About Montra Electric
Montra Electric is a company based in Chennai (India) founded in 2020.. The company has 499 employees as of March 30, 2025. Montra Electric offers products and services including Super Auto, Super Cargo, EVIATOR, Rhino, and E-Tractor. Montra Electric operates in a competitive market with competitors including TI Clean Mobility, 3evi, ETO Motors, GMW and Atul Greentech, among others.
- Headquarter Chennai, India
- Employees 499 as on 30 Mar, 2025
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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- Legal Name Ti Clean Mobility Private Limited
- Jurisdiction Chennai City Corporation, Tamil Nadu, India
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Annual Revenue
$30.77 M (USD)1009.29as on Mar 31, 2024
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Net Profit
$-29.84 M (USD)-89.32as on Mar 31, 2024
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EBITDA
$-27 M (USD)-140.43as on Mar 31, 2024
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Latest Funding Round
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Investors
Multiples Alternate Asset Management
& 1 more
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Employee Count
499
as on Mar 30, 2025
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Products & Services of Montra Electric
Montra Electric offers a comprehensive portfolio of products and services, including Super Auto, Super Cargo, EVIATOR, Rhino, and E-Tractor. 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.
Electric auto for urban passenger and light transport needs
Electric vehicle for goods and cargo transportation
Small commercial vehicle for business mobility solutions
Heavy commercial vehicle for industrial transport operations
Electric tractor for agricultural and utility applications
Funding Insights of Montra Electric
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Seed - Montra Electric | Valuation | South Asia |
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| Mar, 2023 | Amount | Seed - Montra Electric | Valuation | Multiples Alternate Asset Management |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Montra Electric
Montra Electric has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Multiples Alternate Asset Management and South Asia. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment partnerships, entrepreneur support, and profit-focused services in finance.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Montra Electric
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Montra Electric
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Montra Electric Comparisons
Competitors of Montra Electric
Montra 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 TI Clean Mobility, 3evi, ETO Motors, GMW and Atul Greentech, 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 three-wheelers are designed, manufactured, and marketed for passenger transport.
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| domain | founded_year | HQ Location |
Three-wheel electric vehicles are manufactured along with hyper-local connectivity services.
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| domain | founded_year | HQ Location |
Online platform offering electric vehicles and fleet management solutions
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| domain | founded_year | HQ Location |
Platform offering electric mobility solutions
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| domain | founded_year | HQ Location |
Electric rickshaws are manufactured and developed by Atul Greentech.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Montra Electric
Frequently Asked Questions about Montra Electric
When was Montra Electric founded?
Montra Electric was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Montra Electric located?
Montra Electric is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of Montra Electric?
Roy Kurian is the current CEO of Montra Electric.
How many employees does Montra Electric have?
As of Mar 30, 2025, the latest employee count at Montra Electric is 499.
What is the annual revenue of Montra Electric?
Annual revenue of Montra Electric is $30.77M as on Mar 31, 2024.
What does Montra Electric do?
Montra Electric was established in 2020 and is headquartered in Chennai, India. Operations are centered on the production of electric three-wheelers within the automotive sector. Manufacturing activities are conducted to support urban mobility solutions. The company operates through its domain montraelectric.com. Leadership is provided by CEO Roy Kurian, overseeing development and market expansion in the region.
Who are the top competitors of Montra Electric?
Montra Electric's top competitors include ETO Motors, TI Clean Mobility and Atul Greentech.
What products or services does Montra Electric offer?
Montra Electric offers Super Auto, Super Cargo, EVIATOR, Rhino, and E-Tractor.
Who are Montra Electric's investors?
Montra Electric has 2 investors. Key investors include Multiples Alternate Asset Management, and South Asia.