About Elthor
Elthor is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2020. It manufactures electric bikes for personal transport and delivery sectors. It operates on a B2C and B2B model. The company has 1 employees. Its Indian entity Elthor Energy Private Limited reported revenue of ₹1.89 Cr. Elthor offers products and services including Elthor Bravo, Elthor Coral, and Elthor H7. Its focus areas include Consumer, Electric Vehicles, Electric Bikes and Personal Transport. Similar companies include Ola Electric, Ather Energy and Hero Electric; 3 of its 3 listed similar companies have raised funding.
Company details
Elthor Energy designs and manufactures electric bikes that are safe, sturdy, and powerful, offering ranges up to 280 km on a single charge. The company focuses on eco-friendly transportation solutions with features like quick charging and high payload capacities. Based in Bangalore, India, it serves individual consumers and delivery businesses through direct sales and partnerships, emphasizing cost savings and environmental benefits.
- Headquarters Bengaluru, India
- Employees 1
- SectorsTransportation, Automotive & Logistics
- Website elthorenergy.com
- Legal Name Elthor Energy Private Limited
- Date of Incorporation 19 Aug, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.89 Cr
FY 2025 · -33% YoY
- Net Loss-₹3.9 Lakh
FY 2025 · -2% margin
- EBITDA₹54,330
FY 2025 · 0% margin
- Employee Count1
Associated legal entities of Elthor
Elthor operates through Elthor Energy 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 |
|---|---|---|---|---|---|---|---|
| Elthor Energy Private Limited CIN U31900KA2020PTC137407 | Active | 19 Aug 2020 | Bangalore, Karnataka | ₹1.9 Cr | 2 | View details |
Products & Services of Elthor
Elthor offers a comprehensive portfolio of products and services, including Elthor Bravo, Elthor Coral, and Elthor H7.
Stylish electric bike for personal use with up to 280 km range
Safe and powerful bike for general commuting purposes
Sturdy bike for delivery with 200 kg payload capacity
Board of directors of Elthor Energy Private Limited (Elthor)
Elthor Energy Private Limited is the primary company behind Elthor. The board of Elthor Energy Private Limited currently have 2 directors; the longest-serving is Parasur Sudhakar Babu, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Parasur Sudhakar Babu DIN 07077150 | Director | 19 Aug 2020 | 6 yrs 2 mo | Elthor Energy Private Limited |
| Parasur Neeraja DIN 07087001 | Director | 19 Aug 2020 | 6 yrs 2 mo | Elthor Energy Private Limited |
Financials of Elthor
Figures of Elthor Energy Private Limited, the primary company behind Elthor, for FY 2025. Revenue was ₹1.89 Cr (-33% year on year). Net loss was -₹3.9 Lakh (-2% margin). EBITDA was ₹54,330 (0% margin). Revenue has grown at a compounded annual rate of -39% over three years.
- ₹1.89 CrRevenue · FY 2025 · -33% YoY
- -₹3.9 LakhNet loss · -2% margin
- ₹54,330EBITDA · 0% margin
- ₹2 LakhPaid-up capital
- -39%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Elthor Energy Private Limited are on its company page.
Detailed financial statements for Elthor
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Similar companies to Elthor
Elthor has 3 listed similar companies in our database, 3 of them funded. They include Ola Electric, Ather Energy and Hero Electric.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| olaelectric.com | 2017 | Bengaluru, India | $999.91M | 3,520 | Electric scooters and motorcycles are manufactured with related accessories. | |
| atherenergy.com | 2013 | Bengaluru, India | $502.02M | 1,755 | Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | |
| heroelectric.in | 2007 | Gurugram, India | $129.6M | 122 | Manufacturer offering electric scooters and mobility solutions |
Detailed similar companies of Elthor
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Top companies in Bicycles & Micro-Mobility
3 companies that operate in the same segment as Elthor (Bicycles & Micro-Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycles are manufactured and distributed from Gurugram, India. | 2004 | Gurugram, Haryana, India | USD 7.46 M | 60 | ||
Manufactures electric bikes for eco-friendly short-distance travel in India. | 2020 | Hyderabad, Telangana, India | USD 456.51 K | |||
Manufacturing of bicycles, e-bikes, and automotive components with a focus on global mobility and engineering solutions. | 2017 | Delhi, Delhi, India | USD 31.87 K | 1 |
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Frequently Asked Questions about Elthor
Elthor was founded in 2020.
Elthor is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Elthor has 1 employees.
The primary company behind Elthor, Elthor Energy Private Limited, reported revenue of ₹1.89 Cr for FY 2025, down 33% year on year.
Elthor Energy designs and manufactures electric bikes that are safe, sturdy, and powerful, offering ranges up to 280 km on a single charge. The company focuses on eco-friendly transportation solutions with features like quick charging and high payload capacities. Based in Bangalore, India, it serves individual consumers and delivery businesses through direct sales and partnerships, emphasizing cost savings and environmental benefits.
Elthor's top competitors include Ather Energy, Ola Electric and Hero Electric.
Elthor offers Elthor Bravo, Elthor Coral, and Elthor H7.
Elthor operates through Elthor Energy Private Limited.
The legal entities of Elthor currently have 2 directors, including Parasur Sudhakar Babu, Parasur Neeraja.