About Orxa Energies
Orxa Energies is a company based in Bengaluru (India) founded in 2015 by Ranjita Ravi and Prajwal Sabnis. Orxa Energies has raised $5.73 million across 4 funding rounds from investors including GAIL, Lectrix and Ashwin Ala. The company has 61 employees as of March 28, 2024. Orxa Energies operates in a competitive market with competitors including Ultraviolette, Oben Electric, Tork Motors, Motovolt and Greaves Electric Mobility, among others.
- Headquarter Bengaluru, India
- Employees 61 as on 28 Mar, 2024
- Founders Ranjita Ravi, Prajwal Sabnis
- 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 Orxa Energies Private Limited
- Date of Incorporation 07 Aug, 2015
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$428.44 K (USD)433.03as on Mar 31, 2023
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Net Profit
-$500.75 K (USD)-99.27as on Mar 31, 2023
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EBITDA
-$438.86 K (USD)18.25as on Mar 31, 2023
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Total Equity Funding
$5.73 M (USD)
in 4 rounds
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Latest Funding Round
$4.29 M (USD), Seed
Jul 14, 2022
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Investors
GAIL
& 9 more
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Employee Count
61
as on Mar 28, 2024
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People of Orxa Energies
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Funding Insights of Orxa Energies
Orxa Energies has successfully raised a total of $5.73M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $4.29 million completed in July 2022. 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 Orxa Energies
Orxa Energies has secured backing from 10 investors, including institutional and angel investors. Prominent investors backing the company include GAIL, Lectrix and Ashwin Ala.
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Electric rickshaws are developed and manufactured by Lectrix in India.
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Natural gas exploration, production, transmission, marketing, and processing are conducted.
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Ashwin Ala |
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Investor details for Orxa Energies
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Investments & Acquisitions by Orxa Energies
Investment portfolio details for Orxa Energies
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Financial Statements - Orxa Energies
Detailed financials for Orxa Energies
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Orxa Energies Comparisons
Peer comparison for Orxa Energies
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Competitors of Orxa Energies
Orxa Energies 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, Oben Electric, Tork Motors, Motovolt 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 and components are designed and manufactured.
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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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Manufacturer of electric two and three-wheelers for personal and commercial use
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Detailed competitors of Orxa Energies
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Latest news on Orxa Energies
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Frequently Asked Questions about Orxa Energies
Orxa Energies was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Orxa Energies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Orxa Energies is a funded company, having raised a total of $5.73M across 4 funding rounds to date.
As of Mar 28, 2024, the latest employee count at Orxa Energies is 61.
Annual revenue of Orxa Energies is $428.44K as on Mar 31, 2023.
Orxa Energies was founded in 2015 in Bengaluru, India, and operates in the electric vehicle sector. Electric motorcycles are produced by the company, including the Mantis model equipped with a 200km range, variant colors, and swappable batteries. Proprietary battery packs for two-wheelers are also developed to support these operations. The focus remains on sustainable mobility solutions within the Indian market.
Orxa Energies's top competitors include Ultraviolette, Oben Electric and Tork Motors.
The valuation of Orxa Energies is $14.32M as of Jul 2022.