About Euler Motors
Euler Motors is a Transportation, Automotive & Logistics company based in Delhi (India) founded in 2018 by Saurav Kumar. All-electric commercial vehicles and fleet management tools are offered. Euler Motors has raised $261.04 million across 15 funding rounds from investors including Moglix, Oxy and Hero MotoCorp. The company has 447 employees. Euler Motors was last valued at $167.66 million in May 2025. Its chief executive, as recorded, is Saurav Kumar. Its website eulermotors.com draws about 26 thousand monthly visits. Its Indian entity Euler Motors Private Limited reported revenue of ₹433 Cr. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Commercial Vehicles. Its competitors include TI Clean Mobility, 3evi and ETO Motors; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Delhi, India
- Employees 447
- Founders Saurav Kumar
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website eulermotors.com
- Social LinkedIn X Facebook
- Legal Name Euler Motors Private Limited
- Date of Incorporation 15 Jan, 2015
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹433 Cr
FY 2026 · +101% YoY
- Net Loss-₹315 Cr
FY 2026 · -73% margin
- EBITDA-₹228 Cr
FY 2026 · -53% margin
- Total Equity Funding$261.04M (USD)
in 15 rounds
- Latest Funding Round$47M (USD), Series E
Mar 2026
- InvestorsMoglix
& 48 more
- Employee Count447
Associated legal entities of Euler Motors
Euler Motors operates through Euler Motors Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Euler Motors Private Limited CIN U72900DL2015PTC275513 | Active | 15 Jan 2015 | New Delhi, Delhi | ₹433 Cr | 447 | 6 | View details |
Funding Insights of Euler Motors
Euler Motors has successfully raised a total of $261.04M across 15 strategic funding rounds. The most recent funding activity was a Series E round of $47 million completed in March 2026. 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 $261.04M
- Total Rounds 15
- Last Round Series E — $47M
- First Round $416,517
(Jun 2018)
- Investors Count 49
Latest 10 of 15 funding rounds of Euler Motors with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2026 | $47M | Series E | – | Lightrock | |
| Mar 2026 | $8.12M | Series D | – | – | |
| May 2025 | $75M | Series D | $167.66M | Hero MotoCorp | |
| Mar 2025 | Series D | – | – | ||
| Jan 2025 | $20M | Debt – Conventional | – | – | |
| Jan 2025 | $425,114 | Series C | $82.57M | Trifecta Capital, Innoven Capital | – |
| May 2024 | $24.2M | Series C | $••••• | Piramal Group | |
| Nov 2023 | $14.43M | Series C | – | British International Investment, Green Frontier Capital | |
| Oct 2022 | $60M | Series C | $••••• | GIC | |
| Apr 2022 | $5.11M | Series B | $••••• | Moglix |
| Date | Valuation | Stage |
|---|---|---|
| May 2025 | $167.66M | •••••••• |
| Jan 2025 | $82.57M | •••••••• |
| May 2024 | $••••• | •••••••• |
| Oct 2022 | $••••• | •••••••• |
| Apr 2022 | $••••• | •••••••• |
| Nov 2021 | $••••• | •••••••• |
| Mar 2021 | $••••• | •••••••• |
Full valuation and stage history of Euler Motors
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $167.66M (May 2025). 49 investors in total: 27 institutional and 22 angel.
Investors in Euler Motors
Euler Motors has secured backing from 49 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Moglix, Oxy and Hero MotoCorp.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investment firm | 2003 | responsability.com | Zurich, Switzerland | |
Private debt and equity funds are managed for technology sectors. | trifectacapital.in | Gurugram, India | ||
Venture debt financing is extended to companies across multiple sectors. | 2008 | innovencapital.com | Mumbai, India | |
Government agency focused on small and medium-sized businesses | 1948 | bii.co.uk | London, United Kingdom | |
Seed and early-stage investments are made across sectors in India. | blume.vc | Mumbai, India | ||
Venture debt funding and structured finance for innovative startups in India. | 2018 | alteriacapital.com | Mumbai, India | |
Sovereign wealth is managed and private equity investments are facilitated. | gic.com.sg | Singapore, Singapore | ||
Venture capital firm investing in sustainable finance and climate tech industries. | 2021 | greenfrontiercapital.com | New York, United States | |
Early-stage venture capital investments are provided by Athera. | 2008 | atheravp.com | Bengaluru, India | |
Venture capital firm focused on early-stage companies | qrginvestmentandholdings.tcc.mode | Faridabad, India |
Investor details for Euler Motors
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Board of directors of Euler Motors Private Limited (Euler Motors)
Euler Motors Private Limited is the primary company behind Euler Motors. The board of Euler Motors Private Limited currently have 5 directors; the longest-serving is Saurav Kumar, appointed in 2015. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Saurav Kumar DIN 03196571 | Director | 15 Jan 2015 | 11 yrs 9 mo | Euler Motors Private Limited |
| Gaurav Kumar DIN 07055759 | Director | 15 Jan 2015 | 11 yrs 9 mo | Euler Motors Private Limited |
| Arpit Agarwal DIN 03585313 | Nominee Director | 14 Oct 2022 | 4 yrs | Euler Motors Private Limited |
| Kausalya Nandakumar DIN 11334553 | Nominee Director | 31 Oct 2025 | 11 mo | Euler Motors Private Limited |
| Chirantan Patnaik DIN 11377400 | Nominee Director | 08 Jan 2026 | 9 mo | Euler Motors Private Limited |
