Ohm Mobility

Bengaluru, India Founded: 2020 • Age: 6 yrs Minicorn
A platform for financing electric vehicles is provided to users.

About Ohm Mobility

Ohm Mobility is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2020 by Nikhil Nair and Nikhil Saigal. It operates as an a platform for financing electric vehicles is provided to users. It operates in the Transportation, Automotive & Logistics and Financial Services sectors. Ohm Mobility has raised $619.84 thousand across 3 funding rounds from investors including QED Innovation, Spice Route Legal and Ecoforge. The company has 1 employees. Ohm Mobility has completed 1 acquisition, including CloudNBFC. Ohm Mobility was last valued at $3.45 million in May 2023. Its chief executive is Nikhil Nair. Its Indian entity Ohm Mobility Private Limited reported revenue of β‚Ή19.2 Lakh. Ohm Mobility offers products and services including Loans and Lease. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its competitors include Turno, VidyutTech, Three Wheels United, TapFin and GoMylz Mobility; 4 of its 5 listed competitors have raised funding.

Company details

Founded in 2020 and based in Bengaluru, India, a platform is operated by the company to facilitate financing for electric vehicles. Capital discovery, verification, and disbursement across EV assets are enabled through this platform. Loans and leasing services are offered, incorporating digital payments, IoT data integration, and data science analytics to streamline the financing process in the electric mobility sector.

  • Headquarters Bengaluru, India
  • Employees 1
  • Founders Nikhil Nair, Nikhil Saigal
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Financial Services
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website ohmmobility.com
  • Social LinkedIn X Facebook
  • Legal Name Ohm Mobility Private Limited
  • Date of Incorporation 27 Apr, 2020
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹19.2 Lakh

    FY 2025 · -41% YoY

  • Net Loss
    -₹1.29 Cr

    FY 2025 · -669% margin

  • EBITDA
    -₹1.26 Cr

    FY 2025 · -657% margin

  • Total Equity Funding
    $619.84K (USD)

    in 3 rounds

  • Latest Funding Round
    $366.87K (USD), Seed

    May 2023

  • Investors
  • Employee Count
    1
  • Investments & Acquisitions

Products & Services of Ohm Mobility

Ohm Mobility offers a comprehensive portfolio of products and services, including Loans and Lease.

Loans
Financing Service

Provides loans for EV assets using IoT data.

Lease
Financing Service

Offers leasing options for EV businesses and operators.

Funding Insights of Ohm Mobility

Ohm Mobility has successfully raised a total of $619.84K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $366.87 thousand completed in May 2023. 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 $619,840
  • Total Rounds 3
  • Last Round Seed β€” $366,870
  • First Round $203,189

    (Sep 2020)

  • Investors Count 12

All 3 funding rounds of Ohm Mobility with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2023$366,870Seed$3.45MAntler
Aug 2021$49,781Seed$2.84M–
Sep 2020$203,189Angel Round$‒‒‒‒‒–
Valuation history
DateValuationStage
May 2023$3.45Mβ€’β€’β€’β€’β€’β€’β€’β€’
Aug 2021$2.84Mβ€’β€’β€’β€’β€’β€’β€’β€’
Sep 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Ohm Mobility

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Last known valuation $3.45M (May 2023). 12 investors in total: 5 institutional and 7 angel.

Investors in Ohm Mobility

Ohm Mobility has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include QED Innovation, Spice Route Legal and Ecoforge.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Early-stage investing and founder support services are offered globally by Antler.
2018antler.co-
Seed and early-stage investments are made across sectors in India.
–blume.vcMumbai, India
Delivers strategy, leadership consulting, and transaction advisory services.
2013ecoforge.inBengaluru, India
Legal services are provided in financial services, technology, healthcare, and energy sectors.
2016spiceroutelegal.comBengaluru, India
Innovative activities are conducted by QED Innovation in India.
–qed-innovations.comIndia

Sagar Gubbi

Co-founder of Ecolibrium Energy, active angel investor in cleantech and tech startups.
–unknown_771aa75284b04933b-

Anshuman Bapna

Founder of Terra.do, ex-Chief Product Officer at MakeMyTrip, active angel investor
–unknown_289bf73fbce74cb68-

Karishma Menon

Angel investor focusing on early-stage Indian startups in tech and consumer sectors.
–unknown_fa07c176797e4190a-

Mathew Chacko

Angel investor and entrepreneur, co-founder of Spice Money, focused on fintech
–unknown_ad28c02e4c3e44c7b-

Nikhil Nair

Angel investor and entrepreneur, focusing on tech startups in India.
–unknown_2611331ca9624c8da-
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Investor details for Ohm Mobility

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Board of directors of Ohm Mobility Private Limited (Ohm Mobility)

Ohm Mobility Private Limited is the primary company behind Ohm Mobility. The board of Ohm Mobility Private Limited currently have 2 directors; the longest-serving is Alfin Andrews, appointed in 2025. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Alfin Andrews
DIN 10666502
Additional Director16 Oct 20251 yrOhm Mobility Private Limited
Bhadran Sheela Deepa
DIN 09095042
Additional Director16 Oct 20251 yrOhm Mobility Private Limited

People of Ohm Mobility

5 people are tracked at Ohm Mobility (3 in leadership, 2 in team); the tracked headcount is 1.

