Hitech Electric

Pinhais, Brazil Founded: 2017 • Age: 9 yrs
Multi-category electric vehicles are retailed online for purchase.

About Hitech Electric

Hitech Electric is a company based in Pinhais (Brazil) founded in 2017 by Rodrigo Contin.. Hitech Electric offers products and services including NewDelivery, E-Work EC31, E-Work EC35, and e.coDelivery.

  • Headquarter Pinhais, Brazil
  • Founders Rodrigo Contin
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Weg
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Hitech Electric

Hitech Electric offers a comprehensive portfolio of products and services, including NewDelivery, E-Work EC31, E-Work EC35, and e.coDelivery. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Vehicle for versatile urban cargo transport with high efficiency.

Model offering up to 215 km autonomy for city and highway use.

Vehicle with 268 km range for robust medium-range operations.

Designed for efficient urban delivery and cargo handling.

Funding Insights of Hitech Electric

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2018 Amount Series A - Hitech Electric Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Hitech Electric

Hitech Electric has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include KICK Ventures. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
KICK Ventures is recognized as a leading Venture Builder in Latin America, focused on startup investment and corporate innovation.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Hitech Electric

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Hitech Electric

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Hitech Electric Comparisons

Employees
+
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Competitors of Hitech Electric

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Hitech Electric

Frequently Asked Questions about Hitech Electric

When was Hitech Electric founded?

Hitech Electric was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is Hitech Electric located?

Hitech Electric is headquartered in Pinhais, Brazil. It is registered at Pinhais, Parana, Brazil.

Who is the current CEO of Hitech Electric?

Rodrigo Contin is the current CEO of Hitech Electric. They have also founded this company.

What does Hitech Electric do?

Hitech Electric was established in 2017 in Pinhais, Brazil, as an online retailer in the electric vehicle sector. Various categories of electric vehicles, including bikes, cars, scooters, and trucks, are made available for users to purchase through the platform. Marine electric vehicles such as boats are also offered. Operations focus on facilitating direct online transactions for these products.

What products or services does Hitech Electric offer?

Hitech Electric offers NewDelivery, E-Work EC31, E-Work EC35, and e.coDelivery.

Who are Hitech Electric's investors?

Hitech Electric has 1 investor. Key investors include KICK Ventures.

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