About Oben Electric
Oben Electric is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2020 by Dinkar Agrawal, Sagar Thakkar, and Madhumita Agrawal. Electric motorcycles and components are designed and manufactured. Oben Electric has raised $37.72 million across 15 funding rounds from investors including Angel List, Mumbai Angels and IREDA. The company has 78 employees. Oben Electric was last valued at $60.04 million in January 2024. Its chief executive, as recorded, is Madhumita Agrawal. Its website obenelectric.com draws about 105 thousand monthly visits. Its Indian entity Oben Electric Vehicles Private Limited reported revenue of ₹20.77 Cr. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Two Wheelers. Its competitors include Ultraviolette, Tork Motors and Motovolt; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Bengaluru, India
- Employees 78
- Founders Dinkar Agrawal, Sagar Thakkar, Madhumita Agrawal
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Website category Vehicles · Motorcycles
- Email••••••••
- Phone•••• ••••
- Website obenelectric.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Oben Electric Vehicles Private Limited
- Date of Incorporation 20 Aug, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹20.77 Cr
FY 2025 · +1285% YoY
- Net Loss-₹69.45 Cr
FY 2025 · -334% margin
- EBITDA-₹53.54 Cr
FY 2025 · -258% margin
- Total Equity Funding$37.72M (USD)
in 15 rounds
- Latest Funding Round$10.2M (USD), Series A
Dec 2025
- InvestorsAngel List
& 70 more
- Employee Count78
Associated legal entities of Oben Electric
Oben Electric operates through Oben Electric Vehicles Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Oben Electric Vehicles Private Limited CIN U74140KA2020PTC137482 | Active | 20 Aug 2020 | Bangalore, Karnataka | ₹20.8 Cr | 78 | 7 | View details |
Apps and channels of Oben Electric
its YouTube channel Oben Electric has 4.67K subscribers and 30 videos.
Videos from Oben Electric
The most watched videos on Oben Electric's YouTube channel, Oben Electric (4.67K subscribers). Click a video to play it here.
More on Oben Electric.
Funding Insights of Oben Electric
Oben Electric has successfully raised a total of $37.72M across 15 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 $37.72M
- Total Rounds 15
- Last Round Series A — $10.2M
- First Round $1.5M
(Dec 2021)
- Investors Count 71
Latest 10 of 15 funding rounds of Oben Electric with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2025 | $10.2M | Series A | – | – | |
| Jun 2025 | $5.8M | Series A | – | – | |
| Nov 2024 | $5.93M | Series A | – | Kuberans Tech Ventures, Sanjeev Saraf Family Office | |
| Jan 2024 | $2.99M | Seed | $60.04M | Pravek Kalp, Kuberans Tech Ventures | |
| Jun 2023 | $3M | Debt – Conventional | $52.37M | – | |
| Jun 2023 | $4.88M | Seed | – | Stride Ventures, IREDA | |
| Apr 2023 | $651,100 | Seed | $••••• | Invstt | |
| Aug 2022 | Seed | – | We Founder Circle | – | |
| Jul 2022 | $4M | Seed | $••••• | Dholakia Ventures, We Founder Circle | |
| Apr 2022 | $159,800 | Seed | $••••• | We Founder Circle |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2024 | $60.04M | •••••••• |
| Jun 2023 | $52.37M | •••••••• |
| Apr 2023 | $••••• | •••••••• |
| Jul 2022 | $••••• | •••••••• |
| Apr 2022 | $••••• | •••••••• |
| Feb 2022 | $••••• | •••••••• |
| Jan 2022 | $••••• | •••••••• |
| Jan 2022 | $••••• | •••••••• |
Full valuation and stage history of Oben Electric
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
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Verified entity values are shown only after access is granted.
