About ElectricPe
ElectricPe is a company based in Bengaluru (India) founded in 2021 by Avinash Sharma and Raghav Rohila. ElectricPe has raised $11.42 million across 8 funding rounds from investors including Green Frontier Capital, Supermorpheus and Relentless Ventures. The company has 110 employees as of April 02, 2024. ElectricPe offers products and services including ElectricPe App, Mobility Centres, Charging Subscription, and Test Ride Service. ElectricPe operates in a competitive market with competitors including Ultraviolette, Oben Electric, Tork Motors, Greaves Electric Mobility and Motovolt, among others.
- Headquarter Bengaluru, India
- Employees 110 as on 02 Apr, 2024
- Founders Avinash Sharma, Raghav Rohila
- 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
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- Legal Name Wattapp Technologies Private Limited
- Date of Incorporation 20 May, 2021
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$80.56 K (USD)47975.54as on Mar 31, 2023
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Net Profit
-$1.33 M (USD)-474.93as on Mar 31, 2023
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EBITDA
-$1.28 M (USD)-599.57as on Mar 31, 2023
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Total Equity Funding
$11.42 M (USD)
in 8 rounds
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Latest Funding Round
$3 M (USD), Seed
Jul 30, 2024
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Investors
Green Frontier Capital
& 77 more
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Employee Count
110
as on Apr 02, 2024
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Products & Services of ElectricPe
ElectricPe offers a comprehensive portfolio of products and services, including ElectricPe App, Mobility Centres, Charging Subscription, and Test Ride Service.
App for EV charging, test rides, and purchases.
Locations for EV test drives and sales.
One-year free access to EV charging network.
Free or low-cost home and showroom test rides.
Funding Insights of ElectricPe
ElectricPe has successfully raised a total of $11.42M across 8 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in July 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.
Investors in ElectricPe
ElectricPe has secured backing from 78 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Green Frontier Capital, Supermorpheus and Relentless Ventures.
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Venture capital firm investing in sustainable finance and climate tech industries.
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Seed and early-stage investments are made across sectors in India.
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Seed fund VC firm investing in EV ecosystem
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Investor details for ElectricPe
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Investments & Acquisitions by ElectricPe
Investment portfolio details for ElectricPe
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- Transaction dates
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Financial Statements - ElectricPe
Detailed financials for ElectricPe
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Electricpe Comparisons
Peer comparison for ElectricPe
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Competitors of ElectricPe
ElectricPe 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 Ultraviolette, Oben Electric, Tork Motors, Greaves Electric Mobility and Motovolt, among others.
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High-performance electric motorcycles for street and sports use are engineered.
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Electric motorcycles and components are designed and manufactured.
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Electric motorcycles with GPS trackers are manufactured by Tork Motors.
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Manufacturer of electric two and three-wheelers for personal and commercial use
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Electric bicycles with advanced features are developed by Motovolt.
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Detailed competitors of ElectricPe
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Latest news on Electricpe
Complete news archive for ElectricPe
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Frequently Asked Questions about ElectricPe
ElectricPe was founded in 2021.
ElectricPe is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Avinash Sharma is the current CEO of ElectricPe. They have also founded this company.
ElectricPe is a funded company, having raised a total of $11.42M across 8 funding rounds to date.
As of Apr 02, 2024, the latest employee count at ElectricPe is 110.
Annual revenue of ElectricPe is $80.56K as on Mar 31, 2023.
ElectricPe was founded in 2021 in Bengaluru, India, within the electric vehicle sector. Purchases of multi-brand electric vehicles from various manufacturers are facilitated, including financing options and home delivery. A network of charging stations is operated across regions, with subscription services offered for access. Test rides are arranged at showrooms and customer homes to support adoption.
ElectricPe's top competitors include Ultraviolette, Oben Electric and Tork Motors.
ElectricPe offers ElectricPe App, Mobility Centres, Charging Subscription, and Test Ride Service.
ElectricPe has 78 investors. Key investors include Green Frontier Capital, Supermorpheus, Relentless Ventures, Blume Ventures, and Micelio.
The valuation of ElectricPe is $52.11M as of Jul 2024.