About Physics Motors
Physics Motors is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2017 by Sundeep Jadhav and Deepak Jadhav. It operates as an electric vehicle drive train systems are designed and manufactured. Physics Motors has raised $4.21 million across 7 funding rounds from investors including KPI PHYSICS MOTORS, Shivaprakash Bhairappa and Steer Advisors. The company has 48 employees. Physics Motors was last valued at $10.99 million in January 2024. Its Indian entity Physics Motors Technology Private Limited reported revenue of ₹1.68 Cr. Physics Motors offers products and services including 10-Inch Hub Motor, 12-Inch Hub Motor, E-Rickshaw BLDC Motor, 8-Inch Hub Motor, and Appliance Motor. Its focus areas include Energy Tech, Electric Vehicles, Components and Motors. Its competitors include Ziehl-Abegg, TSUYO, Linear Labs, Chara and Revoh and 4 more; 6 of its 9 listed competitors have raised funding.
Company details
Physics Motors was founded in 2017 in Bengaluru, India, focusing on the electric vehicle sector. Drive train systems, including hub motors and mid-mount motors, are developed with power outputs ranging from 800 W to 10,000 W. Patented sealing technologies are incorporated into these products. Operations center on engineering and production for automotive applications in the region.
- Headquarters Bengaluru, India
- Employees 48
- Founders Sundeep Jadhav, Deepak Jadhav
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website physicsmotors.com
- Social LinkedIn
- Legal Name Physics Motors Technology Private Limited
- Date of Incorporation 26 Feb, 2019
- Jurisdiction Hubli, Karnataka, India
- Annual Revenue₹1.68 Cr
FY 2024 · +33% YoY
- Net Loss-₹3.64 Cr
FY 2024 · -216% margin
- EBITDA-₹2.71 Cr
FY 2024 · -161% margin
- Total Equity Funding$4.21M (USD)
in 7 rounds
- Latest Funding Round$208.97K (USD), Seed
Aug 2026
- InvestorsKPI PHYSICS MOTORS
& 2 more
- Employee Count48
Associated legal entities of Physics Motors
Physics Motors operates through Physics Motors Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Physics Motors Technology Private Limited CIN U34100KA2019PTC121912 | Active | 26 Feb 2019 | Hubli, Karnataka | ₹1.7 Cr | 48 | 4 | View details |
Products & Services of Physics Motors
Physics Motors offers a comprehensive portfolio of products and services, including 10-Inch Hub Motor, 12-Inch Hub Motor, E-Rickshaw BLDC Motor, 8-Inch Hub Motor, and Appliance Motor.
Hub motor for electric vehicles with robust design.
Larger hub motor for enhanced vehicle performance.
BLDC motor designed for e-rickshaw applications.
Compact hub motor for smaller electric vehicles.
Motor for appliance use in various applications.
Funding Insights of Physics Motors
Physics Motors has successfully raised a total of $4.21M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $208.97 thousand completed in August 2026. 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 $4.21M
- Total Rounds 7
- Last Round Seed — $208,968
- First Round $315,120
(Aug 2021)
- Investors Count 3
All 7 funding rounds of Physics 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 |
|---|---|---|---|---|---|
| Aug 2026 | $208,968 | Seed | – | – | – |
| Jul 2026 | $23,307 | Seed | – | Steer Advisors | – |
| Nov 2025 | $470,277 | Seed | – | – | – |
| Aug 2024 | – | Seed | – | – | – |
| Jan 2024 | $733,129 | Seed | $10.99M | KPI PHYSICS MOTORS | – |
| Feb 2022 | $2.46M | Seed | $6.57M | KPI PHYSICS MOTORS | – |
| Aug 2021 | $315,120 | Angel Round | $••••• | Shivaprakash Bhairappa | – |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2024 | $10.99M | •••••••• |
| Feb 2022 | $6.57M | •••••••• |
| Aug 2021 | $••••• | •••••••• |
Full valuation and stage history of Physics Motors
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $10.99M (Jan 2024). 3 investors in total: 2 institutional and 1 angel.
