Greendrive Motors

Bengaluru, India Founded: 2020 • Age: 6 yrs
Sells and services Okinawa electric scooters in Indian cities like Bangalore and Hyderabad.

About Greendrive Motors

Greendrive Motors is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2020. It sells and services Okinawa electric scooters in Indian cities like Bangalore and Hyderabad. It operates on a B2C model. The company has 35 employees. Its Indian entity Green Drive Auto Services Private Limited reported revenue of ₹25.97 Cr. Greendrive Motors offers products and services including OKHI-90, Praise+, PraisePro, Ridge+, and Lite R30. Its focus areas include Services, After-Sales Support, Maintenance and Vehicle Servicing. Similar companies include Ola Electric, Ather Energy and Hero Electric; 3 of its 3 listed similar companies have raised funding.

Company details

Green Drive Motors operates as a dealer for Okinawa electric scooters, providing sales, customization, financing, and after-sales services across locations in Karnataka, Telangana, and Andhra Pradesh. They offer various models with lithium-ion batteries for eco-friendly urban commuting. Customers can purchase, trade in old vehicles, and access maintenance through showrooms, focusing on sustainable transportation solutions.

  • Headquarters Bengaluru, India
  • Employees 35
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    •••• ••••
  • Website greendrivemotors.com
  • Social X
  • Legal Name Green Drive Auto Services Private Limited
  • Date of Incorporation 16 Nov, 2020
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹25.97 Cr

    FY 2025 · +50% YoY

  • Net Profit
    ₹50.1 Lakh

    FY 2025 · 2% margin

  • EBITDA
    ₹3.85 Cr

    FY 2025 · 15% margin

  • Employee Count
    35

Products & Services of Greendrive Motors

Greendrive Motors offers a comprehensive portfolio of products and services, including OKHI-90, Praise+, PraisePro, Ridge+, and Lite R30.

OKHI-90
Electric Scooter

High-speed scooter with up to 160 km per charge for urban use.

Praise+
Electric Scooter

Lithium-ion scooter offering 139 km per charge and moderate speed.

PraisePro
Electric Scooter

High-speed model with lithium-ion battery for daily commuting.

Ridge+
Electric Scooter

Electric scooter designed for efficient and eco-friendly travel.

Lite R30
Electric Scooter

Slow-speed scooter with lithium-ion battery for short trips.

Board of directors of Green Drive Auto Services Private Limited (Greendrive Motors)

Green Drive Auto Services Private Limited is the primary company behind Greendrive Motors. The board of Green Drive Auto Services Private Limited currently have 2 directors; the longest-serving is Prathusha Arugunta, appointed in 2020. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Prathusha Arugunta
DIN 08962120
Director16 Nov 20205 yrs 11 moGreen Drive Auto Services Private Limited
Ala Harikrishna
DIN 08962119
Managing Director16 Nov 20205 yrs 11 moGreen Drive Auto Services Private Limited

Financials of Greendrive Motors

Figures of Green Drive Auto Services Private Limited, the primary company behind Greendrive Motors, for FY 2025. Revenue was ₹25.97 Cr (+50% year on year). Net profit was ₹50.1 Lakh (2% margin). EBITDA was ₹3.85 Cr (15% margin). Revenue has grown at a compounded annual rate of +25% over three years.

  • ₹25.97 CrRevenue · FY 2025 · +50% YoY
  • ₹50.1 LakhNet profit · 2% margin
  • ₹3.85 CrEBITDA · 15% margin
  • ₹1.01 CrPaid-up capital
  • 35Employees (provident fund records)
  • +25%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Green Drive Auto Services Private Limited are on its company page.

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Detailed financial statements for Greendrive Motors

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Similar companies to Greendrive Motors

Greendrive Motors has 3 listed similar companies in our database, 3 of them funded. They include Ola Electric, Ather Energy and Hero Electric.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
olaelectric.com2017Bengaluru, India$999.91M3,520
Electric scooters and motorcycles are manufactured with related accessories.
atherenergy.com2013Bengaluru, India$502.02M1,755
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
heroelectric.in2007Gurugram, India$129.6M122
Manufacturer offering electric scooters and mobility solutions
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Frequently Asked Questions about Greendrive Motors

Greendrive Motors was founded in 2020.

Greendrive Motors is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Greendrive Motors has 35 employees.

The primary company behind Greendrive Motors, Green Drive Auto Services Private Limited, reported revenue of ₹25.97 Cr for FY 2025, up 50% year on year.

Green Drive Motors operates as a dealer for Okinawa electric scooters, providing sales, customization, financing, and after-sales services across locations in Karnataka, Telangana, and Andhra Pradesh. They offer various models with lithium-ion batteries for eco-friendly urban commuting. Customers can purchase, trade in old vehicles, and access maintenance through showrooms, focusing on sustainable transportation solutions.

Greendrive Motors's top competitors include Ather Energy, Ola Electric and Hero Electric.

Greendrive Motors offers OKHI-90, Praise+, PraisePro, Ridge+, and Lite R30.

Greendrive Motors operates through Green Drive Auto Services Private Limited.

The legal entities of Greendrive Motors currently have 2 directors, including Prathusha Arugunta, Ala Harikrishna.

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