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.
- Total Funding Total Funding
- Total Rounds 14
- Last Round Series A — $10.2M
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First Round
First Round
(01 Dec 2021)
- Investors Count 71
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Series A - Oben Electric | Valuation |
investors |
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| Jun, 2025 | Amount | Series A - Oben Electric | Valuation |
investors |
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| Nov, 2024 | Amount | Series A - Oben Electric | Valuation | Kuberans Tech Ventures , Sanjeev Saraf Family Office |
| 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 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. 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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Early-stage startups are funded through an angel network.
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Founded Year | Domain | Location | |
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Venture debt is provided to growth-stage companies for business scaling.
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Founded Year | Domain | Location | |
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Early-stage venture investments are facilitated by Mumbai Angels network.
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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 Oben 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 - Oben 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 |
Oben Electric Comparisons
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. 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 |
High-performance electric motorcycles for street and sports use are engineered.
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| domain | founded_year | HQ Location |
Electric motorcycles with GPS trackers are manufactured by Tork Motors.
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| domain | founded_year | HQ Location |
Electric bicycles with advanced features are developed by Motovolt.
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| domain | founded_year | HQ Location |
Electric two-wheelers with removable batteries and hub motors are manufactured.
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| domain | founded_year | HQ Location |
Manufacturer of electric two and three-wheelers for personal and commercial use
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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 Oben Electric
Frequently Asked Questions about Oben Electric
When was Oben Electric founded?
Oben Electric was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Oben Electric located?
Oben Electric is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Oben Electric?
Madhumita Agrawal is the current CEO of Oben Electric. They have also founded this company.
Is Oben Electric a funded company?
Oben Electric is a funded company, having raised a total of $37.56M across 14 funding rounds to date. The company's 1st funding round was a Series A of $5.93M, raised on Dec 01, 2021.
How many employees does Oben Electric have?
As of Apr 09, 2024, the latest employee count at Oben Electric is 78.
What is the annual revenue of Oben Electric?
Annual revenue of Oben Electric is $492.97 as on Mar 31, 2023.
What does Oben Electric do?
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.
Who are the top competitors of Oben Electric?
Oben Electric's top competitors include Ultraviolette, Tork Motors and Greaves Electric Mobility.
Who are Oben Electric's investors?
Oben Electric has 71 investors. Key investors include Angel List, Mumbai Angels, IREDA, We Founder Circle, and Lepton Software.
What is Oben Electric's valuation?
The valuation of Oben Electric is $60.04M as of Jan 2024.
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