Investors in Physics Motors
Physics Motors has secured backing from 3 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include KPI PHYSICS MOTORS, Shivaprakash Bhairappa and Steer Advisors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are directed toward automobiles and diverse sectors. | – | kpiphysicsmotors.tcc.mode | Tampa, United States | |
- | – | steeradvisors.in | - | |
SB Shivaprakash Bhairappa | - | – | unknown_e0e5a26a18914841a | - |
Investor details for Physics Motors
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Board of directors of Physics Motors Technology Private Limited (Physics Motors)
Physics Motors Technology Private Limited is the primary company behind Physics Motors. The board of Physics Motors Technology Private Limited currently have 4 directors; the longest-serving is Sundeep Ganapathrao Jadhav, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sundeep Ganapathrao Jadhav DIN 08375107 | Director | 26 Feb 2019 | 7 yrs 7 mo | Physics Motors Technology Private Limited |
| Deepak Jadhav Ganapatrao DIN 08375108 | Managing Director | 26 Feb 2019 | 7 yrs 7 mo | Physics Motors Technology Private Limited |
| Shivaprakash Bhairappa DIN 08691140 | Director | 27 Dec 2019 | 6 yrs 9 mo | Physics Motors Technology Private Limited |
| Santosh Huralikoppi DIN 00292157 | Director | 13 May 2024 | 2 yrs 5 mo | Physics Motors Technology Private Limited |
People of Physics Motors
2 people are tracked at Physics Motors (2 in leadership); the tracked headcount is 48.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Founder | Leadership |
Complete people profiles for Physics Motors
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Financials of Physics Motors
Figures of Physics Motors Technology Private Limited, the primary company behind Physics Motors, for FY 2024. Revenue was ₹1.68 Cr (+33% year on year). Net loss was -₹3.64 Cr (-216% margin). EBITDA was -₹2.71 Cr (-161% margin).
- ₹1.68 CrRevenue · FY 2024 · +33% YoY
- -₹3.64 CrNet loss · -216% margin
- -₹2.71 CrEBITDA · -161% margin
- ₹2.6 LakhPaid-up capital
- 48Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Physics Motors Technology Private Limited are on its company page.
Detailed financial statements for Physics Motors
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Physics Motors
4 dated milestones of Physics Motors across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Physics Motors is founded.
- Funding First funding round of $315K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $209K.
Competitors of Physics Motors
Physics Motors has 9 listed competitors in our database, 6 of them funded. They include Ziehl-Abegg, TSUYO, Linear Labs, Chara and Revoh, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ziehl-abegg.com | 1997 | Kunzelsau, Germany | – | 2,534 | Automotive motors are manufactured by Ziehl-Abegg in Germany. | |
| tsuyo.co.in | 2020 | Delhi, India | $4.5M | 29 | BDLC motors and controllers for electric three-wheelers are developed. | |
| linearlabsinc.com | 2014 | Dallas, United States | $27.5M | 45 | Developer of electric motors for EVs | |
| chara.co.in | 2019 | Bengaluru, India | $11.86M | 75 | Manufacturer of motors for electric vehicles | |
| revoh.in | 2017 | Chennai, India | $637,096 | 24 | End-to-end hardware and software solutions for electric vehicles are provided. | |
| okawa.org | 2020 | Nijkerk, Netherlands | $17.6M | – | Motors and batteries for electric vehicles are manufactured and serviced. | |
| evr-motors.com | 2012 | Petah Tikva, Israel | – | – | Electric motors for diverse electric vehicles are developed. | |
| zepcotek.com | 2022 | Bengaluru, India | $2.61M | 34 | Power electronics products for drones and EVs are supplied. | |
| mabuchi-motor.com | 1954 | Matsudo, Japan | – | – | Major auto components are manufactured and supplied globally. |
Detailed competitors of Physics Motors
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Web traffic of Physics Motors
The website of Physics Motors (physicsmotors.com) receives about 8.2K visits a month.
- Monthly visits8.2K
▲ 912.4% vs previous month
Top companies in Electric & Green Mobility
10 companies that operate in the same segment as Physics Motors (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 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | – | 2,813 | |
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 502.02 M | USD 391.37 M | 1,917 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
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 | 418 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – |
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Related news about Physics Motors
Complete news archive for Physics Motors
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Frequently Asked Questions about Physics Motors
Physics Motors was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Physics Motors is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Physics Motors is a funded company, having raised a total of $4.21M across 7 funding rounds to date. The company's 1st funding round was a Angel Round of $315.12K, raised on Aug 2021.
Physics Motors has 48 employees.
The primary company behind Physics Motors, Physics Motors Technology Private Limited, reported revenue of ₹1.68 Cr for FY 2024, up 33% year on year.
Physics Motors was founded in 2017 in Bengaluru, India, focusing on the electric vehicle sector. Drive train systems, including hub motors and mid-mount motors, are developed with power outputs ranging from 800 W to 10,000 W. Patented sealing technologies are incorporated into these products. Operations center on engineering and production for automotive applications in the region.
Physics Motors's top competitors include TSUYO, Zepco Technologies and Linear Labs.
Physics Motors offers 10-Inch Hub Motor, 12-Inch Hub Motor, E-Rickshaw BLDC Motor, 8-Inch Hub Motor, and Appliance Motor.
Physics Motors has 3 investors. Key investors include KPI PHYSICS MOTORS, Shivaprakash Bhairappa, and Steer Advisors.
The valuation of Physics Motors is $10.99M as of Jan 2024.
Physics Motors operates through Physics Motors Technology Private Limited.
The legal entities of Physics Motors currently have 4 directors, including Shivaprakash Bhairappa, Sundeep Ganapathrao Jadhav, Deepak Jadhav Ganapatrao and others.