Fortune MNC 500 India 2026 edition
Rank#195- Total income
- ₹3,575 Cr
- Profit
- ₹108 Cr
Last year #186
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About Piaggio Apé
Piaggio Apé is a Transportation, Automotive & Logistics company based in Pune (India) founded in 1884. Motor and three-wheeler vehicles are manufactured and marketed. It operates on a Direct-to-Consumer (D2C) and Reseller / Distribution model. The company has 1,483 employees. Its chief executive, as recorded, is Diego Graffi. Its website piaggio-cv.co.in draws about 22 thousand monthly visits. Its Indian entity Piaggio Vehicles Private Limited reported revenue of ₹3,584 Cr. Piaggio Apé offers products and services including Apé Xtra Classic Diesel, Apé E-City FX Max, and Apé Auto Classic. Its focus areas include Automotive, Commercial Vehicles and Three-Wheelers. Similar companies include TI Clean Mobility, 3evi and Mahindra Last Mile Mobility; 3 of its 3 listed similar companies have raised funding.
Company details
Piaggio Apé is known for producing a wide range of three-wheeler commercial vehicles catering to both cargo and passenger segments. These vehicles are utilized across diverse industries in India for efficient last-mile transportation solutions. Offerings include diesel, CNG, petrol, and electric variants, addressing urban mobility challenges with cost-effective and eco-friendly options. The brand is trusted for durability, versatility, and reliability in navigating congested areas. Piaggio Apé serves small businesses, e-commerce platforms, and individual transport needs with innovative designs.
Piaggio Apé is ranked #195 on the Fortune MNC 500 India (2026).
Recognitions & Rankings of Piaggio Apé
- Headquarters Pune, India
- Employees 1,483
- SectorsTransportation, Automotive & Logistics
- Website category Vehicles · Motorcycles
- Email••••••••
- Phone•••• ••••
- Website piaggio-cv.co.in
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Piaggio Vehicles Pvt. Ltd.
- Date of Incorporation 17 Feb, 1998
- Jurisdiction Pune, Maharashtra, India
Operational Areas
Key Metrics
- Annual Revenue₹3,584 Cr
FY 2024 · +11% YoY
- Net Profit₹108 Cr
FY 2024 · 3% margin
- EBITDA₹330 Cr
FY 2024 · 9% margin
- Employee Count1,483
Associated legal entities of Piaggio Apé
Piaggio Apé is associated with 2 registered companies on The Company Check; the primary company is Piaggio Vehicles Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Piaggio Vehicles Private Limited CIN U34102MH1998PTC113606 | Active | 17 Feb 1998 | Pune, Maharashtra | ₹3,584 Cr | 1,483 | 5 | View details |
| Jagdishwar Enterprises (India ) Private Limited CIN U55209UP2000PTC025204 | Active | 15 Mar 2000 | Uttar Pradesh, India | ₹21.8 Cr | 7 | 7 | View details |
Products & Services of Piaggio Apé
Piaggio Apé offers a comprehensive portfolio of products and services, including Apé Xtra Classic Diesel, Apé E-City FX Max, and Apé Auto Classic.
Apé Xtra Classic Diesel
Cargo Vehicle
Cargo vehicle designed for efficient goods transportation needs.
Apé E-City FX Max
Electric Auto
Electric auto built for sustainable passenger transport solutions.
Apé Auto Classic
Passenger Vehicle
Passenger vehicle crafted for reliable short-distance urban travel.
Apps and channels of Piaggio Apé
its YouTube channel Piaggio Commercial India has 13.8K subscribers and 30 videos.
Piaggio Commercial India
Open channelVideos from Piaggio Apé
The most watched videos on Piaggio Apé's YouTube channel, Piaggio Commercial India (13.8K subscribers). Click a video to play it here.
Piaggio Apé Classic a king amongst kings.(Telugu)
Piaggio Apé NXT+ Passenger 3-Wheeler.
Vishwanath from Bengaluru knows a good thing when he sees one.
Piaggio Ladki Bahin
More on Piaggio Commercial India.
Board of directors of Piaggio Vehicles Private Limited (Piaggio Apé)
Piaggio Vehicles Private Limited is the primary company behind Piaggio Apé. The boards of the 2 registered companies of Piaggio Apé currently have 11 directors; the longest-serving is Jagdish Narayan Singh, appointed in 2000. 18 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jagdish Narayan Singh DIN 00316553 | Director | 15 Mar 2000 | 26 yrs 7 mo | Jagdishwar Enterprises (India ) Private Limited |
| Kanchan Singh DIN 00316554 | Director | 15 Mar 2000 | 26 yrs 7 mo | Jagdishwar Enterprises (India ) Private Limited |
| Vinod Kumar Singh DIN 00316551 | Director | 22 Apr 2005 | 21 yrs 6 mo | Jagdishwar Enterprises (India ) Private Limited |
| Virendra Kumar Singh DIN 00316552 | Director | 21 Jul 2010 | 16 yrs 3 mo | Jagdishwar Enterprises (India ) Private Limited |
| Suman Singh DIN 06985329 | Director | 10 Sep 2014 | 12 yrs 1 mo | Jagdishwar Enterprises (India ) Private Limited |
| Vivek Vikram Singh DIN 06985343 | Director | 10 Sep 2014 | 12 yrs 1 mo | Jagdishwar Enterprises (India ) Private Limited |
| Nitu Singh DIN 06985339 | Director | 10 Sep 2014 | 12 yrs 1 mo | Jagdishwar Enterprises (India ) Private Limited |
| Mauro Prignoli DIN 07124240 | Director | 27 Apr 2015 | 11 yrs 6 mo | Piaggio Vehicles Private Limited |
| Diego Graffi DIN 07845516 | Managing Director | 09 Jun 2017 | 9 yrs 4 mo | Piaggio Vehicles Private Limited |
| Fabio Grimaldi DIN 09102841 | Director | 26 Apr 2021 | 5 yrs 6 mo | Piaggio Vehicles Private Limited |
| Stefano Mascagni DIN 09378431 | Whole-time director | 16 Dec 2021 | 4 yrs 10 mo | Piaggio Vehicles Private Limited |
People of Piaggio Apé
2 people are tracked at Piaggio Apé (2 in leadership); the tracked headcount is 1,483.
