About eleRide
eleRide is a company based in Pune (India) founded in 2021. It operates as a B2B, and D2C. The company has 1 employees as of March 31, 2023. eleRide offers products and services including BATTRE LOEV, HERO NYX, and LECTRIX E-CITY ZIP. eleRide operates in a competitive market with competitors including Trueno, VA-YU, EV4All and TriEV, among others.
- Headquarter Pune, India
- Employees 1 as on 31 Mar, 2023
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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 Eleride Mobility Solutions Private Limited
- Date of Incorporation 10 Jun, 2021
- Jurisdiction Pune City, Maharashtra, India
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Annual Revenue
$87.14 K (USD)2572.33as on Mar 31, 2023
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Net Profit
$9.68 K (USD)358.19as on Mar 31, 2023
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EBITDA
$28.32 K (USD)983.22as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
1
as on Mar 31, 2023
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Products & Services of eleRide
eleRide offers a comprehensive portfolio of products and services, including BATTRE LOEV, HERO NYX, and LECTRIX E-CITY ZIP. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Detachable battery scooter for affordable rental subscriptions.
High-speed scooter with subscription-based access.
Portable battery scooter for urban commuting rentals.
Funding Insights of eleRide
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by eleRide
| 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 - eleRide
| 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 |
Eleride Comparisons
Competitors of eleRide
eleRide 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 Trueno, VA-YU, EV4All and TriEV, 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 |
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| domain | founded_year | HQ Location |
Electric scooter subscriptions are offered through an app-based platform.
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| domain | founded_year | HQ Location |
Operates an online platform for e-scooter rentals, providing convenient urban mobility solutions.
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| domain | founded_year | HQ Location |
An online platform for subscription-based electric two-wheeler rentals.
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| domain | founded_year | HQ Location |
Electric vehicle subscription platform
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 eleRide
When was eleRide founded?
eleRide was founded in 2021.
Where is eleRide located?
eleRide is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
How many employees does eleRide have?
As of Mar 31, 2023, the latest employee count at eleRide is 1.
What is the annual revenue of eleRide?
Annual revenue of eleRide is $87.14K as on Mar 31, 2023.
What does eleRide do?
eleRide specializes in monthly subscription services for electric 2-wheelers, allowing users to select models like BATTRE LOEV or HERO NYX based on needs. It includes features such as IoT tracking, on-site maintenance, insurance, and easy renewal or swapping. Operating from Pune, India, it serves businesses for fleet management and individuals for daily commuting, promoting sustainable transportation with zero emissions.
What products or services does eleRide offer?
eleRide offers BATTRE LOEV, HERO NYX, and LECTRIX E-CITY ZIP.