About Eco Charger
Eco Charger is a company founded in 2013 by Fred Chugg.. Eco Charger has raised $2.6 million across 5 funding rounds from investors including HSBC. The company has 3 employees as of March 31, 2022. Eco Charger operates in a competitive market with competitors including Shire Electric Off Road Vehicles and Pulse-EV Ltd, among others.
- Employees 3 as on 31 Mar, 2022
- Founders Fred Chugg
- 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
*********
- Legal Name Eco Charger Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.6 M (USD)
in 5 rounds
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Latest Funding Round
$1.8 M (USD), Seed
Jan 04, 2023
- Investors
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Employee Count
3
as on Mar 31, 2022
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Funding Insights of Eco Charger
Eco Charger has successfully raised a total of $2.6M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $1.8 million completed in January 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 Total Funding
- Total Rounds 5
- Last Round Seed — $1.8M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Seed - Eco Charger | Valuation |
investors |
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| Nov, 2022 | Amount | Seed - Eco Charger | Valuation |
investors |
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| Aug, 2022 | Amount | Debt – Conventional - Eco Charger | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Eco Charger
Eco Charger has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include HSBC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Universal banking and financial advisory services are provided globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Eco Charger
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Eco Charger
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Eco Charger Comparisons
Competitors of Eco Charger
Eco Charger 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 Shire Electric Off Road Vehicles and Pulse-EV Ltd, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Delivers innovative off-road electric vehicles and batteries for commercial and recreational use.
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| domain | founded_year | HQ Location |
Manufactures modular electric vehicles for off-road defence and leisure uses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Eco Charger
When was Eco Charger founded?
Eco Charger was founded in 2013 and raised its 1st funding round 7 years after it was founded.
Is Eco Charger a funded company?
Eco Charger is a funded company, having raised a total of $2.6M across 5 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $412.78K, raised on Jul 15, 2020.
How many employees does Eco Charger have?
As of Mar 31, 2022, the latest employee count at Eco Charger is 3.
What does Eco Charger do?
Founded in 2013, electric all-terrain vehicles are produced through design and development processes. Operations focus on models equipped with 70 V power, speeds up to 50 kmh, and ranges of 110 km. Five vehicle models are currently offered in the electric ATV sector. The founder, Fred Chugg, leads the initiative, with activities centered on sustainable mobility solutions.
Who are the top competitors of Eco Charger?
Eco Charger's top competitors include Shire Electric Off Road Vehicles and Pulse-EV Ltd.
Who are Eco Charger's investors?
Eco Charger has 1 investor. Key investors include HSBC.
What is Eco Charger's valuation?
The valuation of Eco Charger is $6.35M as of Jan 2023.