About InnovMon Technologies
InnovMon Technologies is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2019 by Rakesh Khatokar and P K Ashwini Kumar. It operates as a developer of electric vehicles and charging infrastructure. InnovMon Technologies was last valued at $144.33 thousand in April 2022. Its chief executive is Rakesh Khatokar. Its Indian entity Innovmon Technologies Private Limited reported revenue of ₹63.7 Lakh. InnovMon Technologies offers products and services including E-Bicycle, Li-ion Battery Pack, and Buck Converter. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Multi Category Vehicles. Its competitors include Tesla, Fisker, Motovolt, BAIC New Energy and BNC Motors and 2 more; 7 of its 7 listed competitors have raised funding.
Company details
InnovMon Technologies was founded in 2019 in Bengaluru, India, within the electric vehicle and renewable energy sector. Electric vehicles are designed and developed, while conventional fuel-based automobiles are converted into hybrids. Renewable energy-based charging infrastructure solutions are also created. Operations focus on sustainable mobility advancements, with key leadership provided by co-founder and CEO Rakesh Khatokar and founder and managing director P K Ashwini Kumar.
- Headquarters Bengaluru, India
- Founders Rakesh Khatokar, P K Ashwini Kumar
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website innovmon-technologies.com
- Social LinkedIn X
- Legal Name Innovmon Technologies Private Limited
- Date of Incorporation 04 Dec, 2019
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹63.7 Lakh
FY 2025 · +70% YoY
- Net Profit₹8 Lakh
FY 2025 · 13% margin
- EBITDA₹7.8 Lakh
FY 2025 · 12% margin
Associated legal entities of InnovMon Technologies
InnovMon Technologies operates through Innovmon Technologies 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 |
|---|---|---|---|---|---|---|---|
| Innovmon Technologies Private Limited CIN U34300KA2019PTC130310 | Active | 04 Dec 2019 | Bangalore, Karnataka | ₹0.6 Cr | – | 5 | View details |
Products & Services of InnovMon Technologies
InnovMon Technologies offers a comprehensive portfolio of products and services, including E-Bicycle, Li-ion Battery Pack, and Buck Converter.
Electric bicycle for personal and eco-friendly transportation needs.
Lithium-ion pack for powering electric vehicles efficiently.
Device for managing power in electric vehicle systems.
Funding Insights of InnovMon Technologies
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of InnovMon Technologies 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 |
|---|---|---|---|---|---|
| Apr 2022 | – | Angel Round | $144,325 | Lakshmi Sridhar | – |
Last known valuation $144,325 (Apr 2022). 1 investors in total: 0 institutional and 1 angel.
Investors in InnovMon Technologies
InnovMon Technologies has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Lakshmi Sridhar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
LS Lakshmi Sridhar | - | – | unknown_644a1948a7064c36a | - |
Investor details for InnovMon Technologies
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 Innovmon Technologies Private Limited (InnovMon Technologies)
Innovmon Technologies Private Limited is the primary company behind InnovMon Technologies. The board of Innovmon Technologies Private Limited currently have 5 directors; the longest-serving is Ashwinikumar Krishnaswamy Pratiwadibhayamkaram, appointed in 2019. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashwinikumar Krishnaswamy Pratiwadibhayamkaram DIN 08629125 | Managing Director | 04 Dec 2019 | 6 yrs 10 mo | Innovmon Technologies Private Limited |
| Khatokar Amarnathrao Rakesh DIN 08629126 | Director | 04 Dec 2019 | 6 yrs 10 mo | Innovmon Technologies Private Limited |
| Saroja Ashwini Kumar DIN 09689996 | Director | 30 Jul 2022 | 4 yrs 2 mo | Innovmon Technologies Private Limited |
| Keshav Raghunathan DIN 09695099 | Director | 03 Aug 2022 | 4 yrs 2 mo | Innovmon Technologies Private Limited |
| Dhanyashree Urs Honnur Veeraraje Urs DIN 11096050 | Additional Director | 02 Feb 2026 | 8 mo | Innovmon Technologies Private Limited |
People of InnovMon Technologies
2 people are tracked at InnovMon Technologies (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
P K Ashwini Kumar | Founder & Managing Director | Leadership |
Complete people profiles for InnovMon Technologies
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 InnovMon Technologies
Figures of Innovmon Technologies Private Limited, the primary company behind InnovMon Technologies, for FY 2025. Revenue was ₹63.7 Lakh (+70% year on year). Net profit was ₹8 Lakh (13% margin). EBITDA was ₹7.8 Lakh (12% margin). Revenue has grown at a compounded annual rate of +291% over three years and +418% over five years.
