About Batt:RE
Batt:RE is a company based in Jaipur (India) founded in 2017 by Manish Sharma, Ashwani Mehta, and Nishchal Chaudhary. Batt:RE has raised $528.9 thousand across 3 funding rounds from investors including Agility, Agility Ventures and Mohit Yadav. The company has 118 employees. Batt:RE offers products and services including One EPIC, Loev Storie, and Loev+. Batt:RE operates in a competitive market with competitors including Ola Electric, Ather Energy, Gogoro, Hero Electric and BGauss, among others.
- Headquarter Jaipur, India
- Employees 118
- Founders Manish Sharma, Ashwani Mehta, Nishchal Chaudhary
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website battre.in
- Social LinkedIn X Facebook Instagram
- Legal Name Battreelectric Mobility Private Limited
- Date of Incorporation 08 Nov, 2017
- Jurisdiction Jaipur, Rajasthan, India
- Annual Revenue₹103 Cr
FY 2024 · +17% YoY
- Net Profit₹49.4 Lakh
FY 2024 · 0% margin
- EBITDA₹3.18 Cr
FY 2024 · 3% margin
- Total Equity Funding$528.9K (USD)
in 3 rounds
- Latest Funding Round$60.9K (USD), Angel Round
Mar 2023
- InvestorsAgility
& 12 more
- Employee Count118
Associated legal entities of Batt:RE
Batt:RE operates through Battreelectric Mobility Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Battreelectric Mobility Private Limited CIN U29100RJ2017PTC059452 | Active | 08 Nov 2017 | Jaipur, Rajasthan | ₹103 Cr | 118 | 3 | View details |
Products & Services of Batt:RE
Batt:RE offers a comprehensive portfolio of products and services, including One EPIC, Loev Storie, and Loev+.
Scooter with 90 km range and 60 kmph speed for urban commuting.
Model offering 103 km range and LCD screen features.
Scooter with detachable battery and ranges from 50-150 km.
Funding Insights of Batt:RE
Batt:RE has successfully raised a total of $528.9K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $60.9 thousand completed in March 2023. 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.
- Total Funding $528,899
- Total Rounds 3
- Last Round Angel Round — $60,900
- First Round $115,999
(Feb 2019)
- Investors Count 13
All 3 funding rounds of Batt:RE with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2023 | $60,900 | Angel Round | $46.79M | Mohit Yadav | – |
| Jun 2022 | $352,000 | Seed | $42.66M | Agility Ventures, Agility | |
| Feb 2019 | $115,999 | Angel Round | $••••• | Gajendra Chandel, Ashwani Mehta |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2023 | $46.79M | •••••••• |
| Jun 2022 | $42.66M | •••••••• |
| Feb 2019 | $••••• | •••••••• |
Full valuation and stage history of Batt:RE
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $46.79M (Mar 2023). 13 investors in total: 2 institutional and 11 angel.
Investors in Batt:RE
Batt:RE has secured backing from 13 investors, including angel and venture fund investors. Prominent investors backing the company include Agility, Agility Ventures and Mohit Yadav.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Association focused on investment consulting and guidance for investors | 2020 | agilityventures.in | Gurugram, India | |
Private equity firm focused on logistics, transportation, industrial real estate, and technologies | 1979 | agility.com | Khemisset, Morocco | |
MY Mohit Yadav | Co-founder of Minimalist, active angel investor in Indian startups | – | unknown_8bca263d878743598 | - |
GC Gajendra Chandel | Angel investor, ex-CEO of Tata Motors CVBU, strategic advisor | – | unknown_0a29972acf7f4ab1a | - |
SP Som Parkash Sabharwal | - | – | unknown_cc5ce7172b6b4724b | - |
NB Nisha Bansal | - | – | unknown_60632ce70be64e4d9 | - |
AK Ajay Kumar Ghosh | Angel investor and entrepreneur, focusing on tech startups in India. | – | unknown_486d547a60e645279 | - |
SK Sonal Khurana | Angel investor focusing on early-stage Indian startups in tech and consumer sectors. | – | unknown_1b729a1a1b81410ba | - |
KH Ketankumar Hiralal Patel | - | – | unknown_d9c799eae1d3491ca | - |
GK Gargiben Ketankumar Patel | - | – | unknown_702502a6b2684a268 | - |
Investor details for Batt:RE
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Battreelectric Mobility Private Limited (Batt:RE)
Battreelectric Mobility Private Limited is the primary company behind Batt:RE. The board of Battreelectric Mobility Private Limited currently have 3 directors; the longest-serving is Nishchal Choudhary, appointed in 2017. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nishchal Choudhary DIN 07492794 | Whole-time director | 08 Nov 2017 | 8 yrs 11 mo | Battreelectric Mobility Private Limited |
| Kshitija Nishchal Karnik DIN 08316626 | Whole-time director | 15 Jan 2019 | 7 yrs 8 mo | Battreelectric Mobility Private Limited |
| Gajendra Pal Singh Chandel DIN 01523583 | Director | 30 Mar 2022 | 4 yrs 6 mo | Battreelectric Mobility Private Limited |
People of Batt:RE
6 people are tracked at Batt:RE (3 in leadership, 3 in team); the tracked headcount is 118.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Nishchal Chaudhary | Founder & CEO | Leadership |
Mohit Sharma | GM - Supply Chain And Operations | Team |
Ajeet Choudhary | After Sales Service Engineer | Team |
Pankaj Sharma | Growth @ Battre | Team |
Complete people profiles for Batt:RE
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of Batt:RE
Figures of Battreelectric Mobility Private Limited, the primary company behind Batt:RE, for FY 2024. Revenue was ₹103 Cr (+17% year on year). Net profit was ₹49.4 Lakh (0% margin). EBITDA was ₹3.18 Cr (3% margin). Revenue has grown at a compounded annual rate of +72% over three years and +237% over five years.
