About Oyika
Oyika is a company based in Singapore (Singapore) founded in 2018 by Jinsi Lee and Carl Wong. Oyika has raised $10.8 million across 2 funding rounds from investors including Yinson and Banpu NEXT. Oyika offers products and services including Battery Swapping Service, e-bike Leasing, and Oyika App. Oyika operates in a competitive market with competitors including Evotion Labs and Kilats, among others.
- Headquarter Singapore, Singapore
- Founders Jinsi Lee, Carl Wong
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Oyika Pte. Ltd.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$10.8 M (USD)
in 2 rounds
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Latest Funding Round
$10.8 M (USD), Series B
Apr 21, 2023
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Investors
Yinson
& 1 more
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Employee Count
Not available
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Products & Services of Oyika
Oyika offers a comprehensive portfolio of products and services, including Battery Swapping Service, e-bike Leasing, and Oyika App.
Enables quick battery exchanges for electric motorbikes to reduce charging times
Offers leasing programs for electric bikes with swappable batteries
App for managing battery swaps and EV services
People of Oyika
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Funding Insights of Oyika
Oyika has successfully raised a total of $10.8M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $10.8 million completed in April 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.
Investors in Oyika
Oyika has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Yinson and Banpu NEXT.
| Investor | Description | Founded Year | Domain | Location |
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Provider of services for oil & gas renewable energy and independent power producer
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Investor details for Oyika
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Investments & Acquisitions by Oyika
Investment portfolio details for Oyika
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Financial Statements - Oyika
Detailed financials for Oyika
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Oyika Comparisons
Peer comparison for Oyika
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Competitors of Oyika
Oyika 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 Evotion Labs and Kilats, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provides battery swap and charging infrastructure for EV bikes in SEA region.
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Provides electric motorcycles, battery swaps, and fleet solutions for urban mobility.
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Detailed competitors of Oyika
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Latest news on Oyika
Complete news archive for Oyika
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Frequently Asked Questions about Oyika
Oyika was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Oyika is headquartered in Singapore, Singapore.
Jinsi Lee is the current CEO of Oyika. They have also founded this company.
Oyika is a funded company, having raised a total of $10.8M across 2 funding rounds to date.
Oyika was founded in 2018 in Singapore within the electric vehicle sector. Automated battery swapping solutions are provided, including smart batteries and cabinets for seamless exchanges. Vehicle control units are integrated for e-scooter location tracking, anti-theft measures, and remote operations. A mobile app is offered to locate stations, reserve batteries in advance, and facilitate access via facial recognition. Operations are centered in Singapore with potential for regional expansion.
Oyika's top competitors include Evotion Labs and Kilats.
Oyika offers Battery Swapping Service, e-bike Leasing, and Oyika App.
Oyika has 2 investors. Key investors include Yinson, and Banpu NEXT.