Epick Bikes

Hyderabad, India Founded: 2016 • Age: 10 yrs
Electric bicycles are developed with lightweight designs and speed features.

About Epick Bikes

Epick Bikes is a Transportation, Automotive & Logistics company based in Hyderabad (India) founded in 2016 by Bharath Goud and Sachin Govind. Electric bicycles are developed with lightweight designs and speed features. Epick Bikes has raised $7.04 thousand across 4 funding rounds from investors including Alstom, NSRCEL and MaGEHold. Its Indian entity Centaur Automotive Private Limited reported revenue of β‚Ή19.6 Lakh. Epick Bikes offers products and services including Epick Z1 and Accessories. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Light Electric Vehicles. Its competitors include EMotorad, eBik and Hornback; 3 of its 3 listed competitors have raised funding.

Company details

Epick Bikes was founded in 2016 in Hyderabad, India, focusing on the electric mobility sector. Electric bicycles are produced by the company, incorporating a 25 Kmph speed capability, lightweight construction, and multiple color variants. These vehicles are employed for delivery services and corporate transportation needs within urban environments. Operations center on innovation in sustainable transport solutions for practical applications.

  • Headquarters Hyderabad, India
  • Founders Bharath Goud, Sachin Govind
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website epickbikes.com
  • Social LinkedIn X Instagram
  • Legal Name Centaur Automotive Private Limited
  • Date of Incorporation 03 Oct, 2016
  • Jurisdiction Hyderabad, Telangana, India
Key Metrics
  • Annual Revenue
    ₹19.6 Lakh

    FY 2021 · +378% YoY

  • Net Loss
    -₹44.5 Lakh

    FY 2021 · -227% margin

  • EBITDA
    -₹39.4 Lakh

    FY 2021 · -201% margin

  • Total Equity Funding
    $7.04K (USD)

    in 4 rounds

  • Latest Funding Round
    $882.78 (USD), Angel Round

    Jun 2024

  • Investors
    Alstom

    & 2 more

Products & Services of Epick Bikes

Epick Bikes offers a comprehensive portfolio of products and services, including Epick Z1 and Accessories.

Epick Z1
Electric Bicycle

Electric bike with aluminum frame and GPS for urban commuting and eco-friendly travel.

Accessories
Bike Components

Items like portable batteries and wheels for enhancing e-bike functionality.

Funding Insights of Epick Bikes

Epick Bikes has successfully raised a total of $7.04K across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $882.78 completed in June 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.

  • Total Funding $7,041
  • Total Rounds 4
  • Last Round Angel Round β€” $883
  • Investors Count 3

All 4 funding rounds of Epick Bikes with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2024$883Angel Round––
–
Apr 2024$6,158Angel Round––
–
May 2023Grant––
Jul 2021Seed–MaGEHold
–
Valuation history

3 investors in total: 3 institutional.

Investors in Epick Bikes

Epick Bikes has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Alstom, NSRCEL and MaGEHold.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Incubation and support services for startups in technology, innovation, and social impact in India.
2000nsrcel.orgBengaluru, India
Early-stage startups are invested in by MaGEHold venture capital firm.
magehold.ioHong Kong, China
Hardware products and services for the railway sector are supplied.
1928alstom.comSaint Ouen, France
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Investor details for Epick Bikes

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Board of directors of Centaur Automotive Private Limited (Epick Bikes)

Centaur Automotive Private Limited is the primary company behind Epick Bikes. The boards of the 2 registered companies of Epick Bikes currently have 4 directors; the longest-serving is Edla Reddy Rahul, appointed in 2023. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Edla Reddy Rahul
DIN 07612911
Individual Subscriber23 Jun 20233 yrs 4 moBetheshift Technologies Private Limited
Naga Venkata Satya Sai Aradh Vemula
DIN 06975251
Director31 Aug 20242 yrs 1 moBetheshift Technologies Private Limited
Raju Chinnam
DIN 10212210
Additional Director05 Sep 20242 yrs 1 moCentaur Automotive Private Limited
Varun Reddy Mamidi
DIN 10212211
Additional Director05 Sep 20242 yrs 1 moCentaur Automotive Private Limited

People of Epick Bikes

2 people are tracked at Epick Bikes (2 in leadership).

NameRoleGroup
Bharath Goud
Co-FounderLeadership
Sachin Govind
Co-FounderLeadership
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Financials of Epick Bikes

Figures of Centaur Automotive Private Limited, the primary company behind Epick Bikes, for FY 2021. Revenue was ₹19.6 Lakh (+378% year on year). Net loss was -₹44.5 Lakh (-227% margin). EBITDA was -₹39.4 Lakh (-201% margin). Revenue has grown at a compounded annual rate of +74% over three years.

  • ₹19.6 LakhRevenue · FY 2021 · +378% YoY
  • -₹44.5 LakhNet loss · -227% margin
  • -₹39.4 LakhEBITDA · -201% margin
  • ₹1.1 LakhPaid-up capital
  • +74%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Centaur Automotive Private Limited are on its company page.

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Timeline of Epick Bikes

3 dated milestones of Epick Bikes across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Epick Bikes is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Angel Round, of $883.

Competitors of Epick Bikes

Epick Bikes has 3 listed competitors in our database, 3 of them funded. They include EMotorad, eBik and Hornback.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
emotorad.com2020Pune, India$28.17M197
Electric bicycles and e-bikes are offered via an online platform.
ebik.in2017Delhi, India$529,940
Electric bicycles are manufactured with features for pedal-assisted riding.
hornback.bike2022Hyderabad, India$428,58041
Foldable electric bicycles are provided by Hornback platform.
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Detailed competitors of Epick Bikes

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Web traffic of Epick Bikes

The website of Epick Bikes (epickbikes.com) receives about 1.5K visits a month.

  • Monthly visits
    1.5K

    ▲ 42.7% vs previous month

Top companies in Electric & Green Mobility

3 companies that operate in the same segment as Epick Bikes (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric ride-hailing and cab services are provided via mobile app.
2019Mumbai, Maharashtra, IndiaUSD 168.52 M
Shared electric two-wheelers are rented via an online platform.
2017Bengaluru, Karnataka, IndiaUSD 187.54 MUSD 2.14 M251
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
2013Bengaluru, Karnataka, IndiaUSD 502.02 MUSD 391.37 M1,917
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Related news about Epick Bikes

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Frequently Asked Questions about Epick Bikes

Epick Bikes was founded in 2016 and raised its 1st funding round 5 years after it was founded.

Epick Bikes is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Epick Bikes is a funded company, having raised a total of $7.04K across 4 funding rounds to date.

The primary company behind Epick Bikes, Centaur Automotive Private Limited, reported revenue of β‚Ή19.6 Lakh for FY 2021, up 378% year on year.

Epick Bikes was founded in 2016 in Hyderabad, India, focusing on the electric mobility sector. Electric bicycles are produced by the company, incorporating a 25 Kmph speed capability, lightweight construction, and multiple color variants. These vehicles are employed for delivery services and corporate transportation needs within urban environments. Operations center on innovation in sustainable transport solutions for practical applications.

Epick Bikes's top competitors include EMotorad, eBik and Hornback.

Epick Bikes offers Epick Z1 and Accessories.

Epick Bikes has 3 investors. Key investors include Alstom, NSRCEL, and MaGEHold.

Epick Bikes is associated with 2 legal entities: Centaur Automotive Private Limited, Betheshift Technologies Private Limited.

The legal entities of Epick Bikes currently have 4 directors, including Raju Chinnam, Varun Reddy Mamidi, Naga Venkata Satya Sai Aradh Vemula and others.

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