About HRE-EV
HRE-EV is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 2018. It manufactures high-quality electric rickshaws for commercial and personal use. It operates on a B2B model. Its Indian entity Hybridrickshaw Electric Private Limited reported revenue of ₹1.78 Cr. Its focus areas include Manufacturing, Automotive, Electric Vehicles and Rickshaws. Its competitors include TI Clean Mobility, 3evi and ETO Motors; 3 of its 3 listed competitors have raised funding.
Company details
HRE-EV manufactures high-quality electric rickshaws for commercial and personal use, focusing on producing manufactured goods, dealing with automotive parts, developing electric vehicles, and rickshaws. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Mumbai, India
- SectorsTransportation, Automotive & Logistics
- Website hre-ev.in
- Legal Name Hybridrickshaw Electric Private Limited
- Date of Incorporation 17 Apr, 2015
- Jurisdiction Navi Mumbai, Maharashtra, India
- Annual Revenue₹1.78 Cr
FY 2022 · +297% YoY
- Net Profit₹1.4 Lakh
FY 2022 · 1% margin
- EBITDA₹8.2 Lakh
FY 2022 · 5% margin
Associated legal entities of HRE-EV
HRE-EV operates through Hybridrickshaw Electric Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hybridrickshaw Electric Private Limited CIN U74120MH2015PTC263589 | Active | 17 Apr 2015 | Navi Mumbai, Maharashtra | ₹1.8 Cr | 2 | View details |
Board of directors of Hybridrickshaw Electric Private Limited (HRE-EV)
Hybridrickshaw Electric Private Limited is the primary company behind HRE-EV. The board of Hybridrickshaw Electric Private Limited currently have 2 directors; the longest-serving is Nilesh Gajanan Bhoir, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nilesh Gajanan Bhoir DIN 07104807 | Director | 17 Apr 2015 | 11 yrs 6 mo | Hybridrickshaw Electric Private Limited |
| Shweta Vijaykumar Pimprikar DIN 07104806 | Director | 17 Apr 2015 | 11 yrs 6 mo | Hybridrickshaw Electric Private Limited |
Financials of HRE-EV
Figures of Hybridrickshaw Electric Private Limited, the primary company behind HRE-EV, for FY 2022. Revenue was ₹1.78 Cr (+297% year on year). Net profit was ₹1.4 Lakh (1% margin). EBITDA was ₹8.2 Lakh (5% margin).
- ₹1.78 CrRevenue · FY 2022 · +297% YoY
- ₹1.4 LakhNet profit · 1% margin
- ₹8.2 LakhEBITDA · 5% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Hybridrickshaw Electric Private Limited are on its company page.
Detailed financial statements for HRE-EV
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Verified entity values are shown only after access is granted.
Competitors of HRE-EV
HRE-EV has 3 listed competitors in our database, 3 of them funded. They include TI Clean Mobility, 3evi and ETO Motors.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 2022 | Chennai, India | $519.2M | 530 | Electric three-wheelers are designed, manufactured, and marketed for passenger transport. | ||
| 3evi.com | 2019 | Bengaluru, India | $24.64M | 250 | Three-wheel electric vehicles are manufactured along with hyper-local connectivity services. | |
| etomotors.com | 2018 | Hyderabad, India | $15.2M | 109 | Online platform offering electric vehicles and fleet management solutions |
Detailed competitors of HRE-EV
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- Full competitor set
- Operating metrics
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Top companies in Electric & Green Mobility
3 companies that operate in the same segment as HRE-EV (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 391.37 M | 1,917 |
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Frequently Asked Questions about HRE-EV
HRE-EV was founded in 2018.
HRE-EV is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind HRE-EV, Hybridrickshaw Electric Private Limited, reported revenue of ₹1.78 Cr for FY 2022, up 297% year on year.
HRE-EV manufactures high-quality electric rickshaws for commercial and personal use, focusing on producing manufactured goods, dealing with automotive parts, developing electric vehicles, and rickshaws. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
HRE-EV's top competitors include ETO Motors, TI Clean Mobility and 3evi.
HRE-EV operates through Hybridrickshaw Electric Private Limited.
The legal entities of HRE-EV currently have 2 directors, including Nilesh Gajanan Bhoir, Shweta Vijaykumar Pimprikar.