About Oben Electric
Oben Electric is a company based in Bengaluru (India) founded in 2020 by Dinkar Agrawal, Sagar Thakkar, and Madhumita Agrawal. Oben Electric has raised $37.56 million across 14 funding rounds from investors including Angel List, Mumbai Angels and IREDA. The company has 78 employees as of April 09, 2024. Oben Electric operates in a competitive market with competitors including Ultraviolette, Tork Motors, Motovolt, BNC Motors and Greaves Electric Mobility, among others.
- Headquarter Bengaluru, India
- Employees 78 as on 09 Apr, 2024
- Founders Dinkar Agrawal, Sagar Thakkar, Madhumita Agrawal
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Oben Electric Vehicles Private Limited
- Date of Incorporation 20 Aug, 2020
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$492.97 (USD)0as on Mar 31, 2023
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Net Profit
-$2.61 M (USD)0as on Mar 31, 2023
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EBITDA
-$2.23 M (USD)0as on Mar 31, 2023
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Total Equity Funding
$37.56 M (USD)
in 14 rounds
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Latest Funding Round
$10.2 M (USD), Series A
Dec 18, 2025
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Investors
Angel List
& 70 more
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Employee Count
78
as on Apr 09, 2024
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Funding Insights of Oben Electric
Oben Electric has successfully raised a total of $37.56M across 14 strategic funding rounds. The most recent funding activity was a Series A round of $10.2 million completed in December 2025. 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 Oben Electric
Oben Electric has secured backing from 71 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Mumbai Angels and IREDA.
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Early-stage startups are funded through an angel network.
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Venture debt is provided to growth-stage companies for business scaling.
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Investor details for Oben Electric
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Investments & Acquisitions by Oben Electric
Investment portfolio details for Oben Electric
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Financial Statements - Oben Electric
Detailed financials for Oben Electric
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Oben Electric Comparisons
Peer comparison for Oben Electric
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Competitors of Oben Electric
Oben 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 Ultraviolette, Tork Motors, Motovolt, BNC Motors and Greaves Electric Mobility, among others.
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High-performance electric motorcycles for street and sports use are engineered.
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Electric motorcycles with GPS trackers are manufactured by Tork Motors.
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Electric bicycles with advanced features are developed by Motovolt.
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Electric two-wheelers with removable batteries and hub motors are manufactured.
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Manufacturer of electric two and three-wheelers for personal and commercial use
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Detailed competitors of Oben Electric
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Latest news on Oben Electric
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Frequently Asked Questions about Oben Electric
Oben Electric was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Oben Electric is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Madhumita Agrawal is the current CEO of Oben Electric. They have also founded this company.
Oben Electric is a funded company, having raised a total of $37.56M across 14 funding rounds to date.
As of Apr 09, 2024, the latest employee count at Oben Electric is 78.
Annual revenue of Oben Electric is $492.97 as on Mar 31, 2023.
Oben Electric was founded in 2020 and is based in Bengaluru, India. Operations focus on the electric vehicle sector, where performance-oriented motorcycles are designed and produced alongside related components. Advanced battery chemistry and proprietary motor technology are incorporated into the vehicles. Fast charging capabilities, connectivity options, and smart safety features are integrated as standard elements.
Oben Electric's top competitors include Ultraviolette, Tork Motors and Greaves Electric Mobility.
Oben Electric has 71 investors. Key investors include Angel List, Mumbai Angels, IREDA, We Founder Circle, and Lepton Software.
The valuation of Oben Electric is $60.04M as of Jan 2024.