About Hypr
Hypr is a company based in Noida (India) founded in 2022. It operates as a B2C and B2B. The company has 6 employees. Hypr offers products and services including ALPHA X, ONE, GO, HYPR X, and ALPHA. Hypr operates in a competitive market with competitors including Ola Electric, Ather Energy, Gogoro, BGauss and River, among others.
- Headquarter Noida, India
- Employees 6
- SectorsChemicals & MaterialsTransportation, Automotive & Logistics
- Email••••••••
- Website hyprev.in
- Legal Name Choice Chemtech Private Limited
- Date of Incorporation 17 Jul, 1998
- Jurisdiction Delhi, India
- Annual Revenue₹24.48 Cr
FY 2022 · +291% YoY
- Net Profit₹15.9 Lakh
FY 2022 · 1% margin
- EBITDA₹40.5 Lakh
FY 2022 · 2% margin
- Employee Count6
Associated legal entities of Hypr
Hypr is associated with 2 registered companies on The Company Check; the primary company is Choice Chemtech Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Choice Chemtech Private Limited CIN U24119UP1998PTC236471 | Active | 17 Jul 1998 | Noida, Uttar Pradesh | ₹24.5 Cr | 6 | 2 | View details |
| Choice Chemtech Private Limited CIN U24119DL1998PTC095043 | – | 17 Jul 1998 | Delhi, India | – | – | – | View details |
Products & Services of Hypr
Hypr offers a comprehensive portfolio of products and services, including ALPHA X, ONE, GO, HYPR X, and ALPHA.
Economic electric vehicle for efficient daily travel.
Powerful model with high range and torque capabilities.
Compact scooter for urban commuting and ease of use.
Heritage-inspired model blending style and technology.
Leader-oriented scooter with advanced features.
Lightweight and versatile electric vehicle option.
High-density batteries for extended vehicle range.
Fast chargers compatible with HYPR EV models.
Board of directors of Choice Chemtech Private Limited (Hypr)
Choice Chemtech Private Limited is the primary company behind Hypr. The board of Choice Chemtech Private Limited currently have 2 directors; the longest-serving is Ankit Goyal, appointed in 2016. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ankit Goyal DIN 07056785 | Director | 19 Sep 2016 | 10 yrs | Choice Chemtech Private Limited |
| Megha Goyal DIN 09131461 | Director | 04 Mar 2021 | 5 yrs 7 mo | Choice Chemtech Private Limited |
Financials of Hypr
Figures of Choice Chemtech Private Limited, the primary company behind Hypr, for FY 2022. Revenue was ₹24.48 Cr (+291% year on year). Net profit was ₹15.9 Lakh (1% margin). EBITDA was ₹40.5 Lakh (2% margin). Revenue has grown at a compounded annual rate of +46% over three years and +59% over five years.
- ₹24.48 CrRevenue · FY 2022 · +291% YoY
- ₹15.9 LakhNet profit · 1% margin
- ₹40.5 LakhEBITDA · 2% margin
- ₹33 LakhPaid-up capital
- 6Employees (provident fund records)
- +46%Revenue CAGR, 3 years
- +59%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Choice Chemtech Private Limited are on its company page.
Detailed financial statements for Hypr
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.
Competitors of Hypr
Hypr 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, BGauss and River, 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. | |
| 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. | |
| heroelectric.in | 2007 | Gurugram, India | $129.6M | 122 | Manufacturer offering electric scooters and mobility solutions | |
| 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 Hypr
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Hypr
10 companies that operate in the same segment as Hypr (Battery & Advanced Material Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI and app-based smart windows are provided for buildings. | 2007 | Milpitas, California, United States | USD 3.71 B | – | – | |
Aerogel-based thermal insulation solutions are provided for energy conservation. | 2001 | United States | USD 198.35 M | USD 271.1 M | 554 | |
Mycelium-based leather alternative fabrics are manufactured and provided. | 2009 | Emeryville, California, United States | USD 219.4 M | USD 1.37 M | 22 | |
Bio-based materials from mycelium are manufactured as sustainable leather alternatives. | 2013 | Emeryville, California, United States | USD 225.3 M | – | – | |
Manufacturer of carbon fiber composites for multiple industrial applications | 2018 | Berkeley, California, United States | USD 233.13 M | – | – | |
Developr of bio-based products and natural compounds for biotechnological solutions | 1993 | Zwingenberg, Hesse, Germany | USD 5.38 M | – | – | |
Sustainable biodegradable materials are developed using mycelium technology. | 2007 | Albany, United States | USD 183.93 M | – | 106 | |
Technology is developed to convert carbon dioxide into raw materials. | 2011 | Macclesfield, Cheshire, United Kingdom | USD 43.19 M | – | – | |
Meta-optic materials are manufactured for applications in sensing and electronics. | 2016 | Weston, Florida, United States | USD 47.4 M | – | 26 | |
Biodegradable packaging materials are manufactured from crop stubble waste. | 2020 | Delhi, Delhi, India | USD 3.45 M | USD 45.41 K | 55 |
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Frequently Asked Questions about Hypr
Hypr was founded in 2022.
Hypr is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Hypr has 6 employees.
The primary company behind Hypr, Choice Chemtech Private Limited, reported revenue of ₹24.48 Cr for FY 2022, up 291% year on year.
HYPR EV, based in Noida, India, produces electric scooters and bikes like ALPHA X and ONE, featuring lithium ferro phosphate batteries, disc brakes, and hydraulic suspension for safety and efficiency. The company integrates backward manufacturing of batteries and chargers to reduce costs and ensure quality. It offers models for various users, emphasizing economy with low running costs and long range capabilities, serving consumers through direct sales and dealer networks.
Hypr's top competitors include Ather Energy, Ola Electric and BGauss.
Hypr offers ALPHA X, ONE, GO, HYPR X, and 4 more products and services.
Hypr operates through Choice Chemtech Private Limited.
The legal entities of Hypr currently have 2 directors, including Megha Goyal, Ankit Goyal.