- ₹63.7 LakhRevenue · FY 2025 · +70% YoY
- ₹8 LakhNet profit · 13% margin
- ₹7.8 LakhEBITDA · 12% margin
- ₹40.6 LakhPaid-up capital
- +291%Revenue CAGR, 3 years
- +418%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Innovmon Technologies Private Limited are on its company page.
Detailed financial statements for InnovMon Technologies
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 InnovMon Technologies
2 dated milestones of InnovMon Technologies across 3 years, from founding to its latest funding, stage changes and deals.
- Founded InnovMon Technologies is founded.
- Funding First funding round.
Competitors of InnovMon Technologies
InnovMon Technologies has 7 listed competitors in our database, 7 of them funded. They include Tesla, Fisker, Motovolt, BAIC New Energy and BNC Motors, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tesla.com | 2003 | Austin, United States | $407.53M | 125,665 | Electric vehicles and solar energy products are manufactured. | |
| fiskerinc.com | 2007 | Los Angeles, United States | $1.11B | 1,195 | Electric vehicles are manufactured and leased by Fisker Inc. | |
| motovolt.co | 2019 | Kolkata, India | $1.92M | 315 | Electric bicycles with advanced features are developed by Motovolt. | |
| bjev.com.cn | 2009 | Beijing, China | $2.12B | – | Electric vehicles are developed and engineered in Beijing, China. | |
| 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 | |
| pureev.in | 2015 | Hyderabad, India | $15.91M | 115 | Lithium-based energy storage products and electric vehicles are manufactured. |
Detailed competitors of InnovMon Technologies
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.
Top companies in Electric & Green Mobility
10 companies that operate in the same segment as InnovMon Technologies (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | – | 2,813 | |
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 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – |
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Frequently Asked Questions about InnovMon Technologies
InnovMon Technologies was founded in 2019 and raised its 1st funding round 3 years after it was founded.
InnovMon Technologies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Rakesh Khatokar is the current CEO of InnovMon Technologies. They have also founded this company.
The primary company behind InnovMon Technologies, Innovmon Technologies Private Limited, reported revenue of ₹63.7 Lakh for FY 2025, up 70% year on year.
InnovMon Technologies was founded in 2019 in Bengaluru, India, within the electric vehicle and renewable energy sector. Electric vehicles are designed and developed, while conventional fuel-based automobiles are converted into hybrids. Renewable energy-based charging infrastructure solutions are also created. Operations focus on sustainable mobility advancements, with key leadership provided by co-founder and CEO Rakesh Khatokar and founder and managing director P K Ashwini Kumar.
InnovMon Technologies's top competitors include Fisker, Tesla and Greaves Electric Mobility.
InnovMon Technologies offers E-Bicycle, Li-ion Battery Pack, and Buck Converter.
InnovMon Technologies has 1 investor. Key investors include Lakshmi Sridhar.
The valuation of InnovMon Technologies is $144.33K as of Apr 2022.
InnovMon Technologies operates through Innovmon Technologies Private Limited.
The legal entities of InnovMon Technologies currently have 5 directors, including Keshav Raghunathan, Saroja Ashwini Kumar, Ashwinikumar Krishnaswamy Pratiwadibhayamkaram and others.