About BU4 Auto
BU4 Auto is a Transportation, Automotive & Logistics company based in Ahmedabad (India) founded in 2022 by Bindi Shah and Urvish Shah. It manufactures and sells electric scooters for eco-friendly urban transportation in India. It operates on a B2C and B2B model. BU4 Auto has raised $904 thousand across 1 funding round. The company has 16 employees. Its Indian entity Bu4 Auto Private Limited reported revenue of ₹2.07 Cr. BU4 Auto offers products and services including URON, BU SHINE, BU STAR, PHOENIX, and DODO. Its focus areas include Transportation, Electric Vehicles, Two-wheelers and Scooters. Its competitors include Ola Electric, Ather Energy and BGauss; 3 of its 3 listed competitors have raised funding.
Company details
BU4 Auto Private Limited, founded in 2022, produces electric two-wheelers like URON and BU SHINE. Based in Ahmedabad, India, it focuses on affordable, sustainable vehicles with features such as long battery life and digital displays. The company operates through dealers and direct sales, serving urban and rural consumers while emphasizing environmental benefits and family values. It aims to reduce carbon emissions via innovative EV technology.
- Headquarters Ahmedabad, India
- Employees 16
- Founders Bindi Shah, Urvish Shah
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website bu4auto.com
- Social LinkedIn Facebook Instagram
- Legal Name Bu4 Auto Private Limited
- Date of Incorporation 17 Feb, 2022
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹2.07 Cr
FY 2024 · +6% YoY
- Net Loss-₹1.39 Cr
FY 2024 · -67% margin
- EBITDA-₹1.78 Cr
FY 2024 · -86% margin
- Total Equity Funding$904K (USD)
in 1 rounds
- Latest Funding Round$904K (USD), Seed
Feb 2024
- Employee Count16
Associated legal entities of BU4 Auto
BU4 Auto operates through Bu4 Auto 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 |
|---|---|---|---|---|---|---|---|
| Bu4 Auto Private Limited CIN U35990GJ2022PTC129453 | Active | 17 Feb 2022 | Ahmedabad, Gujarat | ₹2.1 Cr | 16 | 2 | View details |
Products & Services of BU4 Auto
BU4 Auto offers a comprehensive portfolio of products and services, including URON, BU SHINE, BU STAR, PHOENIX, and DODO.
Electric scooter with 120 km range and digital features for daily commuting.
Stylish e-scooter offering 90-110 km range and anti-theft features.
High-speed scooter with cruise control and long-lasting battery.
Durable e-scooter designed for comfort and urban travel.
Compact electric scooter with USB charging and eco-friendly design.
Funding Insights of BU4 Auto
BU4 Auto has successfully raised a total of $904K through 1 strategic funding round. The most recent funding activity was a Seed round of $904 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.
- Total Funding $904,000
- Total Rounds 1
- Last Round Seed — $904,000
- First Round $904,000
(Feb 2024)
All 1 funding rounds of BU4 Auto 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 |
|---|---|---|---|---|---|
| Feb 2024 | $904,000 | Seed | – | – | – |
Board of directors of Bu4 Auto Private Limited (BU4 Auto)
Bu4 Auto Private Limited is the primary company behind BU4 Auto. The board of Bu4 Auto Private Limited currently have 2 directors; the longest-serving is Urvish Mahendrakumar Shah, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Urvish Mahendrakumar Shah DIN 09510099 | Director | 17 Feb 2022 | 4 yrs 8 mo | Bu4 Auto Private Limited |
| Bindi Urvishbhai Shah DIN 07149371 | Director | 17 Feb 2022 | 4 yrs 8 mo | Bu4 Auto Private Limited |
People of BU4 Auto
2 people are tracked at BU4 Auto (2 in leadership); the tracked headcount is 16.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for BU4 Auto
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of BU4 Auto
Figures of Bu4 Auto Private Limited, the primary company behind BU4 Auto, for FY 2024. Revenue was ₹2.07 Cr (+6% year on year). Net loss was -₹1.39 Cr (-67% margin). EBITDA was -₹1.78 Cr (-86% margin).
- ₹2.07 CrRevenue · FY 2024 · +6% YoY
- -₹1.39 CrNet loss · -67% margin
- -₹1.78 CrEBITDA · -86% margin
- ₹2.3 LakhPaid-up capital
- 16Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Bu4 Auto Private Limited are on its company page.
Detailed financial statements for BU4 Auto
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of BU4 Auto
2 dated milestones of BU4 Auto across 2 years, from founding to its latest funding, stage changes and deals.
- Founded BU4 Auto is founded.
- Funding First funding round of $904K.
Competitors of BU4 Auto
BU4 Auto has 3 listed competitors in our database, 3 of them funded. They include Ola Electric, Ather Energy and BGauss.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| olaelectric.com | 2017 | Bengaluru, India | $999.91M | 3,520 | Electric scooters and motorcycles are manufactured with related accessories. | |
| atherenergy.com | 2013 | Bengaluru, India | $502.02M | 1,755 | Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | |
| bgauss.com | 2020 | Mumbai, India | $24.37M | 633 | Retailer of electric scooters offering test rides, maintenance, and financing |
Detailed competitors of BU4 Auto
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of BU4 Auto
The website of BU4 Auto (bu4auto.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▼ 12.9% vs previous month
Top companies in Two Wheeler Rental Services
3 companies that operate in the same segment as BU4 Auto (Two Wheeler Rental Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Financial services encompassing loans, investments, and insurance are delivered in India. | 1979 | Mumbai, Maharashtra, India | USD 1.94 B | |||
Manufactures and markets retro-inspired motorcycles with modern features. | 1929 | Pune, Maharashtra, India | USD 83.25 M | 100 | ||
Offers bike listings, prices, reviews, and comparisons for consumers. | 2012 | Mumbai, Maharashtra, India |
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Frequently Asked Questions about BU4 Auto
BU4 Auto was founded in 2022 and raised its 1st funding round 2 years after it was founded.
BU4 Auto is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
BU4 Auto is a funded company, having raised a total of $904K across 1 funding round to date. The company's 1st funding round was a Seed of $904K, raised on Feb 2024.
BU4 Auto has 16 employees.
The primary company behind BU4 Auto, Bu4 Auto Private Limited, reported revenue of ₹2.07 Cr for FY 2024, up 6% year on year.
BU4 Auto Private Limited, founded in 2022, produces electric two-wheelers like URON and BU SHINE. Based in Ahmedabad, India, it focuses on affordable, sustainable vehicles with features such as long battery life and digital displays. The company operates through dealers and direct sales, serving urban and rural consumers while emphasizing environmental benefits and family values. It aims to reduce carbon emissions via innovative EV technology.
BU4 Auto's top competitors include Ather Energy, Ola Electric and BGauss.
BU4 Auto offers URON, BU SHINE, BU STAR, PHOENIX, and DODO.
BU4 Auto operates through Bu4 Auto Private Limited.
The legal entities of BU4 Auto currently have 2 directors, including Urvish Mahendrakumar Shah, Bindi Urvishbhai Shah.