OUNC Labs

Visakhapatnam, India Founded: 2021 • Age: 5 yrs
Designs and prototypes cargo cycles for affordable urban logistics solutions.

About OUNC Labs

OUNC Labs is a company based in Visakhapatnam (India) founded in 2021 by Jitesh Kumar Mankena and Dinesh Kumar Mankena. It operates as a B2B. OUNC Labs offers products and services including Cargo Cycles and Prototyping Services. OUNC Labs operates in a competitive market with competitors including Babboe, Butchers & Bicycles, Velove Bikes, Citkar and Bunch Bikes, among others.

  • Headquarter Visakhapatnam, India
  • Founders Jitesh Kumar Mankena, Dinesh Kumar Mankena
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website ounc.in
  • Legal Name Ounc Private Limited
  • Date of Incorporation 10 Jul, 2023
  • Jurisdiction Visakhapatnam, Andhra Pradesh, India
Key Metrics
  • Annual Revenue
    ₹2.3 Lakh

    FY 2025 · -43% YoY

  • Net Loss
    -₹12.3 Lakh

    FY 2025 · -533% margin

  • EBITDA
    -₹11.9 Lakh

    FY 2025 · -519% margin

Products & Services of OUNC Labs

OUNC Labs offers a comprehensive portfolio of products and services, including Cargo Cycles and Prototyping Services.

Cargo Cycles
Logistics Vehicles

Human-powered and electric cycles for efficient urban goods transport.

Prototyping Services
Design Solutions

Custom prototyping for sustainable logistics equipment.

Board of directors of Ounc Private Limited (OUNC Labs)

Ounc Private Limited is the primary company behind OUNC Labs. The board of Ounc Private Limited currently have 2 directors; the longest-serving is Jitesh Kumar Mankena, appointed in 2023.

DirectorDesignationAppointedTenureEntity
Jitesh Kumar Mankena
DIN 10232278
Director10 Jul 20233 yrs 3 moOunc Private Limited
Dinesh Kumar Mankena
DIN 08728322
Director10 Jul 20233 yrs 3 moOunc Private Limited

People of OUNC Labs

2 people are tracked at OUNC Labs (2 in leadership).

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
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Financials of OUNC Labs

Figures of Ounc Private Limited, the primary company behind OUNC Labs, for FY 2025. Revenue was ₹2.3 Lakh (-43% year on year). Net loss was -₹12.3 Lakh (-533% margin). EBITDA was -₹11.9 Lakh (-519% margin).

  • ₹2.3 LakhRevenue · FY 2025 · -43% YoY
  • -₹12.3 LakhNet loss · -533% margin
  • -₹11.9 LakhEBITDA · -519% margin
  • ₹1 LakhPaid-up capital

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

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Detailed financial statements for OUNC Labs

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Competitors of OUNC Labs

OUNC Labs 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 Babboe, Butchers & Bicycles, Velove Bikes, Citkar and Bunch Bikes, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
babboe.co.uk2006Amersfoort, Netherlands––
Developer of electric cargo bikes
butchersandbicycles.com2013Copenhagen, Denmark$1.5M11
Electric cargo trikes are developed and produced in Copenhagen.
velove.se2015Gothenburg, Sweden$1.12M2
Cargo bicycles and zero-emission delivery vehicles are developed and manufactured.
citkar.com2018Berlin, Germany––
Electric cargo bikes for urban deliveries are developed by Citkar.
bunchbike.com2016Denton, United States–6
Sells electric cargo bikes designed for families, kids, and pets with added accessories.
bikesforbusiness.com2015Taipei, Taiwan––
Offers durable e-bikes for deliveries, logistics, and cost-saving operations.
hagenbikes.com2014Peetri, Estonia–9
Manufactures cargo and e-cargo bikes for city transport and business use.
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Detailed competitors of OUNC Labs

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Similar companies to OUNC Labs

10 companies that operate in the same segment as OUNC Labs (Electric & Green Mobility), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric kick-scooters are rented through an app-based platform.
2017Miami, Florida, United StatesUSD 765.74 M––
Electric kick-scooters are rented through an app-based platform.
2017San Francisco, California, United StatesUSD 1.71 B––
Electric ride-hailing and cab services are provided via mobile app.
2019Mumbai, Maharashtra, IndiaUSD 168.52 M––
Shared electric two-wheelers are rented via an online platform.
2017Bengaluru, Karnataka, IndiaUSD 187.54 MUSD 2.14 M251
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
2013Bengaluru, Karnataka, IndiaUSD 502.15 MUSD 391.37 M1,620
App-based platform offering electric kick scooter rental services
2018Amsterdam, NetherlandsUSD 211.85 M––
Electric vehicles are manufactured and developed by Polestar.
1996Goteborg, Vastra Gotaland, SwedenUSD 550 MUSD 3.06 B2,550
Electric buses and charging systems are manufactured for fleets.
2004Burlingame, California, United StatesUSD 857.79 MUSD 309.36 M1,247
Multi-category electric vehicles are manufactured for diverse applications.
1999Bedford, United StatesUSD 101.78 M––
Autonomous aerial vehicles are provided for consumer and commercial uses.
2014Guangzhou, Guangdong, ChinaUSD 94 MUSD 58.15 M483
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Frequently Asked Questions about OUNC Labs

OUNC Labs was founded in 2021.

OUNC Labs is headquartered in Visakhapatnam, India. It is registered at Visakhapatnam, Andhra Pradesh, India.

The primary company behind OUNC Labs, Ounc Private Limited, reported revenue of β‚Ή2.3 Lakh for FY 2025, down 43% year on year.

OUNC Private Ltd focuses on designing and prototyping human-powered and electric cargo cycles to enhance urban and last-mile logistics. The company emphasizes affordability and sustainability by reducing costs per kilometer and adding value for delivery partners. Based in Visakhapatnam, India, OUNC builds innovative solutions for carrying volumetric goods efficiently. They collaborate with interested parties to advance sustainable transport options.

OUNC Labs's top competitors include Babboe, Butchers & Bicycles and Citkar.

OUNC Labs offers Cargo Cycles and Prototyping Services.

OUNC Labs operates through Ounc Private Limited.

The legal entities of OUNC Labs currently have 2 directors, including Jitesh Kumar Mankena, Dinesh Kumar Mankena.

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