About iGowise Mobility
iGowise Mobility is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2020 by Balamurugan KGS. Electric scooters provide high torque and safety for urban commuting. It operates on a D2C and B2B model. iGowise Mobility has raised $1.92 million across 2 funding rounds from investors including Guptaji invests and 888vc. The company has 24 employees. Its Indian entity Igowise Mobility Private Limited reported revenue of ₹26.7 Lakh. iGowise Mobility offers products and services including BeiGo X4. Its focus areas include Consumer, Mobility Tech, Sustainable Transport and Electric Scooters. Its competitors include TyresNMore, Tyremarket and Cherry Agencies; 2 of its 3 listed competitors have raised funding.
Company details
BeiGo is an electric vehicle brand inspired by nature, delivering high torque and acceleration for urban environments. It features robust twin-wheel technology for enhanced grip and safety on slippery roads. Based in Bengaluru, India, the company focuses on sustainable mobility solutions, blending performance, comfort, and affordability without compromising reliability. It targets individual consumers for direct bookings and partnerships.
- Headquarters Bengaluru, India
- Employees 24
- Founders Balamurugan KGS
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website igowise.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Igowise Mobility Private Limited
- Date of Incorporation 22 Jun, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹26.7 Lakh
FY 2024 · +33% YoY
- Net Loss-₹73.1 Lakh
FY 2024 · -274% margin
- EBITDA-₹37.6 Lakh
FY 2024 · -141% margin
- Total Equity Funding$1.92M (USD)
in 2 rounds
- Latest Funding Round$924.56K (USD), Seed
Sep 2025
- InvestorsGuptaji invests
& 1 more
- Employee Count24
Associated legal entities of iGowise Mobility
iGowise Mobility operates through Igowise Mobility Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Igowise Mobility Private Limited CIN U34300KA2020PTC135144 | Active | 22 Jun 2020 | Bangalore, Karnataka | ₹0.3 Cr | 24 | 3 | View details |
Products & Services of iGowise Mobility
iGowise Mobility offers a comprehensive portfolio of products and services, including BeiGo X4.
Urban vehicle with high torque for efficient commuting and safety.
Apps and channels of iGowise Mobility
its YouTube channel iGo has 43.2K subscribers and 20 videos.
Videos from iGowise Mobility
The most watched videos on iGowise Mobility's YouTube channel, iGo (43.2K subscribers). Click a video to play it here.
More on iGo.
Funding Insights of iGowise Mobility
iGowise Mobility has successfully raised a total of $1.92M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $924.56 thousand completed in September 2025. 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 $1.92M
- Total Rounds 2
- Last Round Seed — $924,558
- First Round $1M
(Apr 2025)
- Investors Count 2
All 2 funding rounds of iGowise Mobility 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 |
|---|---|---|---|---|---|
| Sep 2025 | $924,558 | Seed | – | – | |
| Apr 2025 | $1M | Seed | – | – | – |
2 investors in total: 2 institutional.
Investors in iGowise Mobility
iGowise Mobility has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Guptaji invests and 888vc.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Angel network and startup accelerator focused on healthtech, agritech, AI, fintech, SaaS, and multiple sectors | 888vc.co | Bengaluru, India | ||
Strategic investments and angel network services in India. | 2022 | guptajiinvests.in | Hyderabad, India |
Investor details for iGowise Mobility
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Board of directors of Igowise Mobility Private Limited (iGowise Mobility)
Igowise Mobility Private Limited is the primary company behind iGowise Mobility. The board of Igowise Mobility Private Limited currently have 3 directors; the longest-serving is Sujith Surendran, appointed in 2020. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sujith Surendran DIN 07924455 | Director | 22 Jun 2020 | 6 yrs 4 mo | Igowise Mobility Private Limited |
| Sravan Kumar Appana DIN 08449557 | Managing Director | 19 Jan 2022 | 4 yrs 9 mo | Igowise Mobility Private Limited |
| Sai Babu Devabhaktuni DIN 10708960 | Director | 20 Jul 2024 | 2 yrs 3 mo | Igowise Mobility Private Limited |
People of iGowise Mobility
1 people are tracked at iGowise Mobility (1 in leadership); the tracked headcount is 24.
| Name | Role | Group |
|---|---|---|
Balamurugan KGS | Co-Founder | Leadership |
Complete people profiles for iGowise Mobility
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Financials of iGowise Mobility
Figures of Igowise Mobility Private Limited, the primary company behind iGowise Mobility, for FY 2024. Revenue was ₹26.7 Lakh (+33% year on year). Net loss was -₹73.1 Lakh (-274% margin). EBITDA was -₹37.6 Lakh (-141% margin). Revenue has grown at a compounded annual rate of +126% over three years.
- ₹26.7 LakhRevenue · FY 2024 · +33% YoY
- -₹73.1 LakhNet loss · -274% margin
- -₹37.6 LakhEBITDA · -141% margin
- ₹20.5 LakhPaid-up capital
- 24Employees (provident fund records)
- +126%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Igowise Mobility Private Limited are on its company page.
Detailed financial statements for iGowise Mobility
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Timeline of iGowise Mobility
3 dated milestones of iGowise Mobility across 5 years, from founding to its latest funding, stage changes and deals.
- Founded iGowise Mobility is founded.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Seed, of $925K.
Competitors of iGowise Mobility
iGowise Mobility has 3 listed competitors in our database, 2 of them funded. They include TyresNMore, Tyremarket and Cherry Agencies.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tyresnmore.com | 2014 | Delhi, India | $2.38M | 116 | Online tyre retailer | |
| tyremarket.com | 2015 | Bengaluru, India | $727,146 | 6 | Online marketplace for buying car and bike tyre | |
| cherryagencies.com | 1991 | Bengaluru, India | 222 | Provides comprehensive solutions for tyres and related vehicle products. |
Detailed competitors of iGowise Mobility
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Web traffic of iGowise Mobility
The website of iGowise Mobility (igowise.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 47.3% vs previous month
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as iGowise Mobility (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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Related news about Igowise Mobility
Complete news archive for iGowise Mobility
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Frequently Asked Questions about iGowise Mobility
iGowise Mobility was founded in 2020 and raised its 1st funding round 5 years after it was founded.
iGowise Mobility is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
iGowise Mobility is a funded company, having raised a total of $1.92M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Apr 2025.
iGowise Mobility has 24 employees.
The primary company behind iGowise Mobility, Igowise Mobility Private Limited, reported revenue of ₹26.7 Lakh for FY 2024, up 33% year on year.
BeiGo is an electric vehicle brand inspired by nature, delivering high torque and acceleration for urban environments. It features robust twin-wheel technology for enhanced grip and safety on slippery roads. Based in Bengaluru, India, the company focuses on sustainable mobility solutions, blending performance, comfort, and affordability without compromising reliability. It targets individual consumers for direct bookings and partnerships.
iGowise Mobility's top competitors include TyresNMore, Tyremarket and Cherry Agencies.
iGowise Mobility offers BeiGo X4.
iGowise Mobility has 2 investors. Key investors include Guptaji invests, and 888vc.
iGowise Mobility operates through Igowise Mobility Private Limited.
The legal entities of iGowise Mobility currently have 3 directors, including Sravan Kumar Appana, Sai Babu Devabhaktuni, Sujith Surendran.