About Electra EV
Electra EV is a Transportation, Automotive & Logistics company based in Pune (India) founded in 2017 by Ratan N Tata. Developer of electric vehicle powertrain solutions, battery systems, and control systems. Electra EV has raised $25 million across 1 funding round from investors including GEF Capital Partners. The company has 195 employees. Electra EV was last valued at $182.16 million in October 2022. Its chief executive, as recorded, is Samir Yajnik. Its Indian entity Electrodrive Powertrain Solutions Private Limited reported revenue of ₹258 Cr. Electra EV offers products and services including Battery Packs, Traction Units, On Board Charger, Vehicle Control Unit, and Telematics. Its focus areas include Energy Tech, Electric Vehicles, Components and Powertrain Systems. Its competitors include Entuple E-Mobility and C Electric; 2 of its 2 listed competitors have raised funding.
Company details
Electra EV was founded in 2017 in Pune, India, within the electric vehicle sector. Powertrain solutions, battery systems, and control systems are developed, with traction units, battery packs, onboard chargers, and vehicle control units designed and manufactured. Telematics services, traction system design, prototyping, and homologation readiness are provided, alongside after-sales service and diagnostics. Operations emphasize practical product creation.
- Headquarters Pune, India
- Employees 195
- Founders Ratan N Tata
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Phone•••• ••••
- Website electraev.com
- Social LinkedIn X Facebook
- Legal Name Electrodrive Powertrain Solutions Private Limited
- Date of Incorporation 25 Jul, 2017
- Jurisdiction Palladam, Tamil Nadu, India
- Annual Revenue₹258 Cr
FY 2025 · -28% YoY
- Net Loss-₹3.13 Cr
FY 2025 · -1% margin
- EBITDA₹16.05 Cr
FY 2025 · 6% margin
- Total Equity Funding$25M (USD)
in 1 rounds
- Latest Funding Round$25M (USD), Series B
Oct 2022
- Investors
- Employee Count195
Associated legal entities of Electra EV
Electra EV operates through Electrodrive Powertrain Solutions 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 |
|---|---|---|---|---|---|---|---|
| Electrodrive Powertrain Solutions Private Limited CIN U74999TZ2017PTC029256 | Active | 25 Jul 2017 | Palladam, Tamil Nadu | ₹258 Cr | 152 | 4 | View details |
Products & Services of Electra EV
Electra EV offers a comprehensive portfolio of products and services, including Battery Packs, Traction Units, On Board Charger, Vehicle Control Unit, and Telematics.
Lithium-Ion packs for electric vehicles with intelligent BMS.
Motors and controllers for high-performance EV applications.
Efficient chargers compatible with Indian grid conditions.
Units for safe and reliable vehicle management systems.
Devices for fleet monitoring and data analysis.
Funding Insights of Electra EV
Electra EV has successfully raised a total of $25M through 1 strategic funding round. The most recent funding activity was a Series B round of $25 million completed in October 2022. 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 $25M
- Total Rounds 1
- Last Round Series B — $25M
- First Round $25M
(Oct 2022)
- Investors Count 1
All 1 funding rounds of Electra EV 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 |
|---|---|---|---|---|---|
| Oct 2022 | $25M | Series B | $182.16M | GEF Capital Partners | – |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2022 | $182.16M | •••••••• |
Last known valuation $182.16M (Oct 2022). 1 investors in total: 1 institutional.
Investors in Electra EV
Electra EV has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include GEF Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Clean energy infrastructure investments are managed by the fund. | 2018 | gefcapital.com | Sao Paulo, Brazil |
Investor details for Electra EV
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Electrodrive Powertrain Solutions Private Limited (Electra EV)
Electrodrive Powertrain Solutions Private Limited is the primary company behind Electra EV. The board of Electrodrive Powertrain Solutions Private Limited currently have 2 directors; the longest-serving is Sridhar Narayan, appointed in 2022. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sridhar Narayan DIN 00137243 | Nominee Director | 28 Oct 2022 | 4 yrs | Electrodrive Powertrain Solutions Private Limited |
| Samir Yajnik DIN 02094997 | CEO | 26 Apr 2023 | 3 yrs 6 mo | Electrodrive Powertrain Solutions Private Limited |
People of Electra EV
19 people are tracked at Electra EV (13 in leadership, 6 in team); the tracked headcount is 195.
