About Gogoro
Gogoro is a publicly listed company based in Taipei (Taiwan) founded in 2011 by Horace Luke and Matt Taylor. It operates as an electric scooters are developed and battery swapping networks are operated. Gogoro has raised $765 million across 5 funding rounds from investors including Foxconn Electronics, Hero MotoCorp and GoTo Group. The company has 933 employees. Gogoro was last valued at $2.35 billion in September 2021. Its chief executive is Horace Luke. Its website gogoro.com draws about 938 thousand monthly visits. Its Indian entity Gogoro India Private Limited reported revenue of ₹3.58 Cr. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Two Wheelers. Its competitors include Ola Electric, Ather Energy, Niu, Hero Electric and BGauss and 3 more; 8 of its 8 listed competitors have raised funding.
Company details
Established in 2011 in Taipei, Taiwan, electric scooters with anti-lock braking, front suspensions, swappable batteries, anti-theft features, and performance-displaying apps are produced for urban mobility. A network of battery-swapping stations, supported by AI and cloud systems, is maintained across commercial sites such as parking lots and supermarkets. Batteries are protected by waterproof aluminum casings.
- Headquarters Taipei, Taiwan
- Employees 933
- Founders Horace Luke, Matt Taylor
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Website category Computers Electronics and Technology
- Email••••••••
- Website gogoro.com
- Social LinkedIn X Facebook
- Legal Name Gogoro Inc.
- Annual Revenue₹3.58 Cr
FY 2024
- Net Loss-₹38.87 Cr
FY 2024 · -1087% margin
- EBITDA-₹22.65 Cr
FY 2024 · -633% margin
- Total Equity Funding$765M (USD)
in 5 rounds
- Latest Funding Round$50M (USD), Post-IPO
Jun 2024
- InvestorsFoxconn Electronics
& 15 more
- Employee Count933
Associated legal entities of Gogoro
Gogoro operates through Gogoro India 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 |
|---|---|---|---|---|---|---|---|
| Gogoro India Private Limited CIN U34100DL2022FTC404250 | Active | 07 Sep 2022 | New Delhi, Delhi | ₹3.6 Cr | 35 | 3 | View details |
Funding Insights of Gogoro
Gogoro has successfully raised a total of $765M across 5 strategic funding rounds. The most recent funding activity was a Post-IPO round of $50 million 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 $765M
- Total Rounds 5
- Last Round Post-IPO — $50M
- First Round $50M
(May 2011)
- Investors Count 16
All 5 funding rounds of Gogoro 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 | $50M | Post-IPO | – | – | |
| Jan 2022 | $285M | Post-IPO | – | – | |
| Sep 2017 | $300M | Series C | – | Temasek, Generation Investment Management | – |
| Nov 2015 | $130M | Series B | – | Samuel Yin | |
| May 2011 | $50M | Seed | – | Cher Wang, Samuel Yin | – |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of Gogoro
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Last known valuation $2.35B (Sep 2021). 16 investors in total: 13 institutional and 3 angel.
