
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
- SectorsTransportation, Automotive & Logistics
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website ounc.in
- Legal Name Ounc Private Limited
- Date of Incorporation 10 Jul, 2023
- Jurisdiction Visakhapatnam, Andhra Pradesh, India
- 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
Associated legal entities of OUNC Labs
OUNC Labs operates through Ounc 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 |
|---|---|---|---|---|---|---|---|
| Ounc Private Limited CIN U30921AP2023PTC111681 | Active | 10 Jul 2023 | Visakhapatnam, Andhra Pradesh | ₹0.0 Cr | – | 2 | View details |
Products & Services of OUNC Labs
OUNC Labs offers a comprehensive portfolio of products and services, including Cargo Cycles and Prototyping Services.
Human-powered and electric cycles for efficient urban goods transport.
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jitesh Kumar Mankena DIN 10232278 | Director | 10 Jul 2023 | 3 yrs 3 mo | Ounc Private Limited |
| Dinesh Kumar Mankena DIN 08728322 | Director | 10 Jul 2023 | 3 yrs 3 mo | Ounc Private Limited |
People of OUNC Labs
2 people are tracked at OUNC Labs (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for OUNC Labs
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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.
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 Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| babboe.co.uk | 2006 | Amersfoort, Netherlands | – | – | Developer of electric cargo bikes | |
| butchersandbicycles.com | 2013 | Copenhagen, Denmark | $1.5M | 11 | Electric cargo trikes are developed and produced in Copenhagen. | |
| velove.se | 2015 | Gothenburg, Sweden | $1.12M | 2 | Cargo bicycles and zero-emission delivery vehicles are developed and manufactured. | |
| citkar.com | 2018 | Berlin, Germany | – | – | Electric cargo bikes for urban deliveries are developed by Citkar. | |
| bunchbike.com | 2016 | Denton, United States | – | 6 | Sells electric cargo bikes designed for families, kids, and pets with added accessories. | |
| bikesforbusiness.com | 2015 | Taipei, Taiwan | – | – | Offers durable e-bikes for deliveries, logistics, and cost-saving operations. | |
| hagenbikes.com | 2014 | Peetri, Estonia | – | 9 | Manufactures cargo and e-cargo bikes for city transport and business use. |
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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765.74 M | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.71 B | – | – | |
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 502.15 M | USD 391.37 M | 1,620 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 1,247 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 |
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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 βΉ2.3 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.