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 as of April 01, 2024. 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 as on 01 Apr, 2024
- Founders Manish Sharma, Ashwani Mehta, Nishchal Chaudhary
- Stage Minicorn
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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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- Legal Name Battreelectric Mobility Private Limited
- Date of Incorporation 08 Nov, 2017
- Jurisdiction Jaipur, Rajasthan, India
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Annual Revenue
$10.59 M (USD)-6.28as on Mar 31, 2023
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Net Profit
$57.14 K (USD)-87.65as on Mar 31, 2023
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EBITDA
-$837.07 K (USD)-215.02as on Mar 31, 2023
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Total Equity Funding
$528.9 K (USD)
in 3 rounds
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Latest Funding Round
$60.9 K (USD), Angel Round
Mar 30, 2023
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Investors
Agility
& 12 more
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Employee Count
118
as on Apr 01, 2024
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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.
People of Batt:RE
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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.
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.
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Private equity firm focused on logistics, transportation, industrial real estate, and technologies
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Mohit Yadav |
Co-founder of Minimalist, active angel investor in Indian startups
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Investor details for Batt:RE
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Investments & Acquisitions by Batt:RE
Investment portfolio details for Batt:RE
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Financial Statements - Batt:RE
Detailed financials for Batt:RE
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Batt:Re Comparisons
Peer comparison for Batt:RE
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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.
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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 Batt:RE
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Latest news on Batt:Re
Complete news archive for Batt:RE
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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.
As of Apr 01, 2024, the latest employee count at Batt:RE is 118.
Annual revenue of Batt:RE is $10.59M as on Mar 31, 2023.
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.