About EV Motors India
EV Motors India is a company based in Delhi (India) founded in 2016 by Rachin Sapra. EV Motors India has raised $2.48 million across 5 funding rounds from investors including Aeci World, Rajan Chhibbar and Vijay Chhibber. EV Motors India operates in a competitive market with competitors including ChargePoint, Bolt.Earth, Charge Zone, ChargeNet Holdings and EVRE, among others.
- Headquarter Delhi, India
- Founders Rachin Sapra
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
***********
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Phone
*********
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Website
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- Legal Name Ev Motors India Private Limited
- Date of Incorporation 08 Jan, 2016
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$229.84 K (USD)63.57as on Mar 31, 2022
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Net Profit
$5.11 K (USD)73.6as on Mar 31, 2022
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EBITDA
$27.4 K (USD)-6.73as on Mar 31, 2022
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Total Equity Funding
$2.48 M (USD)
in 5 rounds
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Latest Funding Round
$196.65 K (USD), Angel Round
May 19, 2021
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Investors
Aeci World
& 8 more
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Employee Count
Employee Count
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Funding Insights of EV Motors India
EV Motors India has successfully raised a total of $2.48M across 5 strategic funding rounds. The most recent funding activity was a Angel Round of $196.65 thousand completed in May 2021. 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 5
- Last Round Angel Round — $196,649
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First Round
First Round
(20 Dec 2016)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Angel Round - EV Motors India | Valuation | Rajan Chhibbar , Vijay Chhibber | |
| Mar, 2020 | Amount | Seed - EV Motors India | Valuation | AECI | |
| Oct, 2018 | Amount | Seed - EV Motors India | Valuation | Kanti Dhanda , Sheila Dhanda |
Investors in EV Motors India
EV Motors India has secured backing from 9 investors, including angel and institutional investors. Prominent investors backing the company include Aeci World, Rajan Chhibbar and Vijay Chhibber.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Manufacturer of specialty chemicals
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Founded Year | Domain | Location | |
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RC
Rajan Chhibbar |
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Founded Year | Domain | Location |
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VC
Vijay Chhibber |
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Founded Year | Domain | Location |
Investments & Acquisitions by EV Motors India
Financial Statements - EV Motors India
Ev Motors India Comparisons
Competitors of EV Motors India
EV Motors India 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 ChargePoint, Bolt.Earth, Charge Zone, ChargeNet Holdings and EVRE, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-enabled EV charging stations are operated for diverse sectors.
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| domain | founded_year | HQ Location |
EV charging hardware, software, and maintenance services are offered.
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| domain | founded_year | HQ Location |
Electric vehicle charging stations and management software are provided.
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| domain | founded_year | HQ Location |
SaaS and AI-enabled platform offering electric vehicle charging and management solutions
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| domain | founded_year | HQ Location |
Electric vehicle charging solutions are offered via an integrated platform.
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| domain | founded_year | HQ Location |
Provider of end-to-end EV charging management solutions
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Frequently Asked Questions about EV Motors India
EV Motors India was founded in 2016.
EV Motors India is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
EV Motors India is a funded company, having raised a total of $2.48M across 5 funding rounds to date. The company's 1st funding round was a Seed of $1.4M, raised on Dec 20, 2016.
Annual revenue of EV Motors India is $229.84K as on Mar 31, 2022.
EV Motors India was established in 2016 in Delhi, India, within the electric vehicle sector. Charging infrastructure for electric vehicles is developed, alongside the production of Lithium-Ion batteries. An integrated and scalable solution has been implemented, which is utilized by last-mile delivery operators in food, e-commerce, and courier services across operations.
EV Motors India's top competitors include Bolt.Earth, ChargePoint and Charge Zone.
EV Motors India has 9 investors. Key investors include Aeci World, Rajan Chhibbar, Vijay Chhibber, Kanti Dhanda, and Sheila Dhanda.
The valuation of EV Motors India is $11.93M as of May 2021.