About EVhicle
EVhicle is a Transportation, Automotive & Logistics company based in Pune (India) founded in 2020. Powertrain systems for electric commercial vehicles are developed. The company has 1 employees. Its Indian entity Evhicle Mobility Private Limited reported revenue of ₹29.8 Lakh. Its focus areas include Energy Tech, Electric Vehicles, Components and Powertrain Systems.
Company details
EVhicle was founded in 2020 and is based in Pune, India. Operations focus on the electric vehicle sector, where powertrain systems for commercial vehicles are developed. Components such as batteries, controller units, and auxiliary systemsincluding brakes, thermal management, and charging interfacesare produced. The platform supports integration of these elements for broader EV applications in the commercial transport industry.
- Headquarters Pune, India
- Employees 1
- SectorsTransportation, Automotive & Logistics
- Website evhicle.co.in
- Social LinkedIn
- Legal Name Evhicle Mobility Private Limited
- Date of Incorporation 05 Jul, 2020
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹29.8 Lakh
FY 2024 · +295% YoY
- Net Profit₹13.8 Lakh
FY 2024 · 46% margin
- EBITDA₹14.7 Lakh
FY 2024 · 49% margin
- Investors
- Employee Count1
Associated legal entities of EVhicle
EVhicle operates through Evhicle Mobility Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Evhicle Mobility Private Limited CIN U29309PN2020PTC191723 | Active | 05 Jul 2020 | Pune, Maharashtra | ₹0.3 Cr | 3 | View details |
Funding Insights of EVhicle
- Total Rounds 2
- Investors Count 1
All 2 funding rounds of EVhicle 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 |
|---|---|---|---|---|---|
| Nov 2023 | Seed | – | Seafund | – | |
| Dec 2021 | Grant | – | – | – |
1 investors in total: 1 institutional.
Investors in EVhicle
EVhicle has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Seafund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in deeptech startups, providing capital and strategic support in Bangalore. | 2018 | seafund.in | Bengaluru, India |
Investor details for EVhicle
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Board of directors of Evhicle Mobility Private Limited (EVhicle)
Evhicle Mobility Private Limited is the primary company behind EVhicle. The board of Evhicle Mobility Private Limited currently have 3 directors; the longest-serving is Shrikant Vithal Deshmukh, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shrikant Vithal Deshmukh DIN 02982238 | Director | 05 Jul 2020 | 6 yrs 3 mo | Evhicle Mobility Private Limited |
| Harshad Sunil Bokil DIN 08782761 | Director | 05 Jul 2020 | 6 yrs 3 mo | Evhicle Mobility Private Limited |
| Sanjay Krishna Patil DIN 08782760 | Director | 05 Jul 2020 | 6 yrs 3 mo | Evhicle Mobility Private Limited |
Financials of EVhicle
Figures of Evhicle Mobility Private Limited, the primary company behind EVhicle, for FY 2024. Revenue was ₹29.8 Lakh (+295% year on year). Net profit was ₹13.8 Lakh (46% margin). EBITDA was ₹14.7 Lakh (49% margin).
- ₹29.8 LakhRevenue · FY 2024 · +295% YoY
- ₹13.8 LakhNet profit · 46% margin
- ₹14.7 LakhEBITDA · 49% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Evhicle Mobility Private Limited are on its company page.
Detailed financial statements for EVhicle
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of EVhicle
3 dated milestones of EVhicle across 3 years, from founding to its latest funding, stage changes and deals.
- Founded EVhicle is founded.
- Funding First funding round.
- Funding Latest funding round, Seed,.
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as EVhicle (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 Evhicle
Complete news archive for EVhicle
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Frequently Asked Questions about EVhicle
EVhicle was founded in 2020 and raised its 1st funding round 1 year after it was founded.
EVhicle is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
EVhicle has 1 employees.
The primary company behind EVhicle, Evhicle Mobility Private Limited, reported revenue of ₹29.8 Lakh for FY 2024, up 295% year on year.
EVhicle was founded in 2020 and is based in Pune, India. Operations focus on the electric vehicle sector, where powertrain systems for commercial vehicles are developed. Components such as batteries, controller units, and auxiliary systemsincluding brakes, thermal management, and charging interfacesare produced. The platform supports integration of these elements for broader EV applications in the commercial transport industry.
EVhicle has 1 investor. Key investors include Seafund.
EVhicle operates through Evhicle Mobility Private Limited.
The legal entities of EVhicle currently have 3 directors, including Shrikant Vithal Deshmukh, Harshad Sunil Bokil, Sanjay Krishna Patil.