About Greendzine Technologies
Greendzine Technologies is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2014 by Anjan Kumar and Karthikeyan Sundaram. Electric vehicles are manufactured for personal and industrial applications. Greendzine Technologies has raised $1.22 million across 3 funding rounds from investors including KITVEN, Shanmukha Srinivas Podipireddy and Rakesh Mathi. Greendzine Technologies was last valued at $15.57 million in January 2021. Its chief executive, as recorded, is Anjan Kumar. Its Indian entity Greendzine Technologies Private Limited reported revenue of ₹1.48 Cr. Greendzine Technologies offers products and services including Quark EV, Moptro EV, and Irrway EV. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Two Wheelers. Its competitors include Ola Electric, Ultraviolette and Ather Energy; 3 of its 3 listed competitors have raised funding.
Company details
Greendzine Technologies was established in 2014 in Bengaluru, India, within the electric vehicle sector. Proprietary technology for modular platforms is developed, alongside designs that incorporate agile cost management. Operations focus on producing electric mopeds, material-handling industrial vehicles, and lifestyle-oriented electric vehicles. Emphasis is placed on acquiring skilled talent and fostering a culture of ownership to enable delivery of practical solutions at reduced costs.
- Headquarters Bengaluru, India
- Founders Anjan Kumar, Karthikeyan Sundaram
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Website greendzine.org
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Greendzine Technologies Private Limited
- Date of Incorporation 02 Feb, 2011
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.48 Cr
FY 2025 · +82% YoY
- Net Loss-₹93.4 Lakh
FY 2025 · -63% margin
- EBITDA-₹85.8 Lakh
FY 2025 · -58% margin
- Total Equity Funding$1.22M (USD)
in 3 rounds
- Latest Funding Round$752.95K (USD), Seed
Jan 2021
- InvestorsKITVEN
& 11 more
Associated legal entities of Greendzine Technologies
Greendzine Technologies operates through Greendzine Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Greendzine Technologies Private Limited CIN U74900KA2011PTC056901 | Active | 02 Feb 2011 | Bangalore, Karnataka | ₹1.5 Cr | 2 | View details |
Products & Services of Greendzine Technologies
Greendzine Technologies offers a comprehensive portfolio of products and services, including Quark EV, Moptro EV, and Irrway EV.
Electric moped designed for personal daily commuting.
Vehicle for simplifying warehouse picking operations.
Off-road trike for recreational and personal mobility.
Apps and channels of Greendzine Technologies
its YouTube channel Greendzine Technologies has 782 subscribers and 30 videos.
Videos from Greendzine Technologies
The most watched videos on Greendzine Technologies's YouTube channel, Greendzine Technologies (782 subscribers). Click a video to play it here.
More on Greendzine Technologies.
Funding Insights of Greendzine Technologies
Greendzine Technologies has successfully raised a total of $1.22M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $752.95 thousand completed in January 2021. 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 $1.22M
- Total Rounds 3
- Last Round Seed — $752,950
- First Round $18,522
(Aug 2014)
- Investors Count 12
All 3 funding rounds of Greendzine Technologies 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 |
|---|---|---|---|---|---|
| Jan 2021 | $752,950 | Seed | $15.57M | Shanmukha Srinivas Podipireddy | |
| Mar 2017 | $449,400 | Seed | $11.41M | KITVEN | – |
| Aug 2014 | $18,522 | Angel Round | $••••• | Nagaraj Eshwar |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2021 | $15.57M | •••••••• |
| Mar 2017 | $11.41M | •••••••• |
Last known valuation $15.57M (Jan 2021). 12 investors in total: 2 institutional and 10 angel.
