About inGO Electric
inGO Electric is a company based in Bengaluru (India) founded in 2018 by Nikhil Gonsalves and Gabriel Siddharth Gonsalves John. inGO Electric has raised $270.12 thousand across 3 funding rounds from investors including Altair, Startup Karnataka and Ramani Iyer. inGO Electric offers products and services including inGO Flee, Flee Heavy Duty, and inGO Flee.T. inGO Electric operates in a competitive market with competitors including Ola Electric, Ather Energy, Gogoro, Hero Electric and BGauss, among others.
- Headquarter Bengaluru, India
- Founders Nikhil Gonsalves, Gabriel Siddharth Gonsalves John
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Ingo Electric Private Limited
- Date of Incorporation 05 Jun, 2018
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$109.74 K (USD)112.8as on Mar 31, 2022
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Net Profit
-$98.1 K (USD)-94.09as on Mar 31, 2022
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EBITDA
-$203.6 K (USD)-102.68as on Mar 31, 2022
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Total Equity Funding
$270.12 K (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
Altair
& 2 more
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Employee Count
Not available
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Products & Services of inGO Electric
inGO Electric offers a comprehensive portfolio of products and services, including inGO Flee, Flee Heavy Duty, and inGO Flee.T.
Compact electric scooter for business with 50 km range and battery swapping.
Heavy-duty model for cargo with 175 kg load capacity and fast charging.
Variant for business with customizable features and IoT tracking.
Funding Insights of inGO Electric
inGO Electric has successfully raised a total of $270.12K across 3 strategic funding rounds. 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.
Investors in inGO Electric
inGO Electric has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include Altair, Startup Karnataka and Ramani Iyer.
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AI-powered data science platform enables model deployment and analytics insights.
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Support for startups in Karnataka is delivered through policies, funding, and networking services.
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Ramani Iyer |
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Investor details for inGO Electric
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Investments & Acquisitions by inGO Electric
Investment portfolio details for inGO Electric
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Financial Statements - inGO Electric
Detailed financials for inGO Electric
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Ingo Electric Comparisons
Peer comparison for inGO Electric
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Competitors of inGO Electric
inGO Electric 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, Hero Electric and BGauss, among others.
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Electric scooters and motorcycles are manufactured with related accessories.
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Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
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Electric scooters are developed and battery swapping networks are operated.
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Manufacturer offering electric scooters and mobility solutions
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Retailer of electric scooters offering test rides, maintenance, and financing
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Electric scooters are designed and produced for urban mobility.
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Detailed competitors of inGO Electric
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Latest news on Ingo Electric
Complete news archive for inGO Electric
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Frequently Asked Questions about inGO Electric
inGO Electric was founded in 2018.
inGO Electric is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Nikhil Gonsalves is the current CEO of inGO Electric. They have also founded this company.
inGO Electric is a funded company, having raised a total of $270.12K across 3 funding rounds to date.
Annual revenue of inGO Electric is $109.74K as on Mar 31, 2022.
inGO Electric was founded in 2018 in Bengaluru, India, and operates in the electric vehicle manufacturing sector. Two-wheeled vehicles are produced for business applications, particularly last-mile delivery. Designs incorporate battery swapping and charging options for ease of use, along with heavy-duty suspension to ensure comfort and durability across various environments and conditions.
inGO Electric's top competitors include Ather Energy, Ola Electric and BGauss.
inGO Electric offers inGO Flee, Flee Heavy Duty, and inGO Flee.T.
inGO Electric has 3 investors. Key investors include Altair, Startup Karnataka, and Ramani Iyer.
The valuation of inGO Electric is $887.77K as of Mar 2020.