About Greaves Electric Mobility
Greaves Electric Mobility is a company based in Bengaluru (India) founded in 2008.. Greaves Electric Mobility has raised $226.63 million across 7 funding rounds from investors including Axon Partners Group, Abdul Latif Jameel and Pratithi Investments. The company has 422 employees as of May 06, 2024. Greaves Electric Mobility operates in a competitive market with competitors including Tesla, Fisker, Motovolt, BAIC New Energy and BNC Motors, among others.
- Headquarter Bengaluru, India
- Employees 422 as on 06 May, 2024
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Greaves Electric Mobility Limited
- Date of Incorporation 02 Jun, 2008
- Jurisdiction Ranipet, Tamil Nadu, India
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Annual Revenue
$139.38 M (USD)121.61as on Mar 31, 2023
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Net Profit
$-2.4 M (USD)56.06as on Mar 31, 2023
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EBITDA
$-2.78 M (USD)-32.04as on Mar 31, 2023
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Total Equity Funding
$226.63 M (USD)
in 7 rounds
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Latest Funding Round
$1.89 M (USD), Angel Round
Jan 09, 2023
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Investors
Axon Partners Group
& 15 more
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Employee Count
422
as on May 06, 2024
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Funding Insights of Greaves Electric Mobility
Greaves Electric Mobility has successfully raised a total of $226.63M across 7 strategic funding rounds. The most recent funding activity was a Angel Round round of $1.89 million completed in January 2023. 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 Total Funding
- Total Rounds 7
- Last Round Angel Round — $1.9M
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First Round
First Round
(03 Aug 2013)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Angel Round - Greaves Electric Mobility | Valuation | Sumantran Venkataramani |
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| Jun, 2022 | Amount | Series B - Greaves Electric Mobility | Valuation | Abdul Latif Jameel |
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| Sep, 2017 | Amount | Series A - Greaves Electric Mobility | Valuation | Pratithi Investments |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Greaves Electric Mobility
Greaves Electric Mobility has secured backing from 16 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Axon Partners Group, Abdul Latif Jameel and Pratithi Investments. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Seed-stage investments are targeted by Loglab Ventures in early startups.
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Founded Year | Domain | Location | |
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Private investment arm of Kris Gopalakrishnan Family Office.
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Founded Year | Domain | Location | |
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Private equity investments in India are handled by Forum Synergies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Greaves Electric Mobility
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Greaves Electric Mobility
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Greaves Electric Mobility Comparisons
Competitors of Greaves Electric Mobility
Greaves Electric Mobility 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 Tesla, Fisker, Motovolt, BAIC New Energy and BNC Motors, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Electric vehicles and solar energy products are manufactured.
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| domain | founded_year | HQ Location |
Electric vehicles are manufactured and leased by Fisker Inc.
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| domain | founded_year | HQ Location |
Electric bicycles with advanced features are developed by Motovolt.
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| domain | founded_year | HQ Location |
Electric vehicles are developed and engineered in Beijing, China.
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| domain | founded_year | HQ Location |
Electric two-wheelers with removable batteries and hub motors are manufactured.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Greaves Electric Mobility
Frequently Asked Questions about Greaves Electric Mobility
When was Greaves Electric Mobility founded?
Greaves Electric Mobility was founded in 2008 and raised its 1st funding round 5 years after it was founded.
Where is Greaves Electric Mobility located?
Greaves Electric Mobility is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Greaves Electric Mobility?
K Vijaya Kumar is the current CEO of Greaves Electric Mobility.
Is Greaves Electric Mobility a funded company?
Greaves Electric Mobility is a funded company, having raised a total of $226.63M across 7 funding rounds to date. The company's 1st funding round was a Series A of $1.71M, raised on Aug 03, 2013.
How many employees does Greaves Electric Mobility have?
As of May 06, 2024, the latest employee count at Greaves Electric Mobility is 422.
What is the annual revenue of Greaves Electric Mobility?
Annual revenue of Greaves Electric Mobility is $139.38M as on Mar 31, 2023.
What does Greaves Electric Mobility do?
Greaves Electric Mobility was founded in 2008 and is headquartered in Bengaluru, India. Electric scooters and three-wheeled vehicles are designed and produced for personal use, last-mile transportation, and commercial deliveries. A variety of models is offered to address different requirements in the electric mobility sector. After-sales support is provided to customers. Operations emphasize practical solutions in sustainable transportation.
Who are the top competitors of Greaves Electric Mobility?
Who are Greaves Electric Mobility's investors?
Greaves Electric Mobility has 16 investors. Key investors include Axon Partners Group, Abdul Latif Jameel, Pratithi Investments, Sumantran Venkataramani, and TCI Fund Management.
What is Greaves Electric Mobility's valuation?
The valuation of Greaves Electric Mobility is $399.79M as of Jan 2023.
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