People of Euler Motors
80 people are tracked at Euler Motors (12 in leadership, 68 in team); the tracked headcount is 447.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
Vijay Malik | Head-goverment Sales | Leadership |
Vikas Singh Bisht | General Manager | Leadership |
Sidharath J. | Chief Financial Officer | Leadership |
Rohit Gattani | VP - Growth & Vehicle Financing | Core Team | Leadership |
Poorvak Kapoor | Vice President Of Technology | Leadership |
Raman Pandey | Head Of Retail Sales | Leadership |
Akhil Jain | Associate Director Ceo's Office | Leadership |
Ritesh Roy | Head - Expansion ( Sales & Dealer Development ) | Leadership |
Anal Vijay Singh | Vice President Of Manufacturing | Leadership |
Amit Sharma | General Manager | Leadership |
Vani Rikhy Mehra | VP - Sales And Mobility | Leadership |
Brajkishor Kumar | Sr. Executive | Team |
Aakash . | Member Of Technical Staff | Team |
Arup Roy Chowdhury | Regional Sales And Business Development Manager | Team |
Vaibhav Ambetkar | Regional Sales Manager | Team |
Varsha Singh | Line Engineer | Team |
Himanshu Dixit | Steering System Engineer | Team |
Vishal Sharma | Senior Engineer | Team |
Pujit Gandhi | Member Of Technical Staff II | Team |
60 more people are available in the full profile.
Complete people profiles for Euler Motors
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Financials of Euler Motors
Figures of Euler Motors Private Limited, the primary company behind Euler Motors, for FY 2026. Revenue was ₹433 Cr (+101% year on year). Net loss was -₹315 Cr (-73% margin). EBITDA was -₹228 Cr (-53% margin). Revenue has grown at a compounded annual rate of +88% over three years and +108% over five years.
- ₹433 CrRevenue · FY 2026 · +101% YoY
- -₹315 CrNet loss · -73% margin
- -₹228 CrEBITDA · -53% margin
- ₹20.08 CrPaid-up capital
- 447Employees (provident fund records)
- +88%Revenue CAGR, 3 years
- +108%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Euler Motors Private Limited are on its company page.
Detailed financial statements for Euler Motors
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Euler Motors
4 dated milestones of Euler Motors across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Euler Motors is founded.
- Funding First funding round of $417K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series E, of $47.0M.
Competitors of Euler Motors
Euler Motors has 3 listed competitors in our database, 3 of them funded. They include TI Clean Mobility, 3evi and ETO Motors.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ticleanmobility.tcc.mode | 2022 | Chennai, India | $519.2M | 530 | Electric three-wheelers are designed, manufactured, and marketed for passenger transport. | |
| 3evi.com | 2019 | Bengaluru, India | $24.64M | 250 | Three-wheel electric vehicles are manufactured along with hyper-local connectivity services. | |
| etomotors.com | 2018 | Hyderabad, India | $15.2M | 109 | Online platform offering electric vehicles and fleet management solutions |
Detailed competitors of Euler Motors
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Web traffic of Euler Motors
The website of Euler Motors (eulermotors.com) receives about 26.1K visits a month.
- Monthly visits26.1K
▲ 51.2% vs previous month
Websites whose visitors overlap most with Euler Motors. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
manufacturingtodayindia.com | manufacturingtodayindia.com | 100% | #476,102 | – | |
| revampmoto.in | 100% | 22K | #1,152,059 | View details | |
| oxyzo.in | 67% | 27.1K | #589,532 | View details | |
| komaki.in | 62% | 99.1K | #352,188 | View details | |
| hamleys.in | 60% | 514.3K | #70,390 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Euler Motors
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- 9 similar websites
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Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Euler Motors (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 |
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Related news about Euler Motors
Complete news archive for Euler Motors
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Articles about Euler Motors on our blog
Frequently Asked Questions about Euler Motors
Euler Motors was founded in 2018.
Euler Motors is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Saurav Kumar is the CEO of Euler Motors, as recorded in our data. They have also founded this company.
Euler Motors is a funded company, having raised a total of $261.04M across 15 funding rounds to date. The company's 1st funding round was a Series B of $5.11M, raised on Jun 2018.
Euler Motors has 447 employees.
The primary company behind Euler Motors, Euler Motors Private Limited, reported revenue of ₹433 Cr for FY 2026, up 101% year on year.
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.
Euler Motors's top competitors include ETO Motors, TI Clean Mobility and 3evi.
Euler Motors has 49 investors. Key investors include Moglix, Oxy, Hero MotoCorp, Asian Development Bank, and Piramal Group.
The valuation of Euler Motors is $167.66M as of May 2025.
Euler Motors operates through Euler Motors Private Limited.
The legal entities of Euler Motors currently have 6 directors, including Saurav Kumar, Gaurav Kumar, Arpit Agarwal and others.