About Astro Motors
Astro Motors is a company based in Mumbai (India) founded in 2022 by Kunal Chandra, Vitan Jagada, and Hardik Dhanak was acquired by Remsons in April 2025. Astro Motors has raised $217.47 thousand across 3 funding rounds from investors including Remsons, Shakti Plastic Industries and Jj Family Office. Astro Motors offers products and services including Navya Electric Tempo, Navya Loader, Navya Pickup, and Navya Flat Bed. Astro Motors operates in a competitive market with competitors including TI Clean Mobility, ETO Motors, 3evi, Altigreen and Montra Electric, among others.
- Headquarter Mumbai, India
- Founders Kunal Chandra, Vitan Jagada, Hardik Dhanak
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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- Legal Name Vitan Jagada Automobile Private Limited
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Products & Services of Astro Motors
Astro Motors offers a comprehensive portfolio of products and services, including Navya Electric Tempo, Navya Loader, Navya Pickup, and Navya Flat Bed.
Electric three wheeler for cargo with high payload and range.
Designed for loading tasks with efficient energy use.
Pickup model for urban cargo handling and transport.
Flat bed variant for versatile commercial applications.
Funding Insights of Astro Motors
Astro Motors has successfully raised a total of $217.47K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $156.52 thousand completed in February 2024. 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 Astro Motors
Astro Motors has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Remsons, Shakti Plastic Industries and Jj Family Office.
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Investor details for Astro Motors
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Investments & Acquisitions by Astro Motors
Investment portfolio details for Astro Motors
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Financial Statements - Astro Motors
Detailed financials for Astro Motors
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Astro Motors Comparisons
Peer comparison for Astro Motors
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Competitors of Astro Motors
Astro Motors 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 TI Clean Mobility, ETO Motors, 3evi, Altigreen and Montra Electric, among others.
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Electric three-wheelers are designed, manufactured, and marketed for passenger transport.
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Online platform offering electric vehicles and fleet management solutions
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Three-wheel electric vehicles are manufactured along with hyper-local connectivity services.
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Electric mobility solutions are offered via indigenous three-wheelers.
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Electric three-wheelers are manufactured by Montra Electric in India.
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Manufacturer of electric three-wheelers
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Detailed competitors of Astro Motors
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Latest news on Astro Motors
Complete news archive for Astro Motors
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Frequently Asked Questions about Astro Motors
Astro Motors was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Astro Motors is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Astro Motors is a funded company, having raised a total of $217.47K across 3 funding rounds to date.
Astro Motors was founded in 2022 and is based in Mumbai, India. Operations focus on the electric vehicle sector, with development centered on three-wheelers designed for commercial logistics applications. Key vehicle specifications include a payload capacity of 650 kg, a range of 115 km, and 12 kW power output. Production emphasizes practical features for urban and freight transport needs.
Astro Motors's top competitors include Altigreen, ETO Motors and TI Clean Mobility.
Astro Motors offers Navya Electric Tempo, Navya Loader, Navya Pickup, and Navya Flat Bed.
Astro Motors has 5 investors. Key investors include Remsons, Shakti Plastic Industries, Jj Family Office, Recyclean Infotech, and Valour Capital.
The valuation of Astro Motors is $2.02M as of Feb 2024.