Jitendra New EV Tech

Nashik, India Founded: 2016 • Age: 10 yrs
Produces electric scooters and bikes for eco-friendly transportation solutions.

About Jitendra New EV Tech

Jitendra New EV Tech is a company based in Nashik (India) founded in 2016 by Jitendra Shah. It operates as a B2C, and D2C. The company has 21 employees as of March 31, 2023. Jitendra New EV Tech offers products and services including YUNIK Motor, JMT 1000 SW, PRIMO PLUS, and JMT 1000 LA. Jitendra New EV Tech operates in a competitive market with competitors including Tesla, Fisker, Motovolt, BAIC New Energy and BNC Motors, among others.

  • Headquarter Nashik, India
  • Employees 21 as on 31 Mar, 2023
  • Founders Jitendra Shah
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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  • Legal Name Jitendra New Ev Tech Private Limited
  • Date of Incorporation 16 May, 2016
  • Jurisdiction Nasik, Maharashtra, India
Operational Areas
Transportation, Automotive & Logistics → General Mobility & Transit Solutions
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
    $11.43 M (USD)
    47.42
    as on Mar 31, 2023
  • Net Profit
    $252.23 K (USD)
    118.94
    as on Mar 31, 2023
  • EBITDA
    $1.02 M (USD)
    167.81
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    21

    as on Mar 31, 2023

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Products & Services of Jitendra New EV Tech

Jitendra New EV Tech offers a comprehensive portfolio of products and services, including YUNIK Motor, JMT 1000 SW, PRIMO PLUS, and JMT 1000 LA. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

High-performance electric two-wheeler with 2500W motor and long range.

Electric two-wheeler offering up to 121KMPC range and fast charging.

Electric scooter with 137KMPC range and 1000W motor for daily use.

Compact electric two-wheeler focused on efficiency and moderate range.

Funding Insights of Jitendra New EV Tech

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Jitendra New EV Tech

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Jitendra New EV Tech

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jitendra New Ev Tech Comparisons

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Competitors of Jitendra New EV Tech

Jitendra New EV Tech 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 Tesla, Fisker, Motovolt, BAIC New Energy and BNC Motors, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Electric vehicles and solar energy products are manufactured.
domain founded_year HQ Location
Electric vehicles are manufactured and leased by Fisker Inc.
domain founded_year HQ Location
Electric bicycles with advanced features are developed by Motovolt.
domain founded_year HQ Location
Electric vehicles are developed and engineered in Beijing, China.
domain founded_year HQ Location
Electric two-wheelers with removable batteries and hub motors are manufactured.
domain founded_year HQ Location
Manufacturer of electric two and three-wheelers for personal and commercial use
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Jitendra New Ev Tech

Frequently Asked Questions about Jitendra New EV Tech

When was Jitendra New EV Tech founded?

Jitendra New EV Tech was founded in 2016.

Where is Jitendra New EV Tech located?

Jitendra New EV Tech is headquartered in Nashik, India. It is registered at Nashik, Maharashtra, India.

How many employees does Jitendra New EV Tech have?

As of Mar 31, 2023, the latest employee count at Jitendra New EV Tech is 21.

What is the annual revenue of Jitendra New EV Tech?

Annual revenue of Jitendra New EV Tech is $11.43M as on Mar 31, 2023.

What does Jitendra New EV Tech do?

Jitendra EV is a manufacturer of electric two-wheelers, focusing on innovative designs for sustainable mobility. They offer models like YUNIK and JMT with features such as high performance and quick charging, aimed at reducing emissions. Based in Nashik, India, the company serves consumers through dealerships and direct sales, promoting green transportation for urban riders.

Who are the top competitors of Jitendra New EV Tech?

Jitendra New EV Tech's top competitors include Fisker, Tesla and Greaves Electric Mobility.

What products or services does Jitendra New EV Tech offer?

Jitendra New EV Tech offers YUNIK Motor, JMT 1000 SW, PRIMO PLUS, and JMT 1000 LA.

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