About ONLY ELECTRIQ SOLUTIONS
ONLY ELECTRIQ SOLUTIONS is a Transportation, Automotive & Logistics company based in Hyderabad (India) founded in 2021. Motor vehicles are manufactured by Only Electriq Solutions in India. The company has 1 employees. Its Indian entity Only Electriq Solutions Private Limited reported revenue of ₹4.80 Cr. ONLY ELECTRIQ SOLUTIONS offers products and services including EV Mobility, Rental Plans, and Battery as a Service. Its focus areas include Auto, Auto Brands, Passenger Vehicles and Two Wheelers. Its competitors include Ultraviolette, Hero MotoCorp and Oben Electric; 2 of its 3 listed competitors have raised funding.
Company details
Only Electriq Solutions was established in 2021 in Hyderabad, India. Motor vehicles are produced by the company within the automotive manufacturing sector. Operations are centered in Hyderabad, where assembly and development activities occur. The companys online presence is maintained through the domain electriq.co.in. Focus is placed on vehicle production for the domestic market, with standard manufacturing processes employed.
- Headquarters Hyderabad, India
- Employees 1
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website electriq.co.in
- Social LinkedIn X Facebook Instagram
- Legal Name Only Electriq Solutions Private Limited
- Date of Incorporation 16 Nov, 2021
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹4.80 Cr
FY 2025 · +12% YoY
- Net Profit₹2.4 Lakh
FY 2025 · 1% margin
- EBITDA₹72.9 Lakh
FY 2025 · 15% margin
- InvestorsMoto Business Service India
& 1 more
- Employee Count1
Associated legal entities of ONLY ELECTRIQ SOLUTIONS
ONLY ELECTRIQ SOLUTIONS operates through Only Electriq Solutions 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 |
|---|---|---|---|---|---|---|---|
| Only Electriq Solutions Private Limited CIN U34100TG2021PTC157007 | Active | 16 Nov 2021 | Hyderabad, Telangana | ₹4.8 Cr | 2 | View details |
Products & Services of ONLY ELECTRIQ SOLUTIONS
ONLY ELECTRIQ SOLUTIONS offers a comprehensive portfolio of products and services, including EV Mobility, Rental Plans, and Battery as a Service.
Provides last-mile and mid-mile electric delivery services.
Affordable EV rental options with service guarantees.
Offers battery leasing and swapping for electric vehicles.
Funding Insights of ONLY ELECTRIQ SOLUTIONS
- Total Rounds 2
- Investors Count 2
All 2 funding rounds of ONLY ELECTRIQ SOLUTIONS 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 |
|---|---|---|---|---|---|
| Jun 2026 | Seed | – | – | ||
| Oct 2022 | Seed | – | – |
2 investors in total: 2 institutional.
Investors in ONLY ELECTRIQ SOLUTIONS
ONLY ELECTRIQ SOLUTIONS has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Moto Business Service India and Earlyseed Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provides vehicle leasing services for shared mobility and electric vehicles ecosystem. | 2021 | mbiz-service.com | Bengaluru, India | |
| earlyseedventures.com |
Investor details for ONLY ELECTRIQ SOLUTIONS
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Only Electriq Solutions Private Limited (ONLY ELECTRIQ SOLUTIONS)
Only Electriq Solutions Private Limited is the primary company behind ONLY ELECTRIQ SOLUTIONS. The board of Only Electriq Solutions Private Limited currently have 2 directors; the longest-serving is Anand Singh Thakur, appointed in 2021. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anand Singh Thakur DIN 08407107 | Director | 16 Nov 2021 | 4 yrs 11 mo | Only Electriq Solutions Private Limited |
| Meghana Thakur DIN 09730673 | Director | 12 Sep 2022 | 4 yrs 1 mo | Only Electriq Solutions Private Limited |
Financials of ONLY ELECTRIQ SOLUTIONS
Figures of Only Electriq Solutions Private Limited, the primary company behind ONLY ELECTRIQ SOLUTIONS, for FY 2025. Revenue was ₹4.80 Cr (+12% year on year). Net profit was ₹2.4 Lakh (1% margin). EBITDA was ₹72.9 Lakh (15% margin).
- ₹4.80 CrRevenue · FY 2025 · +12% YoY
- ₹2.4 LakhNet profit · 1% margin
- ₹72.9 LakhEBITDA · 15% margin
- ₹5 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Only Electriq Solutions Private Limited are on its company page.
Detailed financial statements for ONLY ELECTRIQ SOLUTIONS
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of ONLY ELECTRIQ SOLUTIONS
3 dated milestones of ONLY ELECTRIQ SOLUTIONS across 5 years, from founding to its latest funding, stage changes and deals.
- Founded ONLY ELECTRIQ SOLUTIONS is founded.
- Funding First funding round.
- Funding Latest funding round, Seed,.
Competitors of ONLY ELECTRIQ SOLUTIONS
ONLY ELECTRIQ SOLUTIONS has 3 listed competitors in our database, 2 of them funded. They include Ultraviolette, Hero MotoCorp and Oben Electric.
| 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. | |
| heromotocorp.com | 1984 | Delhi, India | 52,511 | Motorcycles, scooters, and electric vehicles are manufactured and distributed. | ||
| obenelectric.com | 2020 | Bengaluru, India | $27.36M | 198 | Electric motorcycles and components are designed and manufactured. |
Detailed competitors of ONLY ELECTRIQ SOLUTIONS
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of ONLY ELECTRIQ SOLUTIONS
The website of ONLY ELECTRIQ SOLUTIONS (electriq.co.in) receives about 1K visits a month.
- Monthly visits1K
Top companies in Automotive Manufacturing & Components
3 companies that operate in the same segment as ONLY ELECTRIQ SOLUTIONS (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles | 1994 | Mumbai, Maharashtra, India | USD 137.89 M | USD 17.06 B | 33,980 | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | USD 34.18 M | 177 |
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Frequently Asked Questions about ONLY ELECTRIQ SOLUTIONS
ONLY ELECTRIQ SOLUTIONS was founded in 2021 and raised its 1st funding round 1 year after it was founded.
ONLY ELECTRIQ SOLUTIONS is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
ONLY ELECTRIQ SOLUTIONS has 1 employees.
The primary company behind ONLY ELECTRIQ SOLUTIONS, Only Electriq Solutions Private Limited, reported revenue of ₹4.80 Cr for FY 2025, up 12% year on year.
Only Electriq Solutions was established in 2021 in Hyderabad, India. Motor vehicles are produced by the company within the automotive manufacturing sector. Operations are centered in Hyderabad, where assembly and development activities occur. The companys online presence is maintained through the domain electriq.co.in. Focus is placed on vehicle production for the domestic market, with standard manufacturing processes employed.
ONLY ELECTRIQ SOLUTIONS's top competitors include Ultraviolette, Hero MotoCorp and Oben Electric.
ONLY ELECTRIQ SOLUTIONS offers EV Mobility, Rental Plans, and Battery as a Service.
ONLY ELECTRIQ SOLUTIONS has 2 investors. Key investors include Moto Business Service India, and Earlyseed Ventures.
ONLY ELECTRIQ SOLUTIONS operates through Only Electriq Solutions Private Limited.
The legal entities of ONLY ELECTRIQ SOLUTIONS currently have 2 directors, including Anand Singh Thakur, Meghana Thakur.