Last known valuation $60.04M (Jan 2024). 71 investors in total: 36 institutional and 35 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are funded through an angel network. | indiaevangels.tcc.mode | Sugar Land, United States | ||
Venture debt is provided to growth-stage companies for business scaling. | strideventures.global | Delhi, India | ||
Early-stage venture investments are facilitated by Mumbai Angels network. | 2006 | mumbaiangels.com | Mumbai, India | |
Investment in early-stage startups and global community support. | 2020 | wefoundercircle.com | Mumbai, India | |
| kalvanifamilyoffice.tcc.mode | ||||
Startups are matched with investors via an online investment platform. | 2021 | invstt.com | Mumbai, India | |
Investing in pre-seed to Series A startups across various sectors in India. | 2020 | dholakiaventures.com | Surat, India | |
Venture capital firm focused on early-stage companies | gauravsinghviventures.com | Surat, India | ||
Multiple sectors are financed via private debt by Editude Eduservices. | editudeeduservices.tcc.mode | Dehradun, India | ||
Private debt fund focused on multiple sectors | bigleapinnovations.tcc.mode | Surat, India |
Investor details for Oben Electric
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Oben Electric Vehicles Private Limited (Oben Electric)
Oben Electric Vehicles Private Limited is the primary company behind Oben Electric. The board of Oben Electric Vehicles Private Limited currently have 7 directors; the longest-serving is Dinkar Agrawal, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dinkar Agrawal DIN 07590067 | Director | 20 Aug 2020 | 6 yrs 2 mo | Oben Electric Vehicles Private Limited |
| Madhumita Agrawal DIN 06494762 | Director | 20 Aug 2020 | 6 yrs 2 mo | Oben Electric Vehicles Private Limited |
| Bimal Ajit Kalvani DIN 09812196 | Director | 05 Dec 2022 | 3 yrs 10 mo | Oben Electric Vehicles Private Limited |
| Sameer Kumarr Goel DIN 07263766 | Director | 08 Mar 2024 | 2 yrs 7 mo | Oben Electric Vehicles Private Limited |
| Sagar Jayendra Thakkar DIN 07457173 | Director | 08 Mar 2024 | 2 yrs 7 mo | Oben Electric Vehicles Private Limited |
| Anirudha Gangadhar Pangarkar DIN 08641384 | Director | 08 Mar 2024 | 2 yrs 7 mo | Oben Electric Vehicles Private Limited |
| Somesh K Singh DIN 10909235 | Director | 16 Jan 2025 | 1 yr 9 mo | Oben Electric Vehicles Private Limited |
People of Oben Electric
3 people are tracked at Oben Electric (3 in leadership); the tracked headcount is 78.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
| Co-Founder & CPO | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for Oben Electric
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Financials of Oben Electric
Figures of Oben Electric Vehicles Private Limited, the primary company behind Oben Electric, for FY 2025. Revenue was ₹20.77 Cr (+1285% year on year). Net loss was -₹69.45 Cr (-334% margin). EBITDA was -₹53.54 Cr (-258% margin).
- ₹20.77 CrRevenue · FY 2025 · +1285% YoY
- -₹69.45 CrNet loss · -334% margin
- -₹53.54 CrEBITDA · -258% margin
- ₹10.9 LakhPaid-up capital
- 78Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Oben Electric Vehicles Private Limited are on its company page.
Detailed financial statements for Oben Electric
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Oben Electric
4 dated milestones of Oben Electric across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Oben Electric is founded.
- Funding First funding round of $1.5M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $10.2M.
Competitors of Oben Electric
Oben Electric has 3 listed competitors in our database, 3 of them funded. They include Ultraviolette, Tork Motors and Motovolt.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ultraviolette.com | 2016 | Bengaluru, India | $103.97M | 358 | High-performance electric motorcycles for street and sports use are engineered. | |
| torkmotors.com | 2010 | Pimpri Chinchwad, India | $10.2M | 209 | Electric motorcycles with GPS trackers are manufactured by Tork Motors. | |
| motovolt.co | 2019 | Kolkata, India | $1.92M | 315 | Electric bicycles with advanced features are developed by Motovolt. |
Detailed competitors of Oben Electric
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Oben Electric
The website of Oben Electric (obenelectric.com) receives about 104.9K visits a month and ranks #300,967 among all websites worldwide, #7,181 in Motorcycles.
- Monthly visits104.9K
▼ 23.6% vs previous month
- Unique visitors71.7K
per month
- Global rank#300,967
among all websites
- Category rank#7,181
Vehicles · Motorcycles
- Bounce rate61%
- Pages per visit2.2
- Average visit1 min 22 sec
- DevicesDesktop 9% · Mobile 91%
Websites whose visitors overlap most with Oben Electric. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| joyebike.com | 100% | 26.4K | #919,057 | View details | |
| bikewale.com | 99% | 62M | #701 | View details | |
| revoltmotors.com | 91% | 130.5K | #247,379 | View details | |
| bikedekho.com | 91% | 13.5M | #3,442 | View details | |
| acerelectric.in | 86% | #1,259,538 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 23 similar websites and full traffic analytics for Oben Electric
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- 23 similar websites
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Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Oben Electric (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 |
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Related news about Oben Electric
Complete news archive for 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 CEO of Oben Electric, as recorded in our data. They have also founded this company.
Oben Electric is a funded company, having raised a total of $37.72M across 15 funding rounds to date. The company's 1st funding round was a Seed of $159.8K, raised on Dec 2021.
Oben Electric has 78 employees.
The primary company behind Oben Electric, Oben Electric Vehicles Private Limited, reported revenue of ₹20.77 Cr for FY 2025, up 1285% year on year.
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 Motovolt.
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.
Oben Electric operates through Oben Electric Vehicles Private Limited.
The legal entities of Oben Electric currently have 7 directors, including Dinkar Agrawal, Madhumita Agrawal, Bimal Ajit Kalvani and others.