About Euler Motors
Euler Motors is a company based in Delhi (India) founded in 2018 by Saurav Kumar. Euler Motors has raised $261.04 million across 15 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
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- 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
$261.04 M (USD)
in 15 rounds
-
Latest Funding Round
$47 M (USD), Series E
Mar 25, 2026
-
Investors
Moglix
& 48 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
People of Euler Motors
Unlock access to complete
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.
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
|
Locked | Locked | Locked | |
|
Private debt and equity funds are managed for technology sectors.
|
Locked | Locked | Locked | |
|
Venture debt financing is extended to companies across multiple sectors.
|
Locked | Locked | Locked |
Investor details for Euler Motors
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Euler Motors
Investment portfolio details for Euler Motors
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Euler Motors
Detailed financials for Euler Motors
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Euler Motors Comparisons
Peer comparison for Euler Motors
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
SaaS and AI-based developer of electric-utility vehicle and commercialization management solutions
|
|
| Locked | Locked | Locked |
Electric three-wheelers are designed, manufactured, and marketed for passenger transport.
|
|
| Locked | Locked | Locked |
Three-wheel electric vehicles are manufactured along with hyper-local connectivity services.
|
|
| Locked | Locked | Locked |
Online platform offering electric vehicles and fleet management solutions
|
|
| Locked | Locked | Locked |
Electric mobility solutions are offered via indigenous three-wheelers.
|
Detailed competitors of Euler Motors
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Euler Motors
Complete news archive for Euler Motors
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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 current CEO of Euler Motors. 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.
As of Apr 09, 2024, the latest employee count at Euler Motors is 447.
Annual revenue of Euler Motors is $6.31M as on Mar 31, 2023.
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 Cenntro, Altigreen and ETO Motors.
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.