| Name | Role | Group |
|---|---|---|
Ratan N Tata | Founder | Leadership |
| CEO | Leadership | |
Sumeet Dhar | Chief Operating Officer | Leadership |
Priyamvad Mishra | Vice President Engineering & Technology | Leadership |
Nikky Chakko | General Manager Business Development | Leadership |
Ugamoorthi Ramakrishnan | Head ESG And Office Of Strategic Initiatives | Leadership |
Rajiv Yadav | Head Of Talent Acquisition | Leadership |
Nikhil Kumar | Head Human Resource | Leadership |
Shrikant Varpe | Head Of Research And Development | Leadership |
Sidramappa Jirali | Head Mechanical Systems Design EV | Leadership |
Cs Meenal Deshpande | Company Secretary And Legal Head | Leadership |
Himadri Das | Chief Solutions Architect | Leadership |
Antisen A | Practice Head -advanced Product Solution | Leadership |
Akshata Deshmukh | Senior Executive Talent Acquisition | Team |
Kamuju Akash | Zonal Manager | Team |
Vignesh Prakasam | Senior Human Resources Manager | Team |
Pankaj Singh | GM - Sales (ess) | Team |
Devayani Pawar | Human Resources Executive | Team |
Shalvi Tyagi | Control Software Developer | Team |
Complete people profiles for Electra EV
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of Electra EV
Figures of Electrodrive Powertrain Solutions Private Limited, the primary company behind Electra EV, for FY 2025. Revenue was ₹258 Cr (-28% year on year). Net loss was -₹3.13 Cr (-1% margin). EBITDA was ₹16.05 Cr (6% margin). Revenue has grown at a compounded annual rate of +39% over three years and +16% over five years.
- ₹258 CrRevenue · FY 2025 · -28% YoY
- -₹3.13 CrNet loss · -1% margin
- ₹16.05 CrEBITDA · 6% margin
- ₹11.04 CrPaid-up capital
- 152Employees (provident fund records)
- +39%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Electrodrive Powertrain Solutions Private Limited are on its company page.
Detailed financial statements for Electra EV
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Electra EV
3 dated milestones of Electra EV across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Electra EV is founded.
- Funding First funding round of $25.0M.
- Milestone Reaches Minicorn status.
Competitors of Electra EV
Electra EV has 2 listed competitors in our database, 2 of them funded. They include Entuple E-Mobility and C Electric.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| entuplemobility.com | 2019 | Bengaluru, India | $3.6M | 49 | Electric powertrain and turbocharger products are developed for e-mobility adoption. | |
| c-electricdrives.com | 2018 | Kochi, India | $710,663 | 29 | Powertrains for electric two- and three-wheelers are developed. |
Detailed competitors of Electra EV
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Electra EV
The website of Electra EV (electraev.com) receives about 2.8K visits a month.
- Monthly visits2.8K
▼ 39.5% vs previous month
Websites whose visitors overlap most with Electra EV. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| propelind.com | 100% | 12.8K | #1,859,409 | View details |
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Electra EV (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 37.93 M | 401 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 407.47 M | 1,917 |
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Complete news archive for Electra EV
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Frequently Asked Questions about Electra EV
Electra EV was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Electra EV is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Samir Yajnik is the CEO of Electra EV, as recorded in our data.
Electra EV is a funded company, having raised a total of $25M across 1 funding round to date. The company's 1st funding round was a Series B of $25M, raised on Oct 2022.
Electra EV has 195 employees.
The primary company behind Electra EV, Electrodrive Powertrain Solutions Private Limited, reported revenue of ₹258 Cr for FY 2025, down 28% year on year.
Electra EV was founded in 2017 in Pune, India, within the electric vehicle sector. Powertrain solutions, battery systems, and control systems are developed, with traction units, battery packs, onboard chargers, and vehicle control units designed and manufactured. Telematics services, traction system design, prototyping, and homologation readiness are provided, alongside after-sales service and diagnostics. Operations emphasize practical product creation.
Electra EV's top competitors include Entuple E-Mobility and C Electric.
Electra EV offers Battery Packs, Traction Units, On Board Charger, Vehicle Control Unit, and Telematics.
Electra EV has 1 investor. Key investors include GEF Capital Partners.
The valuation of Electra EV is $182.16M as of Oct 2022.
Electra EV operates through Electrodrive Powertrain Solutions Private Limited.