NameRoleGroup
Co-Founder & CEOLeadership
Nikhil Saigal
Co-Founder & CBOLeadership
Sajesh Nair K
Head Of Product, Founding Team MemberLeadership
Swaroop Reddy
Credit OperationsTeam
Niraj Nair
Software DeveloperTeam
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Financials of Ohm Mobility

Figures of Ohm Mobility Private Limited, the primary company behind Ohm Mobility, for FY 2025. Revenue was ₹19.2 Lakh (-41% year on year). Net loss was -₹1.29 Cr (-669% margin). EBITDA was -₹1.26 Cr (-657% margin). Revenue has grown at a compounded annual rate of -18% over three years.

  • ₹19.2 LakhRevenue · FY 2025 · -41% YoY
  • -₹1.29 CrNet loss · -669% margin
  • -₹1.26 CrEBITDA · -657% margin
  • ₹1.3 LakhPaid-up capital
  • -18%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Ohm Mobility Private Limited are on its company page.

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Investments & Acquisitions by Ohm Mobility

Ohm Mobility has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include CloudNBFC.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Cloud-based loan management software is offered to financial institutions.
cloudnbfc.comNagpur, India2013Feb 2021β€’β€’β€’β€’
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Timeline of Ohm Mobility

5 dated milestones of Ohm Mobility across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ohm Mobility is founded.
  2. Funding First funding round of $203K.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires CloudNBFC.
  5. Funding Latest funding round, Seed, of $367K.

Competitors of Ohm Mobility

Ohm Mobility has 5 listed competitors in our database, 4 of them funded. They include Turno, VidyutTech, Three Wheels United, TapFin and GoMylz Mobility, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
turno.club2021Bengaluru, India$23.6M294
Commercial electric vehicles are offered through an online marketplace.
vidyuttech.in2021Bengaluru, India$17.59M109
Electric vehicle financing and ownership platform is offered.
threewheelsunited.com2010Bengaluru, India$10.12M52
Electric vehicle financing is offered to low-income clients.
tapfin.in2023Mumbai, India$4M22
Provider of technology and financial solutions for clean energy transition
gomylz.com2021Delhi, India––
Serves as an online platform for financing electric vehicles, simplifying access for consumers.
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Detailed competitors of Ohm Mobility

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Web traffic of Ohm Mobility

The website of Ohm Mobility (ohmmobility.com) receives about 1.5K visits a month.

  • Monthly visits
    1.5K

    ▲ 29.2% vs previous month

Top companies in Automotive Retail & Aftersales

10 companies that operate in the same segment as Ohm Mobility (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Pre-owned vehicles are sold online with financing and valuation services.
2012Phoenix, Arizona, United StatesUSD 460 MUSD 20.32 B17,400
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 655.23 MUSD 216.04 M461
Retailer of inspected, certified pre-owned vehicles with service and finance options
2015Gurugram, Haryana, IndiaUSD 716.48 MUSD 446.48 M3,992
Pre-owned cars are certified, inspected, and traded online via Kavak.
2016Lerma De Villada, Estado De Mexico, MexicoUSD 1.98 B–2,500
Auto insurance is delivered via app to individual drivers.
2017London, England, United KingdomUSD 206.3 M––
Provider of car service and repair network
2016Gurugram, Haryana, IndiaUSD 62.01 MUSD 8.06 M171
Second-hand cars are listed online to connect buyers and sellers.
2003Mumbai, Maharashtra, IndiaUSD 5.89 MUSD 5.28 M451
Vehicle parts and accessories are sold via an online platform.
1897Walsall, West Midlands, United KingdomUSD 20.37 M––
Full-stack marketplace services for car ownership are provided.
2015Singapore, SingaporeUSD 685.9 MUSD 806.83 M1,000
Retailer of new automobiles, used vehicles, and related automotive news
2008Jaipur, Rajasthan, IndiaUSD 60 MUSD 289.58 M721
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Related news about Ohm Mobility

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Frequently Asked Questions about Ohm Mobility

Ohm Mobility was founded in 2020.

Ohm Mobility is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Nikhil Nair is the current CEO of Ohm Mobility. They have also founded this company.

Ohm Mobility is a funded company, having raised a total of $619.84K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $203.19K, raised on Sep 2020.

Ohm Mobility has 1 employees.

The primary company behind Ohm Mobility, Ohm Mobility Private Limited, reported revenue of β‚Ή19.2 Lakh for FY 2025, down 41% year on year.

Founded in 2020 and based in Bengaluru, India, a platform is operated by the company to facilitate financing for electric vehicles. Capital discovery, verification, and disbursement across EV assets are enabled through this platform. Loans and leasing services are offered, incorporating digital payments, IoT data integration, and data science analytics to streamline the financing process in the electric mobility sector.

Ohm Mobility's top competitors include VidyutTech, Turno and Three Wheels United.

Ohm Mobility offers Loans and Lease.

Ohm Mobility has made 1 acquisition, including CloudNBFC.

Ohm Mobility has 12 investors. Key investors include QED Innovation, Spice Route Legal, Ecoforge, Antler, and Sagar Gubbi.

The valuation of Ohm Mobility is $3.45M as of May 2023.

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