About Ozone Motors
Ozone Motors is a Transportation, Automotive & Logistics company based in Chennai (India) founded in 2016 by Deepak Mohan. Electric vehicle platforms and telematics technologies are developed. Ozone Motors has raised $100.26 thousand across 4 funding rounds from investors including StartupTN, Chendur Forgings and Prabjhot Kaur. Ozone Motors was last valued at $597.58 thousand in June 2021. Its Indian entity Ozone Motors Private Limited reported revenue of ₹15.1 Lakh. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Light Electric Vehicles.
Company details
Ozone Motors was founded in 2016 in Chennai, India, focusing on electric vehicles and connected mobility. A modular electric vehicle platform is provided, incorporating smart powertrains, battery packs, and vehicle control units. Integrated hardware and software solutions are offered for vehicle health monitoring, analytics, tracking, connectivity, safety features, and fleet management operations.
- Headquarters Chennai, India
- Founders Deepak Mohan
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website ozonemotors.in
- Social LinkedIn X Facebook
- Legal Name Ozone Motors Private Limited
- Date of Incorporation 03 Mar, 2016
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹15.1 Lakh
FY 2025 · +52% YoY
- Net Loss-₹19.3 Lakh
FY 2025 · -127% margin
- EBITDA-₹18.9 Lakh
FY 2025 · -125% margin
- Total Equity Funding$100.26K (USD)
in 4 rounds
- Latest Funding Round$13.36K (USD), Grant
Oct 2021
- InvestorsStartupTN
& 7 more
Associated legal entities of Ozone Motors
Ozone Motors operates through Ozone Motors 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 |
|---|---|---|---|---|---|---|---|
| Ozone Motors Private Limited CIN U74900TN2016PTC104497 | Active | 03 Mar 2016 | Chennai, Tamil Nadu | ₹0.2 Cr | 4 | View details |
Funding Insights of Ozone Motors
Ozone Motors has successfully raised a total of $100.26K across 4 strategic funding rounds. The most recent funding activity was a Grant round of $13.36 thousand completed in October 2021. 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.
- Total Funding $100,264
- Total Rounds 4
- Last Round Grant — $13,357
- Investors Count 8
All 4 funding rounds of Ozone Motors 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 |
|---|---|---|---|---|---|
| Oct 2021 | $13,357 | Grant | – | – | |
| Jun 2021 | $40,828 | Seed | $597,581 | – | |
| Sep 2020 | $59,436 | Angel Round | $228,238 | Ashok Mittal, Ashok M | – |
| Jan 2020 | Angel Round | $••••• | Prabjhot Kaur, Ashok Jhunjhunwala | – |
Last known valuation $597,581 (Jun 2021). 8 investors in total: 2 institutional and 6 angel.
Investors in Ozone Motors
Ozone Motors has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include StartupTN, Chendur Forgings and Prabjhot Kaur.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Potato farming, grain marketing, and equipment services in Maine. | 2021 | startuptn.in | Chennai, India | |
The forging sector is served by Chendur Forgings company. | ||||
PK Prabjhot Kaur | unknown_5368ca2025f5497e9 | |||
AJ Ashok Jhunjhunwala | unknown_6255886182ce416fa | |||
PK Prabjhot Kaur | unknown_f9f72f1864d24702a | |||
AJ Ashok Jhunjhunwala | Professor at IIT Madras, angel investor, telecom and energy innovator | unknown_0d62db82318a4158b | ||
AM Ashok Mittal | Angel investor, ex-banker, focused on Indian startups in fintech and tech sectors. | unknown_cb46d1bd13da4133a | ||
AM Ashok M | unknown_7c34a758a4d242518 |
Investor details for Ozone Motors
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 Ozone Motors Private Limited (Ozone Motors)
Ozone Motors Private Limited is the primary company behind Ozone Motors. The board of Ozone Motors Private Limited currently have 4 directors; the longest-serving is Elavenil Gouthaman, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Elavenil Gouthaman DIN 07345587 | Director | 03 Mar 2016 | 10 yrs 8 mo | Ozone Motors Private Limited |
| Deepak Mohan DIN 07323785 | Director | 03 Mar 2016 | 10 yrs 8 mo | Ozone Motors Private Limited |
| Ashok Manor DIN 07530922 | Additional Director | 14 Nov 2016 | 9 yrs 11 mo | Ozone Motors Private Limited |
| Manakchand Ajesh Saklecha DIN 02639046 | Additional Director | 18 Oct 2022 | 4 yrs | Ozone Motors Private Limited |
People of Ozone Motors
1 people are tracked at Ozone Motors (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Ozone Motors
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Ozone Motors
Figures of Ozone Motors Private Limited, the primary company behind Ozone Motors, for FY 2025. Revenue was ₹15.1 Lakh (+52% year on year). Net loss was -₹19.3 Lakh (-127% margin). EBITDA was -₹18.9 Lakh (-125% margin). Revenue has grown at a compounded annual rate of +22% over three years and +182% over five years.
- ₹15.1 LakhRevenue · FY 2025 · +52% YoY
- -₹19.3 LakhNet loss · -127% margin
- -₹18.9 LakhEBITDA · -125% margin
- ₹3.5 LakhPaid-up capital
- +22%Revenue CAGR, 3 years
- +182%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ozone Motors Private Limited are on its company page.
Detailed financial statements for Ozone Motors
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Ozone Motors
3 dated milestones of Ozone Motors across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Ozone Motors is founded.
- Funding First funding round.
- Funding Latest funding round, Grant, of $13K.
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Ozone Motors (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 37.93 M | 401 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 407.47 M | 1,917 |
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Frequently Asked Questions about Ozone Motors
Ozone Motors was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Ozone Motors is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Ozone Motors is a funded company, having raised a total of $100.26K across 4 funding rounds to date.
The primary company behind Ozone Motors, Ozone Motors Private Limited, reported revenue of ₹15.1 Lakh for FY 2025, up 52% year on year.
Ozone Motors was founded in 2016 in Chennai, India, focusing on electric vehicles and connected mobility. A modular electric vehicle platform is provided, incorporating smart powertrains, battery packs, and vehicle control units. Integrated hardware and software solutions are offered for vehicle health monitoring, analytics, tracking, connectivity, safety features, and fleet management operations.
Ozone Motors has 8 investors. Key investors include StartupTN, Chendur Forgings, Prabjhot Kaur, Ashok Jhunjhunwala, and Prabjhot Kaur.
The valuation of Ozone Motors is $597.58K as of Jun 2021.
Ozone Motors operates through Ozone Motors Private Limited.
The legal entities of Ozone Motors currently have 4 directors, including Elavenil Gouthaman, Manakchand Ajesh Saklecha, Deepak Mohan and others.