Bikesetu

Jaipur, India Founded: 2023 • Age: 3 yrs
Sells electric scooters designed for daily use in Indian cities and villages.

About Bikesetu

Bikesetu is a Transportation, Automotive & Logistics company based in Jaipur (India) founded in 2023 by Shahnawaz Safdar. It sells electric scooters designed for daily use in Indian cities and villages. It operates on a D2C and B2C model. Its chief executive, as recorded, is Shahnawaz Safdar. Its Indian entity Setu Autotech Private Limited reported revenue of β‚Ή4.2 Lakh. Bikesetu offers products and services including E1, E2, E3, and E4. Its focus areas include Consumer, Mobility Tech, Electric Vehicles and Scooters. Its competitors include ElectricPe, eWheelers and EV India; 2 of its 3 listed competitors have raised funding.

Company details

BikeSetu offers a range of electric scooters targeted at consumers like young people, women, students, and gig workers in India. The company operates through online platforms and physical showrooms, providing models with features such as high range, safety, and affordability starting from 39,999. Based in Jaipur, Rajasthan, they emphasize quality, easy services, and after-sales support, allowing customers to book, test drive, and finance purchases.

  • Headquarters Jaipur, India
  • Founders Shahnawaz Safdar
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website bikesetu.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Setu Autotech Private Limited
  • Date of Incorporation 18 Jul, 2023
  • Jurisdiction Jaipur, Rajasthan, India
Key Metrics
  • Annual Revenue
    ₹4.2 Lakh

    FY 2024

  • Net Profit
    ₹4,087

    FY 2024 · 1% margin

  • EBITDA
    ₹16,546

    FY 2024 · 4% margin

Products & Services of Bikesetu

Bikesetu offers a comprehensive portfolio of products and services, including E1, E2, E3, and E4.

E1
Electric Scooter

Compact scooter with 50 km range and 45-50 km/h speed.

E2
Electric Scooter

Scooter offering 60 km range and 50-60 km/h speed.

E3
Electric Scooter

Model with 80-90 km range and 60-70 km/h speed.

E4
Electric Scooter

Scooter featuring 90-110 km range and 60-70 km/h speed.

Board of directors of Setu Autotech Private Limited (Bikesetu)

Setu Autotech Private Limited is the primary company behind Bikesetu. The board of Setu Autotech Private Limited currently have 2 directors; the longest-serving is Mohammad Shahnawaz Safdar, appointed in 2023.

DirectorDesignationAppointedTenureEntity
Mohammad Shahnawaz Safdar
DIN 02720686
Director18 Jul 20233 yrs 3 moSetu Autotech Private Limited
Ishika Parwani
DIN 09546818
Director18 Jul 20233 yrs 3 moSetu Autotech Private Limited

People of Bikesetu

1 people are tracked at Bikesetu (1 in leadership).

NameRoleGroup
Founder, CEOLeadership
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Financials of Bikesetu

Figures of Setu Autotech Private Limited, the primary company behind Bikesetu, for FY 2024. Revenue was ₹4.2 Lakh. Net profit was ₹4,087 (1% margin). EBITDA was ₹16,546 (4% margin).

  • ₹4.2 LakhRevenue · FY 2024
  • ₹4,087Net profit · 1% margin
  • ₹16,546EBITDA · 4% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Setu Autotech Private Limited are on its company page.

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Detailed financial statements for Bikesetu

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Competitors of Bikesetu

Bikesetu has 3 listed competitors in our database, 2 of them funded. They include ElectricPe, eWheelers and EV India.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
electricpe.com2021Bengaluru, India$11.42M137
Multi-brand electric vehicles are sold with charging services provided.
ewheelers.com2015Hyderabad, India
Manages an e-commerce store specializing in various electric vehicles.
evindia.online2021Ahmedabad, India$25,152
Electric two-wheelers are listed and compared via an online platform.
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Detailed competitors of Bikesetu

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  • Benchmarks
  • Competitive positioning

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Top companies in Electric & Green Mobility

3 companies that operate in the same segment as Bikesetu (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric ride-hailing and cab services are provided via mobile app.
2019Mumbai, Maharashtra, IndiaUSD 168.52 M
Shared electric two-wheelers are rented via an online platform.
2017Bengaluru, Karnataka, IndiaUSD 187.54 MUSD 2.14 M251
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
2013Bengaluru, Karnataka, IndiaUSD 502.02 MUSD 391.37 M1,917
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Frequently Asked Questions about Bikesetu

Bikesetu was founded in 2023.

Bikesetu is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.

Shahnawaz Safdar is the CEO of Bikesetu, as recorded in our data. They have also founded this company.

The primary company behind Bikesetu, Setu Autotech Private Limited, reported revenue of β‚Ή4.2 Lakh for FY 2024.

BikeSetu offers a range of electric scooters targeted at consumers like young people, women, students, and gig workers in India. The company operates through online platforms and physical showrooms, providing models with features such as high range, safety, and affordability starting from 39,999. Based in Jaipur, Rajasthan, they emphasize quality, easy services, and after-sales support, allowing customers to book, test drive, and finance purchases.

Bikesetu's top competitors include ElectricPe, eWheelers and EV India.

Bikesetu offers E1, E2, E3, and E4.

Bikesetu operates through Setu Autotech Private Limited.

The legal entities of Bikesetu currently have 2 directors, including Mohammad Shahnawaz Safdar, Ishika Parwani.

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