About eZpedal
eZpedal is a company based in Pune (India) founded in 2023 by Prathyush Sreenivasan and Nikheel Dilip Deshmukh. It operates as a B2C. eZpedal has raised $420.02 thousand across 1 funding round from investors including Navyug Namdhari Eco Drive. eZpedal operates in a competitive market with competitors including VAIMOO, Coo Rides, Curve Electric, Alohago and EZE Electric Mobility, among others.
- Headquarter Pune, India
- Founders Prathyush Sreenivasan, Nikheel Dilip Deshmukh
- SectorsTransportation, Automotive & Logistics
- Website ezpedal.in
- Social X
- Total Equity Funding$420.02K (USD)
in 1 rounds
- Latest Funding Round$420.02K (USD), Seed
Jun 2024
- Investors
Funding Insights of eZpedal
eZpedal has successfully raised a total of $420.02K through 1 strategic funding round. The most recent funding activity was a Seed round of $420.02 thousand completed in June 2024. 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 $420,021
- Total Rounds 1
- Last Round Seed — $420,021
- First Round $420,021
(Jun 2024)
- Investors Count 1
All 1 funding rounds of eZpedal 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 |
|---|---|---|---|---|---|
| Jun 2024 | $420,021 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in eZpedal
eZpedal has secured backing from 1 investor. Prominent investors backing the company include Navyug Namdhari Eco Drive.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Bicycles are manufactured by Navyug Namdhari Eco Drive. | 1950 | nneworld.com | Ludhiana, India |
Investor details for eZpedal
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of eZpedal
2 people are tracked at eZpedal (2 in leadership).
| Name | Role | Group |
|---|---|---|
Prathyush Sreenivasan | Co-Founder | Leadership |
Nikheel Dilip Deshmukh | Co-Founder, CEO | Leadership |
Complete people profiles for eZpedal
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of eZpedal
2 dated milestones of eZpedal across 1 years, from founding to its latest funding, stage changes and deals.
- Founded eZpedal is founded.
- Funding First funding round of $420K.
Competitors of eZpedal
eZpedal 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 VAIMOO, Coo Rides, Curve Electric, Alohago and EZE Electric Mobility, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vaimoo.com | 2019 | – | – | – | End-to-end SaaS platform for micromobility fleet management is provided. | |
| coorides.in | 2018 | Bengaluru, India | – | – | Operates an online platform for bicycle rentals. | |
| curveelectric.com | 2023 | Srinagar, India | – | – | E-bicycles are rented online via a user booking platform. | |
| alohago.bike | 2019 | Gurugram, India | – | – | App-based platform for convenient e-bike rentals. | |
| ezeindia.com | 2018 | Chennai, India | – | – | Provides a mobile application for e-bike rental services. | |
| tezzmobility.com | 2020 | Mumbai, India | – | – | Operates an app-based platform for e-bike rentals. |
Detailed competitors of eZpedal
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to eZpedal
10 companies that operate in the same segment as eZpedal (Bicycles & Micro-Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycles, apparel, and cycling gear are manufactured by Giant Bicycles. | 1972 | Taichung, Taiwan | – | – | – | |
Bicycles are manufactured and distributed from Gurugram, India. | 2004 | Gurugram, Haryana, India | – | USD 7.46 M | 60 | |
Manufactures electric bikes for eco-friendly short-distance travel in India. | 2020 | Hyderabad, Telangana, India | – | USD 456.51 K | – | |
Manufacturing of bicycles, e-bikes, and automotive components with a focus on global mobility and engineering solutions. | 2017 | Delhi, Delhi, India | – | USD 31.87 K | 1 | |
Manufacturer and supplier of bicycles | 1971 | Wilton, United States | – | – | – | |
Bicycles are rented online and unlocked via QR code scans. | 2017 | Delhi, Delhi, India | – | USD 3 M | 909 | |
– | 1964 | Canada | – | – | – | |
Mini-Metro manufactures electric tricycles for sustainable urban mobility solutions. | 2014 | Delhi, Delhi, India | – | – | 245 | |
Various models of electric bicycles are developed by Gazelle. | 1892 | Dieren, Gelderland, Netherlands | – | – | – | |
Offers electric bicycles, cargo e-bikes, and accessories for daily transportation. | 2020 | Gurugram, Haryana, India | – | USD 4.05 K | 96 |
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Frequently Asked Questions about eZpedal
eZpedal was founded in 2023 and raised its 1st funding round 1 year after it was founded.
eZpedal is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Nikheel Dilip Deshmukh is the current CEO of eZpedal. They have also founded this company.
eZpedal is a funded company, having raised a total of $420.02K across 1 funding round to date. The company's 1st funding round was a Seed of $420.02K, raised on Jun 2024.
eZpedal operates an online platform for electric bicycle rental services, focusing on providing transportation services, sharing economy, bicycle rental, and electric bikes. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
eZpedal's top competitors include VAIMOO, Coo Rides and Curve Electric.
eZpedal has 1 investor. Key investors include Navyug Namdhari Eco Drive.