| Name | Role | Group |
|---|---|---|
| CEO & MD | Leadership | |
Philomena Vaz | Head Of Learning And People Development | Leadership |
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Complete people profiles for Piaggio Apé
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Financials of Piaggio Apé
Figures of Piaggio Vehicles Private Limited, the primary company behind Piaggio Apé, for FY 2024. Revenue was ₹3,584 Cr (+11% year on year). Net profit was ₹108 Cr (3% margin). EBITDA was ₹330 Cr (9% margin). Revenue has grown at a compounded annual rate of +14% over three years and -1% over five years.
- ₹3,584 CrRevenue · FY 2024 · +11% YoY
- ₹108 CrNet profit · 3% margin
- ₹330 CrEBITDA · 9% margin
- ₹34.00 CrPaid-up capital
- 1,483Employees (provident fund records)
- +14%Revenue CAGR, 3 years
- -1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Piaggio Vehicles Private Limited are on its company page.
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Detailed financial statements for Piaggio Apé
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Similar companies to Piaggio Apé
Piaggio Apé has 3 listed similar companies in our database, 3 of them funded. They include TI Clean Mobility, 3evi and Mahindra Last Mile Mobility.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ticleanmobility.tcc.mode | 2022 | Chennai, India | $519.2M | 530 | Electric three-wheelers are designed, manufactured, and marketed for passenger transport. | |
| 3evi.com | 2019 | Bengaluru, India | $24.64M | 250 | Three-wheel electric vehicles are manufactured along with hyper-local connectivity services. | |
| mahindralastmilemobility.com | 1994 | Mumbai, India | $104.24M | 33,980 | Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles |
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Detailed similar companies of Piaggio Apé
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Web traffic of Piaggio Apé
The website of Piaggio Apé (piaggio-cv.co.in) receives about 21.8K visits a month and ranks #1,130,564 among all websites worldwide, #2,667 in Motorcycles.
- Monthly visits21.8K
▼ 1.2% vs previous month
- Unique visitors10.8K
per month
- Global rank#1,130,564
among all websites
- Category rank#2,667
Vehicles · Motorcycles
Visitor engagement
- Bounce rate32%
- Pages per visit2.3
- Average visit27 sec
- DevicesDesktop 20% · Mobile 80%
Similar websites
Websites whose visitors overlap most with Piaggio Apé. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| piaggiogroup.com | 100% | 82K | #321,275 | View details | |
| batteryswapcabinet.com | 100% | 6.4K | #2,120,405 | View details | |
| altigreen.com | 89% | 8.8K | #2,666,433 | View details | |
| mahindralastmilemobility.com | 80% | 36.8K | #584,005 | View details | |
| montraelectric.com | 75% | 101.1K | #472,663 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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All 10 similar websites and full traffic analytics for Piaggio Apé
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Top companies in Automotive Manufacturing & Components
3 companies that operate in the same segment as Piaggio Apé (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles | 1994 | Mumbai, Maharashtra, India | USD 137.89 M | USD 17.06 B | 33,980 | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | USD 34.18 M | 177 |
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Related news about Piaggio Apé
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Frequently Asked Questions about Piaggio Apé
Piaggio Apé was founded in 1884.
Piaggio Apé is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Diego Graffi is the CEO of Piaggio Apé, as recorded in our data.
Piaggio Apé has 1,483 employees.
The primary company behind Piaggio Apé, Piaggio Vehicles Private Limited, reported revenue of ₹3,584 Cr for FY 2024, up 11% year on year.
Piaggio Apé is known for producing a wide range of three-wheeler commercial vehicles catering to both cargo and passenger segments. These vehicles are utilized across diverse industries in India for efficient last-mile transportation solutions. Offerings include diesel, CNG, petrol, and electric variants, addressing urban mobility challenges with cost-effective and eco-friendly options. The brand is trusted for durability, versatility, and reliability in navigating congested areas. Piaggio Apé serves small businesses, e-commerce platforms, and individual transport needs with innovative designs.
Piaggio Apé's top competitors include Mahindra Last Mile Mobility, TI Clean Mobility and 3evi.
Piaggio Apé offers Apé Xtra Classic Diesel, Apé E-City FX Max, and Apé Auto Classic.
Piaggio Apé is associated with 2 legal entities: Piaggio Vehicles Private Limited, Jagdishwar Enterprises (India ) Private Limited.
The legal entities of Piaggio Apé currently have 12 directors, including Fabio Grimaldi, Mauro Prignoli, Stefano Mascagni and others.