About GoZero
GoZero is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2018 by Sumit Ranjan. Electric bicycles are developed for eco-friendly personal and delivery transport. GoZero has raised $250 thousand across 1 funding round from investors including KSL Cleantech. Its Indian entity Gozero Mobility Private Limited reported revenue of ₹92.1 Lakh. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Light Electric Vehicles. Its competitors include EMotorad, eBik and Hornback; 3 of its 3 listed competitors have raised funding.
Company details
GoZero was founded in 2018 and is based in Gurugram, India. Operations focus on the electric bicycle sector, where solutions for personal transportation and delivery services are provided. Bicycles are equipped with a 250W electric motor and removable Lithium batteries, enabling a range of up to 60 km per charge. The domain gozero.in is used for online presence, with Sumit Ranjan serving as co-founder.
- Headquarters Gurugram, India
- Founders Sumit Ranjan
- SectorsTransportation, Automotive & Logistics
- Phone•••• ••••
- Website gozero.in
- Social LinkedIn X Facebook
- Legal Name Gozero Mobility Private Limited
- Date of Incorporation 11 May, 2018
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹92.1 Lakh
FY 2021 · +73% YoY
- Net Loss-₹37.8 Lakh
FY 2021 · -41% margin
- EBITDA-₹37.7 Lakh
FY 2021 · -41% margin
- Total Equity Funding$250K (USD)
in 1 rounds
- Latest Funding Round$250K (USD), Seed
Mar 2019
- Investors
Associated legal entities of GoZero
GoZero operates through Gozero Mobility Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Gozero Mobility Private Limited CIN U74999WB2018PTC226069 | Active | 11 May 2018 | Kolkata, West Bengal | ₹0.9 Cr | 2 | View details |
Funding Insights of GoZero
GoZero has successfully raised a total of $250K through 1 strategic funding round. The most recent funding activity was a Seed round of $250 thousand completed in March 2019. 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 $250,000
- Total Rounds 1
- Last Round Seed — $250,000
- First Round $250,000
(Mar 2019)
- Investors Count 1
All 1 funding rounds of GoZero 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 |
|---|---|---|---|---|---|
| Mar 2019 | $250,000 | Seed | – | KSL Cleantech | – |
1 investors in total: 1 institutional.
Investors in GoZero
GoZero has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include KSL Cleantech.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provides solar energy solutions including design, installation, and maintenance services. | 2008 | kslcleantech.com | Kolkata, India |
Investor details for GoZero
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Board of directors of Gozero Mobility Private Limited (GoZero)
Gozero Mobility Private Limited is the primary company behind GoZero. The board of Gozero Mobility Private Limited currently have 2 directors; the longest-serving is Kumar Sumit Ranjan, appointed in 2018. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kumar Sumit Ranjan DIN 07763160 | Director | 11 May 2018 | 8 yrs 6 mo | Gozero Mobility Private Limited |
| Pratul Kumar Goswami DIN 03624732 | Additional Director | 20 Apr 2022 | 4 yrs 6 mo | Gozero Mobility Private Limited |
People of GoZero
1 people are tracked at GoZero (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for GoZero
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Financials of GoZero
Figures of Gozero Mobility Private Limited, the primary company behind GoZero, for FY 2021. Revenue was ₹92.1 Lakh (+73% year on year). Net loss was -₹37.8 Lakh (-41% margin). EBITDA was -₹37.7 Lakh (-41% margin).
- ₹92.1 LakhRevenue · FY 2021 · +73% YoY
- -₹37.8 LakhNet loss · -41% margin
- -₹37.7 LakhEBITDA · -41% margin
- ₹1.8 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Gozero Mobility Private Limited are on its company page.
Detailed financial statements for GoZero
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of GoZero
2 dated milestones of GoZero across 1 years, from founding to its latest funding, stage changes and deals.
- Founded GoZero is founded.
- Funding First funding round of $250K.
Competitors of GoZero
GoZero has 3 listed competitors in our database, 3 of them funded. They include EMotorad, eBik and Hornback.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| emotorad.com | 2020 | Pune, India | $28.17M | 197 | Electric bicycles and e-bikes are offered via an online platform. | |
| ebik.in | 2017 | Delhi, India | $529,940 | Electric bicycles are manufactured with features for pedal-assisted riding. | ||
| hornback.bike | 2022 | Hyderabad, India | $428,580 | 41 | Foldable electric bicycles are provided by Hornback platform. |
Detailed competitors of GoZero
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Top companies in Electric & Green Mobility
3 companies that operate in the same segment as GoZero (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 37.93 M | 401 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 407.47 M | 1,917 |
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Related news about Gozero
Complete news archive for GoZero
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Frequently Asked Questions about GoZero
GoZero was founded in 2018 and raised its 1st funding round 1 year after it was founded.
GoZero is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
GoZero is a funded company, having raised a total of $250K across 1 funding round to date. The company's 1st funding round was a Seed of $250K, raised on Mar 2019.
The primary company behind GoZero, Gozero Mobility Private Limited, reported revenue of ₹92.1 Lakh for FY 2021, up 73% year on year.
GoZero was founded in 2018 and is based in Gurugram, India. Operations focus on the electric bicycle sector, where solutions for personal transportation and delivery services are provided. Bicycles are equipped with a 250W electric motor and removable Lithium batteries, enabling a range of up to 60 km per charge. The domain gozero.in is used for online presence, with Sumit Ranjan serving as co-founder.
GoZero has 1 investor. Key investors include KSL Cleantech.
GoZero operates through Gozero Mobility Private Limited.
The legal entities of GoZero currently have 2 directors, including Kumar Sumit Ranjan, Pratul Kumar Goswami.