About Hornback
Hornback is a Transportation, Automotive & Logistics company based in Hyderabad (India) founded in 2022 by Rajkumar Kewat and Nishith Parikh. Foldable electric bicycles are provided by Hornback platform. Hornback has raised $428.58 thousand across 2 funding rounds from investors including Amit Jain, Vivek Ramchandran and Kittur Family Trust. The company has 13 employees. Its chief executive, as recorded, is Nishith Parikh. Its website hornback.bike draws about 10 thousand monthly visits. Its Indian entity Hornback E-Mobility Private Limited reported revenue of ₹4.55 Cr. Hornback offers products and services including Hornback X1s, Hornback X1 Pro, Hornback Xpand+, Hornback M1, and Hornback PivotPro. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Light Electric Vehicles.
Company details
Hornback was established in 2022 in Hyderabad, India, as a platform focused on the electric mobility sector. Full-sized diamond frame bicycles that fold to half their size are offered, including models such as X1 and M1. Operations center on product distribution for urban commuting needs, with co-founders leading development and strategy from the Indian base.
- Headquarters Hyderabad, India
- Employees 13
- Founders Rajkumar Kewat, Nishith Parikh
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website hornback.bike
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Hornback E-Mobility Private Limited
- Date of Incorporation 23 May, 2022
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹4.55 Cr
FY 2025 · +125% YoY
- Net Loss-₹3.05 Cr
FY 2025 · -67% margin
- EBITDA-₹4.24 Cr
FY 2025 · -93% margin
- Total Equity Funding$428.58K (USD)
in 2 rounds
- Latest Funding Round$60.38K (USD), Angel Round
Feb 2023
- Employee Count13
Associated legal entities of Hornback
Hornback operates through Hornback E-Mobility 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 |
|---|---|---|---|---|---|---|---|
| Hornback E-Mobility Private Limited CIN U34300TG2022PTC162938 | Active | 23 May 2022 | Hyderabad, Telangana | ₹4.6 Cr | 13 | 2 | View details |
Products & Services of Hornback
Hornback offers a comprehensive portfolio of products and services, including Hornback X1s, Hornback X1 Pro, Hornback Xpand+, Hornback M1, and Hornback PivotPro.
Foldable electric bike for urban commuting with safety features.
Advanced foldable bike offering enhanced range and performance.
Versatile hybrid bike for daily and adventure use.
Compact electric bike designed for easy storage and travel.
Bike accessory for improved handling and safety.
Apps and channels of Hornback
its YouTube channel Hornback has 916 subscribers and 30 videos.
Videos from Hornback
The most watched videos on Hornback's YouTube channel, Hornback (916 subscribers). Click a video to play it here.
More on Hornback.
Funding Insights of Hornback
Hornback has successfully raised a total of $428.58K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $60.38 thousand completed in February 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.
- Total Funding $428,580
- Total Rounds 2
- Last Round Angel Round — $60,379
- First Round $368,201
(Feb 2023)
- Investors Count 14
All 2 funding rounds of Hornback 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 |
|---|---|---|---|---|---|
| Feb 2023 | $60,379 | Angel Round | – | Amit Jain | – |
| Feb 2023 | $368,201 | Seed | – | Vivek Ramchandran, Goolestan Investment |
14 investors in total: 4 institutional and 10 angel.
Investors in Hornback
Hornback has secured backing from 14 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Amit Jain, Vivek Ramchandran and Kittur Family Trust.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm investing in multiple sectors | goolestaninvestment.tcc.mode | Mumbai, India | ||
Private equity firm focused on multiple sectors | rajnairfamilytrust.tcc.mode | Mumbai, India | ||
| kitturfamilytrust.tcc.mode | ||||
Family assets are managed by the Mohana Nair Family Trust. | mohananairfamilytrust.tcc.mode | |||
AJ Amit Jain | CEO of CarDekho, prominent angel investor in Indian startups | unknown_7228ed805a4f41d99 | ||
VR Vivek Ramchandran | unknown_b17e8fab721842628 | |||
AK Arvind Kapil | unknown_20a6de7b8fda4dc2a | |||
VN Vijay Nehra | unknown_bb2dc0d8da3d48fab | |||
NP Nirmal Pratap Bhogilal | unknown_c3e7b187750749e4b | |||
PG Pratibha Gopalam | unknown_2a8fb95038ff4bb39 |
Investor details for Hornback
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 Hornback E-Mobility Private Limited (Hornback)
Hornback E-Mobility Private Limited is the primary company behind Hornback. The board of Hornback E-Mobility Private Limited currently have 2 directors; the longest-serving is Nishith Parikh, appointed in 2022. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nishith Parikh DIN 08512824 | Director | 23 May 2022 | 4 yrs 5 mo | Hornback E-Mobility Private Limited |
| Rajkumar Kewat DIN 08512825 | Director | 23 May 2022 | 4 yrs 5 mo | Hornback E-Mobility Private Limited |
People of Hornback
2 people are tracked at Hornback (2 in leadership); the tracked headcount is 13.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for Hornback
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 Hornback
Figures of Hornback E-Mobility Private Limited, the primary company behind Hornback, for FY 2025. Revenue was ₹4.55 Cr (+125% year on year). Net loss was -₹3.05 Cr (-67% margin). EBITDA was -₹4.24 Cr (-93% margin).
- ₹4.55 CrRevenue · FY 2025 · +125% YoY
- -₹3.05 CrNet loss · -67% margin
- -₹4.24 CrEBITDA · -93% margin
- ₹5.48 CrPaid-up capital
- 13Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Hornback E-Mobility Private Limited are on its company page.
Detailed financial statements for Hornback
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 Hornback
3 dated milestones of Hornback across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Hornback is founded.
- Funding First funding round of $368K.
- Funding Latest funding round, Angel Round, of $60K.
Web traffic of Hornback
The website of Hornback (hornback.bike) receives about 10.5K visits a month.
- Monthly visits10.5K
▼ 31.2% vs previous month
Websites whose visitors overlap most with Hornback. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| leaderbicycles.com | 100% | 18.6K | #1,415,483 | View details | |
| omobikes.com | 91% | #560,599 | View details |
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Hornback (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 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 |
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Frequently Asked Questions about Hornback
Hornback was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Hornback is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Nishith Parikh is the CEO of Hornback, as recorded in our data. They have also founded this company.
Hornback is a funded company, having raised a total of $428.58K across 2 funding rounds to date. The company's 1st funding round was a Seed of $368.2K, raised on Feb 2023.
Hornback has 13 employees.
The primary company behind Hornback, Hornback E-Mobility Private Limited, reported revenue of ₹4.55 Cr for FY 2025, up 125% year on year.
Hornback was established in 2022 in Hyderabad, India, as a platform focused on the electric mobility sector. Full-sized diamond frame bicycles that fold to half their size are offered, including models such as X1 and M1. Operations center on product distribution for urban commuting needs, with co-founders leading development and strategy from the Indian base.
Hornback offers Hornback X1s, Hornback X1 Pro, Hornback Xpand+, Hornback M1, and Hornback PivotPro.
Hornback has 14 investors. Key investors include Amit Jain, Vivek Ramchandran, Kittur Family Trust, Arvind Kapil, and Vijay Nehra.
Hornback operates through Hornback E-Mobility Private Limited.
The legal entities of Hornback currently have 2 directors, including Nishith Parikh, Rajkumar Kewat.