About Curve Electric
Curve Electric is a Transportation, Automotive & Logistics company based in Srinagar (India) founded in 2023 by Sheikh Yameen and MBG Mohsin. E-bicycles are rented online via a user booking platform. Curve Electric has raised $1 million across 1 funding round. The company has 1 employees. Its Indian entity Heaventure Adventures Private Limited reported revenue of ₹41.7 Lakh. Curve Electric offers products and services including E-Bike Rental and Franchise Program. Its focus areas include Energy Tech, Electric Vehicles, Vehicle as a Service and Bicycles. Its competitors include Tilt, Coo Rides and eZpedal; 2 of its 3 listed competitors have raised funding.
Company details
Curve Electric was founded in 2023 in Srinagar, India, as an online platform for e-bicycle rentals. Bookings are facilitated by users submitting location, company details, personal information, and payment data. Operations focus on the mobility sector, enabling access to electric bicycles through a digital interface. Services are provided primarily in urban areas, with emphasis on seamless reservation processes.
- Headquarters Srinagar, India
- Employees 1
- Founders Sheikh Yameen, MBG Mohsin
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website curveelectric.com
- Social LinkedIn Instagram
- Legal Name Heaventure Adventures Private Limited
- Date of Incorporation 02 May, 2022
- Jurisdiction Srinagar, Jammu and Kashmir, India
- Annual Revenue₹41.7 Lakh
FY 2025 · +83% YoY
- Net Loss-₹16.6 Lakh
FY 2025 · -40% margin
- EBITDA-₹5.5 Lakh
FY 2025 · -13% margin
- Total Equity Funding$1M (USD)
in 1 rounds
- Latest Funding Round$1M (USD), Angel Round
Feb 2025
- Employee Count1
Associated legal entities of Curve Electric
Curve Electric operates through Heaventure Adventures Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Heaventure Adventures Private Limited CIN U84130JK2022PTC013398 | Active | 02 May 2022 | Srinagar, Jammu and Kashmir | ₹0.4 Cr | 2 | View details |
Products & Services of Curve Electric
Curve Electric offers a comprehensive portfolio of products and services, including E-Bike Rental and Franchise Program.
Platform for renting e-bikes to support eco-friendly urban commuting.
Opportunity for individuals to operate e-bike rental services locally.
Funding Insights of Curve Electric
Curve Electric has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Angel Round of $1 million completed in February 2025. 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 $1M
- Total Rounds 1
- Last Round Angel Round — $1M
- First Round $1M
(Feb 2025)
All 1 funding rounds of Curve Electric 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 2025 | $1M | Angel Round | – | – | – |
Board of directors of Heaventure Adventures Private Limited (Curve Electric)
Heaventure Adventures Private Limited is the primary company behind Curve Electric. The board of Heaventure Adventures Private Limited currently have 2 directors; the longest-serving is Sheikh Yameen, appointed in 2022. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sheikh Yameen DIN 09593477 | Managing Director | 02 May 2022 | 4 yrs 5 mo | Heaventure Adventures Private Limited |
| Zubair Ahmed Bhat DIN 10507809 | Director | 15 Feb 2024 | 2 yrs 8 mo | Heaventure Adventures Private Limited |
People of Curve Electric
2 people are tracked at Curve Electric (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
MBG Mohsin | Co-Founder | Leadership |
Complete people profiles for Curve Electric
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 Curve Electric
Figures of Heaventure Adventures Private Limited, the primary company behind Curve Electric, for FY 2025. Revenue was ₹41.7 Lakh (+83% year on year). Net loss was -₹16.6 Lakh (-40% margin). EBITDA was -₹5.5 Lakh (-13% margin).
- ₹41.7 LakhRevenue · FY 2025 · +83% YoY
- -₹16.6 LakhNet loss · -40% margin
- -₹5.5 LakhEBITDA · -13% margin
- ₹52,022Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of Heaventure Adventures Private Limited are on its company page.
Detailed financial statements for Curve Electric
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 Curve Electric
2 dated milestones of Curve Electric across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Curve Electric is founded.
- Funding First funding round of $1.0M.
Competitors of Curve Electric
Curve Electric has 3 listed competitors in our database, 2 of them funded. They include Tilt, Coo Rides and eZpedal.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tilt.bike | 2016 | Bengaluru, India | $125,000 | 2 | Shared bicycle services are provided for residential campuses. | |
| coorides.in | 2018 | Bengaluru, India | Operates an online platform for bicycle rentals. | |||
| ezpedal.in | 2023 | Pune, India | $420,021 | Operates an online platform for electric bicycle rental services. |
Detailed competitors of Curve Electric
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 Curve Electric
The website of Curve Electric (curveelectric.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▼ 59.7% vs previous month
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Curve Electric (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 502.02 M | USD 391.37 M | 1,917 |
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Frequently Asked Questions about Curve Electric
Curve Electric was founded in 2023 and raised its 1st funding round 2 years after it was founded.
Curve Electric is headquartered in Srinagar, India. It is registered at Srinagar, Jammu And Kashmir, India.
Curve Electric is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Angel Round of $1M, raised on Feb 2025.
Curve Electric has 1 employees.
The primary company behind Curve Electric, Heaventure Adventures Private Limited, reported revenue of ₹41.7 Lakh for FY 2025, up 83% year on year.
Curve Electric was founded in 2023 in Srinagar, India, as an online platform for e-bicycle rentals. Bookings are facilitated by users submitting location, company details, personal information, and payment data. Operations focus on the mobility sector, enabling access to electric bicycles through a digital interface. Services are provided primarily in urban areas, with emphasis on seamless reservation processes.
Curve Electric offers E-Bike Rental and Franchise Program.
Curve Electric operates through Heaventure Adventures Private Limited.
The legal entities of Curve Electric currently have 2 directors, including Sheikh Yameen, Zubair Ahmed Bhat.