Investors in Gogoro
Gogoro has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Foxconn Electronics, Hero MotoCorp and GoTo Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
An investment platform is provided for diverse sectors and geographies. | 1974 | temasek.com.sg | Singapore, Singapore | |
Private equity firm focused on sustainable investments | – | generationim.com | London, United Kingdom | |
Engine No. 1 is focused on reindustrializing the United States through investments. | – | engine1.com | - | |
ENGIE New Ventures is focused on cleantech startup investments. | 2014 | engieventures.com | Paris, France | |
- | – | df.gov.tw | - | |
Sector-agnostic investments are made in early-stage Asia Pacific startups. | 1959 | cdibcapitalgroup.com | Taipei, Taiwan | |
Tech companies are funded through venture capital by Princeville Capital. | – | princeville-capital.com | San Francisco, United States | |
Limited information available | 2015 | gotocompany.com | Jakarta, Indonesia | |
Motorcycles, scooters, and electric vehicles are manufactured and distributed. | 1984 | heromotocorp.com | Delhi, India | |
Electronic products and components are manufactured globally by Foxconn. | 1974 | foxconn.com | Taipei, Taiwan |
Investor details for Gogoro
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Board of directors of Gogoro India Private Limited (Gogoro)
Gogoro India Private Limited is the primary company behind Gogoro. The board of Gogoro India Private Limited currently have 3 directors; the longest-serving is Vishal Suresh Dhawan, appointed in 2024. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vishal Suresh Dhawan DIN 08514001 | Whole-time director | 28 Oct 2024 | 1 yr 11 mo | Gogoro India Private Limited |
| Bruce Morrison Aitken DIN 10052217 | Director | 07 Mar 2025 | 1 yr 7 mo | Gogoro India Private Limited |
| Ritika Bhalla DIN 09668373 | Company Secretary | 05 Jun 2025 | 1 yr 4 mo | Gogoro India Private Limited |
People of Gogoro
61 people are tracked at Gogoro (22 in leadership, 1 in board & advisors, 38 in team); the tracked headcount is 933.
| Name | Role | Group |
|---|---|---|
Horace Luke | Co-Founder & CEO | Leadership |
Matt Taylor | Founder | Leadership |
Henry Chiang | CEO | Leadership |
| Chief Financial Officer | Leadership | |
Max Chang | Chief Electrical Engineer | Leadership |
Jeffrey Yeh | Vp, Brand And Image | Leadership |
Theresa Huang | Director Of Service & Operation Excellence Division | Leadership |
Dennis Lam | Head Of Retail | Leadership |
Kunsheng Shen | Director | Leadership |
Shanwen Ho | Talent Acquisition Partner | Leadership |
William Chiang | Director Finance & Corporate Development | Leadership |
Vance Lu | Art Director | Leadership |
Mark Chang | Director | Leadership |
Eva Chiang-Lin | Finance Director Of Revenue | Leadership |
Pass Liao | Chief Operating Officer | Leadership |
Irene Lu | Director Of Business Development | Leadership |
Kanchan Singh | Senior Director - Engineering & Operations - Global Business (engg/manufacturing/purchase/scm) | Leadership |
Yi-Chun Chiang | Global Retail Business Director | Leadership |
Jye Rong | Creative Director, Brand And Image | Leadership |
Jamie Lin | Human Resources Business Partner （assistant Manager) | Leadership |
41 more people are available in the full profile.
Complete people profiles for Gogoro
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IPO & Listings of Gogoro
Gogoro is a publicly listed company on the NASDAQ with ticker symbol GGR in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date04 Apr 2022
- Listed onNASDAQ: GGR
- Listed entityGogoro Inc.
- Exchange sectorConsumer durables
- ISINKYG9491K1397
- Share price$3.24 (+2.53% on the day) · 2026-10-13
- Market capitalisation$47.9M
- EPS (diluted, trailing year)$-3.16
- Volume (last session)22,067
Financials of Gogoro
Figures of Gogoro India Private Limited, the primary company behind Gogoro, for FY 2024. Revenue was ₹3.58 Cr. Net loss was -₹38.87 Cr (-1087% margin). EBITDA was -₹22.65 Cr (-633% margin).
- ₹3.58 CrRevenue · FY 2024
- -₹38.87 CrNet loss · -1087% margin
- -₹22.65 CrEBITDA · -633% margin
- ₹250 CrPaid-up capital
- 35Employees (provident fund records)
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $281.5M | -$80.0M | $28.3M |
| 2024 | $310.6M | -$122.8M | -$5.9M |
| 2023 | $349.9M | -$76.0M | $13.0M |
| 2022 | $382.8M | -$98.9M | -$24.7M |
| 2021 | $366.0M | -$67.4M | $37.5M |
Balance sheet, profit and loss, cash flow and ratios of Gogoro India Private Limited are on its company page.
Detailed financial statements for Gogoro
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Gogoro
5 dated milestones of Gogoro across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Gogoro is founded.
