestway Agency.
Investment portfolio details for Ampere Vehicles
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Electric rickshaws, golf carts, and cargo trucks are developed.
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Complete acquisition details for Ampere Vehicles
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Financial Statements - Ampere Vehicles
Detailed financials for Ampere Vehicles
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Ampere Vehicles Comparisons
Peer comparison for Ampere Vehicles
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Competitors of Ampere Vehicles
Ampere Vehicles operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ola Electric, Ather Energy, Gogoro, Hero Electric and BGauss, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Electric scooters and motorcycles are manufactured with related accessories.
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Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
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Electric scooters are developed and battery swapping networks are operated.
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Manufacturer offering electric scooters and mobility solutions
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Retailer of electric scooters offering test rides, maintenance, and financing
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Electric scooters are designed and produced for urban mobility.
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Detailed competitors of Ampere Vehicles
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Latest news on Ampere Vehicles
Complete news archive for Ampere Vehicles
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Frequently Asked Questions about Ampere Vehicles
Ampere Vehicles was founded in 2008 and raised its 1st funding round 5 years after it was founded.
Ampere Vehicles is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
Ampere Vehicles is a funded company, having raised a total of $226.73M across 4 funding rounds to date.
As of May 31, 2025, the latest employee count at Ampere Vehicles is 834.
Annual revenue of Ampere Vehicles is $77.47M as on Mar 31, 2024.
Ampere Vehicles was founded in 2008 in Coimbatore, India, and operates within the electric mobility sector. Electric scooters and vehicles are developed and offered through an online platform, emphasizing reduced environmental impact, low maintenance requirements, and operational costs. These products are engineered for urban daily use, supporting transitions to sustainable transportation across Indian markets. The domain amperevehicles.com serves as the primary access point for users.
Ampere Vehicles's top competitors include Ather Energy, Ola Electric and BGauss.
Ampere Vehicles has made 1 acquisition, including Bestway Agency.
Ampere Vehicles has 16 investors. Key investors include Axon Partners Group, Abdul Latif Jameel, Greaves Cotton, Pratithi Investments, and Kris Gopalakrishnan.