About Euler Motors
Euler Motors is a company based in Delhi (India) founded in 2018 by Saurav Kumar.. Euler Motors has raised $205.92 million across 13 funding rounds from investors including Moglix, Oxy and Hero MotoCorp. The company has 447 employees as of April 09, 2024. Euler Motors operates in a competitive market with competitors including Cenntro, TI Clean Mobility, 3evi, ETO Motors and Altigreen, among others.
- Headquarter Delhi, India
- Employees 447 as on 09 Apr, 2024
- Founders Saurav Kumar
- Stage Minicorn
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Euler Motors Private Limited
- Date of Incorporation 15 Jan, 2015
- Jurisdiction New Delhi, Delhi, India
-
Annual Revenue
$6.31 M (USD)367.13as on Mar 31, 2023
-
Net Profit
$-20.28 M (USD)-781.3as on Mar 31, 2023
-
EBITDA
$-18.36 M (USD)-1022.83as on Mar 31, 2023
-
Total Equity Funding
$205.92 M (USD)
in 13 rounds
-
Latest Funding Round
$75 M (USD), Series D
May 08, 2025
-
Investors
Moglix
& 46 more
-
Employee Count
447
as on Apr 09, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of Euler Motors
Euler Motors has successfully raised a total of $205.92M across 13 strategic funding rounds. The most recent funding activity was a Series D round of $75 million completed in May 2025. 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 Total Funding
- Total Rounds 13
- Last Round Series D — $75.0M
-
First Round
First Round
(08 Jun 2018)
- Investors Count 47
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Series D - Euler Motors | Valuation | Hero MotoCorp | |
| Mar, 2025 | Amount | Series D - Euler Motors | Valuation |
investors |
|
| Jan, 2025 | Amount | Debt – Conventional - Euler Motors | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Euler Motors
Euler Motors has secured backing from 47 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Moglix, Oxy and Hero MotoCorp. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Private equity investment firm
|
Founded Year | Domain | Location | |
|
Private debt and equity funds are managed for technology sectors.
|
Founded Year | Domain | Location | |
|
Venture debt financing is extended to companies across multiple sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Euler Motors
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Euler Motors
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Euler Motors Comparisons
Competitors of Euler Motors
Euler Motors 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 Cenntro, TI Clean Mobility, 3evi, ETO Motors and Altigreen, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS and AI-based developer of electric-utility vehicle and commercialization management solutions
|
|
| domain | founded_year | HQ Location |
Electric three-wheelers are designed, manufactured, and marketed for passenger transport.
|
|
| domain | founded_year | HQ Location |
Three-wheel electric vehicles are manufactured along with hyper-local connectivity services.
|
|
| domain | founded_year | HQ Location |
Online platform offering electric vehicles and fleet management solutions
|
|
| domain | founded_year | HQ Location |
Electric mobility solutions are offered via indigenous three-wheelers.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Euler Motors
Frequently Asked Questions about Euler Motors
When was Euler Motors founded?
Euler Motors was founded in 2018.
Where is Euler Motors located?
Euler Motors is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Euler Motors?
Saurav Kumar is the current CEO of Euler Motors. They have also founded this company.
Is Euler Motors a funded company?
Euler Motors is a funded company, having raised a total of $205.92M across 13 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $20M, raised on Jun 08, 2018.
How many employees does Euler Motors have?
As of Apr 09, 2024, the latest employee count at Euler Motors is 447.
What is the annual revenue of Euler Motors?
Annual revenue of Euler Motors is $6.31M as on Mar 31, 2023.
What does Euler Motors do?
Euler Motors was founded in 2018 in Delhi, India, within the electric mobility sector. High-capacity three- and four-wheel cargo vehicles are provided, featuring robust payloads, long-range capabilities, fast-charging liquid-cooled batteries, and rugged chassis. Fleet management tools are included to support last-mile urban transport operations across the region.
Who are the top competitors of Euler Motors?
Euler Motors's top competitors include Cenntro, Altigreen and ETO Motors.
Who are Euler Motors's investors?
Euler Motors has 47 investors. Key investors include Moglix, Oxy, Hero MotoCorp, Asian Development Bank, and Piramal Group.
What is Euler Motors's valuation?
The valuation of Euler Motors is $167.66M as of May 2025.