About GT Force
GT Force is a company based in Sonipat (India) founded in 2020. It operates as a B2C. GT Force operates in a competitive market with competitors including Ola Electric, Ather Energy, Gogoro, Hero Electric and BGauss, among others.
- Headquarter Sonipat, India
- Employees 29
- SectorsTransportation, Automotive & Logistics
- Website gtforce.in
- Social X Facebook
- Legal Name Houstan Innovations Llp
- Date of Incorporation 06 Jan, 2020
- Jurisdiction Delhi, India
- Annual Revenue₹5.85 Cr
FY 2021
- Net Profit₹4.9 Lakh
FY 2021 · 1% margin
- EBITDA₹5.84 Cr
FY 2021 · 100% margin
- Employee Count29
Associated legal entities of GT Force
GT Force operates through Houstan Innovations Llp (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 |
|---|---|---|---|---|---|---|---|
| Houstan Innovations Llp CIN AAR-5221 | Active | 06 Jan 2020 | Delhi, Delhi | ₹5.8 Cr | 27 | 4 | View details |
Board of directors of Houstan Innovations Llp (GT Force)
Houstan Innovations Llp is the primary company behind GT Force. The board of Houstan Innovations Llp currently have 4 directors; the longest-serving is Rajesh Saitya, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajesh Saitya DIN 08659996 | Designated Partner | 06 Jan 2020 | 6 yrs 9 mo | Houstan Innovations Llp |
| Mukesh Kumar DIN 08659995 | Designated Partner | 06 Jan 2020 | 6 yrs 9 mo | Houstan Innovations Llp |
| Anil Saitya DIN 08674764 | Designated Partner | 22 Jan 2020 | 6 yrs 8 mo | Houstan Innovations Llp |
| Devender Kumar DIN 08674783 | Designated Partner | 22 Jan 2020 | 6 yrs 8 mo | Houstan Innovations Llp |
Financials of GT Force
Figures of Houstan Innovations Llp, the primary company behind GT Force, for FY 2021. Revenue was ₹5.85 Cr. Net profit was ₹4.9 Lakh (1% margin). EBITDA was ₹5.84 Cr (100% margin).
- ₹5.85 CrRevenue · FY 2021
- ₹4.9 LakhNet profit · 1% margin
- ₹5.84 CrEBITDA · 100% margin
- 27Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Houstan Innovations Llp are on its company page.
Detailed financial statements for GT Force
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Competitors of GT Force
GT Force 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 Ola Electric, Ather Energy, Gogoro, Hero Electric and BGauss, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| olaelectric.com | 2017 | Bengaluru, India | $1B | 3,520 | Electric scooters and motorcycles are manufactured with related accessories. | |
| atherenergy.com | 2013 | Bengaluru, India | $502.15M | 1,755 | Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | |
| gogoro.com | 2011 | Taipei, Taiwan | $480M | 1,892 | Electric scooters are developed and battery swapping networks are operated. | |
| heroelectric.in | 2007 | Gurugram, India | $129.6M | 122 | Manufacturer offering electric scooters and mobility solutions | |
| bgauss.com | 2020 | Mumbai, India | $24.37M | 633 | Retailer of electric scooters offering test rides, maintenance, and financing | |
| rideriver.com | 2020 | Bengaluru, India | $66M | 396 | Electric scooters are designed and produced for urban mobility. | |
| motovolt.co | 2019 | Kolkata, India | $1.92M | 315 | Electric bicycles with advanced features are developed by Motovolt. | |
| bncmotors.in | 2020 | Coimbatore, India | $8.66M | – | Electric two-wheelers with removable batteries and hub motors are manufactured. | |
| greaveselectricmobility.com | 2008 | Bengaluru, India | $226.32M | 1,551 | Manufacturer of electric two and three-wheelers for personal and commercial use |
Detailed competitors of GT Force
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Web traffic of GT Force
The website of GT Force (gtforce.in) receives about 1.2K visits a month.
- Monthly visits1.2K
▲ 29.2% vs previous month
Latest news on Gt Force
Complete news archive for GT Force
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Similar companies to GT Force
10 companies that operate in the same segment as GT Force (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765.74 M | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.71 B | – | – | |
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 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.15 M | USD 391.37 M | 1,620 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 1,247 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 |
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Frequently Asked Questions about GT Force
GT Force was founded in 2020.
GT Force is headquartered in Sonipat, India. It is registered at Sonipat, Haryana, India.
GT Force has 29 employees.
The primary company behind GT Force, Houstan Innovations Llp, reported revenue of ₹5.85 Cr for FY 2021.
GT Force, based in Sonipat, focuses on producing manufactured goods, dealing with automotive parts, developing electric vehicles, and scooters and mobility. Develops innovative technologies for electric scooters to promote sustainable transportation. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
GT Force's top competitors include Ather Energy, Ola Electric and BGauss.
GT Force operates through Houstan Innovations Llp.
The legal entities of GT Force currently have 4 directors, including Rajesh Saitya, Anil Saitya, Devender Kumar and others.