- ₹103 CrRevenue · FY 2024 · +17% YoY
- ₹49.4 LakhNet profit · 0% margin
- ₹3.18 CrEBITDA · 3% margin
- ₹3.29 CrPaid-up capital
- 118Employees (provident fund records)
- +72%Revenue CAGR, 3 years
- +237%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Battreelectric Mobility Private Limited are on its company page.
Detailed financial statements for Batt:RE
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Batt:RE
4 dated milestones of Batt:RE across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Batt:RE is founded.
- Funding First funding round of $116K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $61K.
Competitors of Batt:RE
Batt:RE 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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| olaelectric.com | 2017 | Bengaluru, India | $1B | 3,520 | Electric scooters and motorcycles are manufactured with related accessories. | |
| atherenergy.com | 2013 | Bengaluru, India | $502.15M | 1,755 | Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | |
| gogoro.com | 2011 | Taipei, Taiwan | $480M | 1,892 | Electric scooters are developed and battery swapping networks are operated. | |
| heroelectric.in | 2007 | Gurugram, India | $129.6M | 122 | Manufacturer offering electric scooters and mobility solutions | |
| bgauss.com | 2020 | Mumbai, India | $24.37M | 633 | Retailer of electric scooters offering test rides, maintenance, and financing | |
| rideriver.com | 2020 | Bengaluru, India | $66M | 396 | Electric scooters are designed and produced for urban mobility. | |
| motovolt.co | 2019 | Kolkata, India | $1.92M | 315 | Electric bicycles with advanced features are developed by Motovolt. | |
| bncmotors.in | 2020 | Coimbatore, India | $8.66M | – | Electric two-wheelers with removable batteries and hub motors are manufactured. | |
| greaveselectricmobility.com | 2008 | Bengaluru, India | $226.32M | 1,551 | Manufacturer of electric two and three-wheelers for personal and commercial use |
Detailed competitors of Batt:RE
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Batt:RE
The website of Batt:RE (battre.in) receives about 11.5K visits a month.
- Monthly visits11.5K
▲ 532.4% vs previous month
Websites whose visitors overlap most with Batt:RE. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| komaki.in | 100% | 99.1K | #352,188 | View details |
Latest news on Batt:Re
Complete news archive for Batt:RE
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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Similar companies to Batt:RE
10 companies that operate in the same segment as Batt:RE (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765.74 M | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.71 B | – | – | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.15 M | USD 391.37 M | 1,620 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 1,247 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 |
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Frequently Asked Questions about Batt:RE
Batt:RE was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Batt:RE is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
Nishchal Chaudhary is the current CEO of Batt:RE. They have also founded this company.
Batt:RE is a funded company, having raised a total of $528.9K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $116K, raised on Feb 2019.
Batt:RE has 118 employees.
The primary company behind Batt:RE, Battreelectric Mobility Private Limited, reported revenue of ₹103 Cr for FY 2024, up 17% year on year.
Developer of electric scooters. The company develops electric scooters that include features like detachable Lithium-ion batteries, GPS tracking, geo-fencing, LED display, and more.
Batt:RE's top competitors include Ather Energy, Ola Electric and BGauss.
Batt:RE offers One EPIC, Loev Storie, and Loev+.
Batt:RE has 13 investors. Key investors include Agility, Agility Ventures, Mohit Yadav, Gajendra Chandel, and Som Parkash Sabharwal.
The valuation of Batt:RE is $46.79M as of Mar 2023.
Batt:RE operates through Battreelectric Mobility Private Limited.