Investors in Greendzine Technologies
Greendzine Technologies has secured backing from 12 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include KITVEN, Shanmukha Srinivas Podipireddy and Rakesh Mathi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund backed by government financial institutions focused on early and growth stage startups | 1999 | kitven.in | Bengaluru, India | |
Hospitality services are provided in Southfield, United States. | lumingroup.com | Southfield, United States | ||
SS Shanmukha Srinivas Podipireddy | unknown_7bb00bd2420b41e5b | |||
RM Rakesh Mathi | unknown_51a5f6f7e8bf4e0fb | |||
UP Udaykiran Pottabathula | unknown_3f98c28d05dc40b59 | |||
NE Nagaraj Eshwar | unknown_fa1016a4040347169 | |||
C Chandrashekar | unknown_95bcd51174de484a9 | |||
UC Umesh Chandra | unknown_ddb12c134aba4a8bb | |||
KS Karthik Subbaramaiah | unknown_9074e6d43a28426da | |||
SR Shilpa Ramaswamy | unknown_f8f96074567247d68 |
Investor details for Greendzine Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Greendzine Technologies Private Limited (Greendzine Technologies)
Greendzine Technologies Private Limited is the primary company behind Greendzine Technologies. The board of Greendzine Technologies Private Limited currently have 2 directors; the longest-serving is Anjankumar Nagaraja Rao, appointed in 2015. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anjankumar Nagaraja Rao DIN 07108392 | Director | 30 Mar 2015 | 11 yrs 7 mo | Greendzine Technologies Private Limited |
| Karthikeyan Sundaram DIN 07633503 | Director | 08 Oct 2016 | 10 yrs 1 mo | Greendzine Technologies Private Limited |
People of Greendzine Technologies
2 people are tracked at Greendzine Technologies (2 in leadership).
| Name | Role | Group |
|---|---|---|
Anjan Kumar | Co-Founder & CEO | Leadership |
| Co-Founder | Leadership |
Complete people profiles for Greendzine Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Greendzine Technologies
Figures of Greendzine Technologies Private Limited, the primary company behind Greendzine Technologies, for FY 2025. Revenue was ₹1.48 Cr (+82% year on year). Net loss was -₹93.4 Lakh (-63% margin). EBITDA was -₹85.8 Lakh (-58% margin). Revenue has grown at a compounded annual rate of +51% over three years and +27% over five years.
- ₹1.48 CrRevenue · FY 2025 · +82% YoY
- -₹93.4 LakhNet loss · -63% margin
- -₹85.8 LakhEBITDA · -58% margin
- ₹24.5 LakhPaid-up capital
- +51%Revenue CAGR, 3 years
- +27%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Greendzine Technologies Private Limited are on its company page.
Detailed financial statements for Greendzine Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Greendzine Technologies
4 dated milestones of Greendzine Technologies across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Greendzine Technologies is founded.
- Funding First funding round of $19K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $753K.
Competitors of Greendzine Technologies
Greendzine Technologies has 3 listed competitors in our database, 3 of them funded. They include Ola Electric, Ultraviolette and Ather Energy.
| 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. | |
| ultraviolette.com | 2016 | Bengaluru, India | $103.97M | 358 | High-performance electric motorcycles for street and sports use are engineered. | |
| atherenergy.com | 2013 | Bengaluru, India | $502.02M | 1,755 | Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories |
Detailed competitors of Greendzine Technologies
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Greendzine Technologies (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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Frequently Asked Questions about Greendzine Technologies
Greendzine Technologies was founded in 2014.
Greendzine Technologies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Anjan Kumar is the CEO of Greendzine Technologies, as recorded in our data. They have also founded this company.
Greendzine Technologies is a funded company, having raised a total of $1.22M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $18.52K, raised on Aug 2014.
The primary company behind Greendzine Technologies, Greendzine Technologies Private Limited, reported revenue of ₹1.48 Cr for FY 2025, up 82% year on year.
Greendzine Technologies was established in 2014 in Bengaluru, India, within the electric vehicle sector. Proprietary technology for modular platforms is developed, alongside designs that incorporate agile cost management. Operations focus on producing electric mopeds, material-handling industrial vehicles, and lifestyle-oriented electric vehicles. Emphasis is placed on acquiring skilled talent and fostering a culture of ownership to enable delivery of practical solutions at reduced costs.
Greendzine Technologies's top competitors include Ather Energy, Ola Electric and Ultraviolette.
Greendzine Technologies offers Quark EV, Moptro EV, and Irrway EV.
The valuation of Greendzine Technologies is $15.57M as of Jan 2021.
Greendzine Technologies operates through Greendzine Technologies Private Limited.
The legal entities of Greendzine Technologies currently have 2 directors, including Anjankumar Nagaraja Rao, Karthikeyan Sundaram.