About Motovolt
Motovolt is a company based in Kolkata (India) founded in 2019 by Tushar Choudhary. Motovolt has raised $1.92 million across 1 funding round from investors including PPAP, WAMI Capital and Vikas Bagaria. The company has 211 employees as of April 08, 2024. Motovolt offers products and services including M7, URBN, Hum, and Kivo. Motovolt operates in a competitive market with competitors including Tesla, Fisker, BAIC New Energy, BNC Motors and Greaves Electric Mobility, among others.
- Headquarter Kolkata, India
- Employees 211 as on 08 Apr, 2024
- Founders Tushar Choudhary
- Stage Minicorn
-
Sectors
Transportation, Automotive & Logistics
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Motovolt Mobility Private Limited
- Date of Incorporation 27 Dec, 2019
- Jurisdiction Kolkata, West Bengal, India
-
Annual Revenue
$2.51 M (USD)0.71as on Mar 31, 2024
-
Net Profit
-$2.31 M (USD)-107.87as on Mar 31, 2024
-
EBITDA
-$2.15 M (USD)-80.28as on Mar 31, 2024
-
Total Equity Funding
$1.92 M (USD)
in 1 rounds
-
Latest Funding Round
$1.92 M (USD), Seed
Oct 19, 2022
-
Investors
PPAP
& 18 more
-
Employee Count
211
as on Apr 08, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Motovolt
Motovolt offers a comprehensive portfolio of products and services, including M7, URBN, Hum, and Kivo.
Scooter for cargo and commuting with long range.
Feature-packed scooter for fun and fast rides.
E-cycle for all terrains with high load capacity.
Electric-assisted cycle for everyday commuting.
People of Motovolt
Unlock access to complete
Funding Insights of Motovolt
Motovolt has successfully raised a total of $1.92M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.92 million completed in October 2022. 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 Motovolt
Motovolt has secured backing from 19 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include PPAP, WAMI Capital and Vikas Bagaria.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital investments are managed by this single-family office.
|
Locked | Locked | Locked | |
|
Private equity investments are directed toward multiple sectors.
|
Locked | Locked | Locked | |
|
Automotive sealing systems and polymer-based parts are manufactured for vehicles.
|
Locked | Locked | Locked |
Investor details for Motovolt
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Motovolt
Investment portfolio details for Motovolt
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Motovolt
Detailed financials for Motovolt
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Motovolt Comparisons
Peer comparison for Motovolt
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Motovolt
Motovolt 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, BAIC New Energy, BNC Motors and Greaves Electric Mobility, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Electric vehicles and solar energy products are manufactured.
|
|
| Locked | Locked | Locked |
Electric vehicles are manufactured and leased by Fisker Inc.
|
|
| Locked | Locked | Locked |
Electric vehicles are developed and engineered in Beijing, China.
|
|
| Locked | Locked | Locked |
Electric two-wheelers with removable batteries and hub motors are manufactured.
|
|
| Locked | Locked | Locked |
Manufacturer of electric two and three-wheelers for personal and commercial use
|
Detailed competitors of Motovolt
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Motovolt
Complete news archive for Motovolt
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Motovolt
Motovolt was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Motovolt is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Tushar Choudhary is the current CEO of Motovolt. They have also founded this company.
Motovolt is a funded company, having raised a total of $1.92M across 1 funding round to date.
As of Apr 08, 2024, the latest employee count at Motovolt is 211.
Annual revenue of Motovolt is $2.51M as on Mar 31, 2024.
Motovolt was founded in 2019 in Kolkata, India, focusing on the electric mobility sector. Various models of electric bicycles, such as Hum, Kivo, Kivo Easy, and Ice, are developed. These incorporate disc brakes, removable batteries, BLDC motors, and lithium-ion batteries. Color variants are offered to suit different preferences. Operations center on sustainable urban transportation solutions within the Indian market.
Motovolt's top competitors include Fisker, Tesla and Greaves Electric Mobility.
Motovolt offers M7, URBN, Hum, and Kivo.
Motovolt has 19 investors. Key investors include PPAP, WAMI Capital, Vikas Bagaria, Vikrampati Singhania, and Ankur Agarwal.
The valuation of Motovolt is $12.96M as of Oct 2022.