About Goreen
Goreen was a Transportation, Automotive & Logistics company based in Delhi (India) founded in 2016 by Amit Raj Singh and Bhanu Kumar. It manufactures high-quality electric scooters for urban mobility. It operates on a B2C model. The company has 8 employees. Its Indian entity Goreen E-Mobility Private Limited reported revenue of ₹40.33 Cr. The company is recorded as dissolved. Its focus areas include Manufacturing, Automotive, Electric Vehicles and Scooters. Similar companies include Ola Electric, Ather Energy and Hero Electric; 3 of its 3 listed similar companies have raised funding.
Company details
Goreen manufactures high-quality electric scooters for urban mobility through producing manufactured goods, dealing with automotive parts, developing electric vehicles, and scooters. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Delhi, India
- Employees 8
- Founders Amit Raj Singh, Bhanu Kumar
- SectorsTransportation, Automotive & Logistics
- Website goreen.in
- Social X Facebook
- Legal Name Goreen E-Mobility Private Limited
- Date of Incorporation 19 Apr, 2019
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹40.33 Cr
FY 2024 · -48% YoY
- Net Loss-₹5.67 Cr
FY 2024 · -14% margin
- EBITDA-₹3.88 Cr
FY 2024 · -10% margin
- Employee Count8
Associated legal entities of Goreen
Goreen operates through Goreen E-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 |
|---|---|---|---|---|---|---|---|
| Goreen E-Mobility Private Limited CIN U34100DL2019PTC348857 | Active | 19 Apr 2019 | New Delhi, Delhi | ₹40.3 Cr | 8 | 2 | View details |
Board of directors of Goreen E-Mobility Private Limited (Goreen)
Goreen E-Mobility Private Limited is the primary company behind Goreen. The board of Goreen E-Mobility Private Limited currently have 2 directors; the longest-serving is Amit Raj Singh, appointed in 2019. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amit Raj Singh DIN 08284782 | Director | 19 Apr 2019 | 7 yrs 6 mo | Goreen E-Mobility Private Limited |
| Kshitij Kumar DIN 08600404 | Director | 28 Oct 2019 | 6 yrs 11 mo | Goreen E-Mobility Private Limited |
People of Goreen
2 people are tracked at Goreen (2 in leadership); the tracked headcount is 8.
| Name | Role | Group |
|---|---|---|
| Co-Founder, Managing Director | Leadership | |
| Co-Founder, Managing Director | Leadership |
Complete people profiles for Goreen
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Financials of Goreen
Figures of Goreen E-Mobility Private Limited, the primary company behind Goreen, for FY 2024. Revenue was ₹40.33 Cr (-48% year on year). Net loss was -₹5.67 Cr (-14% margin). EBITDA was -₹3.88 Cr (-10% margin). Revenue has grown at a compounded annual rate of +49% over three years.
- ₹40.33 CrRevenue · FY 2024 · -48% YoY
- -₹5.67 CrNet loss · -14% margin
- -₹3.88 CrEBITDA · -10% margin
- ₹3 LakhPaid-up capital
- 8Employees (provident fund records)
- +49%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Goreen E-Mobility Private Limited are on its company page.
Detailed financial statements for Goreen
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Similar companies to Goreen
Goreen has 3 listed similar companies in our database, 3 of them funded. They include Ola Electric, Ather Energy and Hero Electric.
| 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 | |
| heroelectric.in | 2007 | Gurugram, India | $129.6M | 122 | Manufacturer offering electric scooters and mobility solutions |
Detailed similar companies of Goreen
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Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Goreen (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 Goreen
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Frequently Asked Questions about Goreen
Goreen was founded in 2016.
Goreen is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Goreen has 8 employees.
The primary company behind Goreen, Goreen E-Mobility Private Limited, reported revenue of ₹40.33 Cr for FY 2024, down 48% year on year.
Goreen manufactures high-quality electric scooters for urban mobility through producing manufactured goods, dealing with automotive parts, developing electric vehicles, and scooters. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Goreen's top competitors include Ather Energy, Ola Electric and Hero Electric.
Goreen operates through Goreen E-Mobility Private Limited.
The legal entities of Goreen currently have 2 directors, including Kshitij Kumar, Amit Raj Singh.