Greaves Electric Mobility

Bengaluru, India Founded: 2008 • Age: 18 yrs
Manufacturer of electric two and three-wheelers for personal and commercial use
Annual revenue $139.4M Latest available
Total funding $226.6M 7 rounds
Employees 422 Tracked headcount
Investors 16 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

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
  • Sectors
    Transportation, Automotive & Logistics
  • 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
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $139.38 M (USD)
    121.61
    as on Mar 31, 2023
  • Net Profit
    -$2.4 M (USD)
    56.06
    as on Mar 31, 2023
  • EBITDA
    -$2.78 M (USD)
    -32.04
    as on Mar 31, 2023
  • Total Equity Funding
    $226.63 M (USD)

    in 7 rounds

  • Latest Funding Round
    $1.89 M (USD), Angel Round

    Jan 09, 2023

  • Investors
  • 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 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.

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Seed-stage investments are targeted by Loglab Ventures in early startups.
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Private investment arm of Kris Gopalakrishnan Family Office.
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Private equity investments in India are handled by Forum Synergies.
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Investor details for Greaves Electric Mobility

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Investments & Acquisitions by Greaves Electric Mobility

Investments
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Investment portfolio details for Greaves Electric Mobility

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Financial Statements - Greaves Electric Mobility

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Detailed financials for Greaves Electric Mobility

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Greaves Electric Mobility Comparisons

Greaves Electric Mobility Primary company
Description
Manufacturer of electric two and three-wheelers for personal...
Location
Bengaluru, India
Founded Year
2008
Annual Revenue
$139.38 M (USD)
Net Profit
-$2.4 M (USD)
EBITDA
-$2.78 M (USD)
Employees
422
As of 2024
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Peer comparison for Greaves Electric Mobility

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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.

Company Name Domain Founded year HQ Location Description
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Electric vehicles and solar energy products are manufactured.
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Electric vehicles are manufactured and leased by Fisker Inc.
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Electric bicycles with advanced features are developed by Motovolt.
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Electric vehicles are developed and engineered in Beijing, China.
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Electric two-wheelers with removable batteries and hub motors are manufactured.
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Detailed competitors of Greaves Electric Mobility

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Latest news on Greaves Electric Mobility

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Frequently Asked Questions about Greaves Electric Mobility

Greaves Electric Mobility was founded in 2008 and raised its 1st funding round 5 years after it was founded.

Greaves Electric Mobility is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

K Vijaya Kumar is the current CEO of Greaves Electric Mobility.

Greaves Electric Mobility is a funded company, having raised a total of $226.63M across 7 funding rounds to date.

As of May 06, 2024, the latest employee count at Greaves Electric Mobility is 422.

Annual revenue of Greaves Electric Mobility is $139.38M as on Mar 31, 2023.

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.

Greaves Electric Mobility's top competitors include Fisker, Tesla and PURE EV.

Greaves Electric Mobility has 16 investors. Key investors include Axon Partners Group, Abdul Latif Jameel, Pratithi Investments, Sumantran Venkataramani, and TCI Fund Management.

The valuation of Greaves Electric Mobility is $399.79M as of Jan 2023.

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