- Funding First funding round of $50.0M.
- Milestone Reaches Unicorn status.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $50.0M.
Competitors of Gogoro
Gogoro has 8 listed competitors in our database, 8 of them funded. They include Ola Electric, Ather Energy, Niu, Hero Electric and BGauss, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| olaelectric.com | 2017 | Bengaluru, India | $999.91M | 3,520 | Electric scooters and motorcycles are manufactured with related accessories. | |
| atherenergy.com | 2013 | Bengaluru, India | $502.02M | 1,755 | Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | |
| niu.com | 2014 | Beijing, China | $50M | 550 | Electric scooters are developed and fleets are provided for ride-sharing. | |
| heroelectric.in | 2007 | Gurugram, India | $129.6M | 122 | Manufacturer offering electric scooters and mobility solutions | |
| bgauss.com | 2020 | Mumbai, India | $24.37M | 633 | Retailer of electric scooters offering test rides, maintenance, and financing | |
| rideriver.com | 2020 | Bengaluru, India | $66M | 396 | Electric scooters are designed and produced for urban mobility. | |
| motovolt.co | 2019 | Kolkata, India | $1.92M | 315 | Electric bicycles with advanced features are developed by Motovolt. | |
| bncmotors.in | 2020 | Coimbatore, India | $8.66M | – | Electric two-wheelers with removable batteries and hub motors are manufactured. |
Detailed competitors of Gogoro
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Web traffic of Gogoro
The website of Gogoro (gogoro.com) receives about 938.1K visits a month and ranks #53,472 among all websites worldwide, #6,443 in Computers Electronics and Technology.
- Monthly visits938.1K
▼ 10.5% vs previous month
- Unique visitors377.2K
per month
- Global rank#53,472
among all websites
- Category rank#6,443
Computers Electronics and Technology · Computers Electronics and Technology
- Bounce rate31%
- Pages per visit3.3
- Average visit2 min 22 sec
- DevicesDesktop 17% · Mobile 83%
Websites whose visitors overlap most with Gogoro. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
applealmond.com | applealmond.com | 100% | – | #64,468 | – |
| mobile01.com | 96% | – | #1,987 | View details | |
koc.com.tw | koc.com.tw | 95% | – | #23,288 | – |
| bnext.com.tw | 88% | – | #17,773 | View details | |
mrmad.com.tw | mrmad.com.tw | 86% | – | #26,760 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Gogoro
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Top companies in Electric & Green Mobility
10 companies that operate in the same segment as Gogoro (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | – | 2,813 | |
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 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – |
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Related news about Gogoro
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Frequently Asked Questions about Gogoro
Gogoro was founded in 2011.
Gogoro is headquartered in Taipei, Taiwan. It is registered at Taipei, Taipei, Taiwan.
Horace Luke is the current CEO of Gogoro. They have also founded this company.
Gogoro is a funded company, having raised a total of $765M across 5 funding rounds to date. The company's 1st funding round was a Seed of $50M, raised on May 2011.
Gogoro has 933 employees.
The primary company behind Gogoro, Gogoro India Private Limited, reported revenue of ₹3.58 Cr for FY 2024.
Established in 2011 in Taipei, Taiwan, electric scooters with anti-lock braking, front suspensions, swappable batteries, anti-theft features, and performance-displaying apps are produced for urban mobility. A network of battery-swapping stations, supported by AI and cloud systems, is maintained across commercial sites such as parking lots and supermarkets. Batteries are protected by waterproof aluminum casings.
Gogoro's top competitors include Ather Energy, Ola Electric and BGauss.
Yes, Gogoro is publicly traded on NASDAQ under the ticker symbol GGR.
Gogoro has 16 investors. Key investors include Foxconn Electronics, Hero MotoCorp, GoTo Group, Panasonic, and Temasek.
The valuation of Gogoro is $2.35B as of Sep 2021.
Gogoro operates through Gogoro India Private Limited.