About Lords Automative
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Lords Automative is a company based in Mumbai (India) founded in 2020. The company has 43 employees. Lords Automative has completed 1 acquisition, including Devam Electric Vehicles. Lords Automative offers products and services including Lord's Zoom, Lord's Zoom Plus, and Lord's Devam King. Lords Automative operates in a competitive market with competitors including Tesla, Fisker, Motovolt, BAIC New Energy and BNC Motors, among others.
- Headquarter Mumbai, India
- Employees 43
- SectorsTransportation, Automotive & Logistics
- EmailLocked
- PhoneLocked
- Website lordsauto.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Lords Automative Private Limited
- Date of Incorporation 21 Feb, 2020
- Jurisdiction Borivli East Mumbai, Maharashtra, India
- Annual Revenue$3.49 M (USD)33.62as on Mar 31, 2023
- Net Profit$245.94 K (USD)63.07as on Mar 31, 2023
- EBITDA$360.47 K (USD)178.35as on Mar 31, 2023
- Investors
- Employee Count43
- Investments & Acquisitions
Associated legal entities of Lords Automative
Lords Automative operates through Lords Mark Tech Next 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 | Report |
|---|---|---|---|---|---|---|---|
| Lords Mark Tech Next Private Limited CIN U34100MH2020PTC338096 | Active | 21 Feb 2020 | Mumbai, Maharashtra | ₹44.1 Cr | 43 | 2 | Buy report |
People of Lords Automative
2 people are tracked at Lords Automative (2 in leadership); the tracked headcount is 43.
| Name | Role | Group |
|---|---|---|
Veer Singh | CEO | Leadership |
| Managing Director | Leadership |
Complete people profiles for Lords Automative
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Board of directors of Lords Mark Tech Next Private Limited (Lords Automative)
Lords Mark Tech Next Private Limited is the primary company behind Lords Automative. The board of Lords Mark Tech Next Private Limited currently have 2 directors; the longest-serving is Ramesh Kumar Miglani, appointed in 2025. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ramesh Kumar Miglani DIN 08528482 | Additional Director | 01 Oct 2025 | 1 yr | Lords Mark Tech Next Private Limited |
| Naitik Ashwin Vyas DIN 06603151 | Additional Director | 15 Nov 2025 | 10 mo | Lords Mark Tech Next Private Limited |
Products & Services of Lords Automative
Lords Automative offers a comprehensive portfolio of products and services, including Lord's Zoom, Lord's Zoom Plus, and Lord's Devam King.
Two-wheeler for urban commuting with long battery life.
Enhanced two-wheeler offering extended range and comfort.
Three-wheeler for cargo and passenger transport.
Apps and channels of Lords Automative
its YouTube channel Lords Automotive Private Limited has 93 subscribers and 8 videos.
Financials of Lords Automative
Figures of Lords Mark Tech Next Private Limited, the primary company behind Lords Automative, for FY 2024. Revenue was ₹44.11 Cr (+52% year on year). Net profit was ₹3.80 Cr (9% margin). EBITDA was ₹5.95 Cr (13% margin). Revenue has grown at a compounded annual rate of +80% over three years.
- ₹44.11 CrRevenue · FY 2024 · +52% YoY
- ₹3.80 CrNet profit · 9% margin
- ₹5.95 CrEBITDA · 13% margin
- ₹20.00 CrPaid-up capital
- 43Employees (provident fund records)
- +80%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Lords Mark Tech Next Private Limited are on its company page.
Buy the company report of Lords Mark Tech Next Private LimitedDetailed financial statements for Lords Automative
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Funding Insights of Lords Automative
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Lords Automative with amounts, post-money valuations and investors.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 31 Jan 2024 | Undisclosed | Debt – Conventional | – | – |
1 investors in total: 1 institutional.
Investors in Lords Automative
Lords Automative has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include First Enterprise.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of business loans and support services | – | first-enterprise.co.uk | Nottingham, United Kingdom |
Investor details for Lords Automative
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Investments & Acquisitions by Lords Automative
Lords Automative has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Devam Electric Vehicles.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Helicopter industry resources and job board are provided. | devamev.com | Ahmedabad, India | 2014 | Aug 2021 | Undisclosed |
Complete acquisition details for Lords Automative
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Timeline of Lords Automative
3 dated milestones of Lords Automative across 4 years, from founding to its latest funding, stage changes and deals.
- Lords Automative is founded.
- Acquires Devam Electric Vehicles.
- First funding round.
Competitors of Lords Automative
Lords Automative 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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tesla.com | 2003 | Austin, United States | $583.8M | 125,665 | Electric vehicles and solar energy products are manufactured. | |
| fiskerinc.com | 2007 | Los Angeles, United States | $1.1B | 1,195 | Electric vehicles are manufactured and leased by Fisker Inc. | |
| motovolt.co | 2019 | Kolkata, India | $1.9M | 315 | Electric bicycles with advanced features are developed by Motovolt. | |
| bjev.com.cn | 2009 | Beijing, China | $2.1B | – | Electric vehicles are developed and engineered in Beijing, China. | |
| bncmotors.in | 2020 | Coimbatore, India | $8.7M | – | Electric two-wheelers with removable batteries and hub motors are manufactured. | |
| greaveselectricmobility.com | 2008 | Bengaluru, India | $226.3M | 1,551 | Manufacturer of electric two and three-wheelers for personal and commercial use | |
| pureev.in | 2015 | Hyderabad, India | $15.9M | 115 | Lithium-based energy storage products and electric vehicles are manufactured. |
Detailed competitors of Lords Automative
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Latest news on Lords Automative
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Frequently Asked Questions about Lords Automative
Lords Automative was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Lords Automative is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Veer Singh is the current CEO of Lords Automative.
Lords Automative has 43 employees.
Annual revenue of Lords Automative is $3.49M as on Mar 31, 2023.
Lords Automotive is a manufacturer of electric scooters. Its features include keyless start, digital dashboards, USB charging port, broad tyres, BLDC motor, tubeless tyres and telescopic suspensions. It also develops Li-ion batteries, and provides a network of EV charging stations for individuals and businesses.
Lords Automative's top competitors include Fisker, Tesla and Greaves Electric Mobility.
Lords Automative offers Lord's Zoom, Lord's Zoom Plus, and Lord's Devam King.
Lords Automative has made 1 acquisition, including Devam Electric Vehicles.
Lords Automative has 1 investor. Key investors include First Enterprise.
Lords Automative operates through Lords Automative Private Limited.
The legal entities of Lords Automative currently have 2 directors, including Naitik Ashwin Vyas, Ramesh Kumar Miglani.