About Planet Electric
Planet Electric is a company based in Gurugram (India) founded in 2021 by Gagan Agrawal. Planet Electric has raised $250 thousand across 1 funding round. The company has 1 employees as of April 08, 2024. Planet Electric offers products and services including Cargo Box, Containers, and eLCV Platform. Planet Electric operates in a competitive market with competitors including Infraprime Logistics Technologies, IPLTech Electric, Tresa Motors, Infraprime EVs and Urban Sphere, among others.
- Headquarter Gurugram, India
- Employees 1 as on 08 Apr, 2024
- Founders Gagan Agrawal
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Peauto Private Limited
- Date of Incorporation 16 Jun, 2021
- Jurisdiction Basai Road, Haryana, India
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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
$250 K (USD)
in 1 rounds
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Latest Funding Round
$250 K (USD), Seed
Sep 01, 2023
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Investors
Not available
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Employee Count
1
as on Apr 08, 2024
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Products & Services of Planet Electric
Planet Electric offers a comprehensive portfolio of products and services, including Cargo Box, Containers, and eLCV Platform.
Lightweight design for electric vehicles reducing weight by 55-60 percent.
Modular structures for cargo with enhanced safety and efficiency features.
Platform for 1-ton e-LCV achieving 42 percent weight reduction.
People of Planet Electric
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Funding Insights of Planet Electric
Planet Electric has successfully raised a total of $250K through 1 strategic funding round. The most recent funding activity was a Seed round of $250 thousand completed in September 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.
Investments & Acquisitions by Planet Electric
Investment portfolio details for Planet Electric
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Financial Statements - Planet Electric
Detailed financials for Planet Electric
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Planet Electric Comparisons
Peer comparison for Planet Electric
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Competitors of Planet Electric
Planet Electric 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 Infraprime Logistics Technologies, IPLTech Electric, Tresa Motors, Infraprime EVs and Urban Sphere, among others.
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Electric heavy-duty trucks are developed for logistics and construction sectors.
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Electric trucks with advanced battery and tracking features are developed.
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Develops electric trucks with axial flux motors and batteries for Indian fleet owners.
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Developer of electric trucks
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Electric commercial vehicles are manufactured with OEM connections and managed.
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SaaS-enabled utility EVs for last-mile cargo transport are developed.
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Detailed competitors of Planet Electric
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Latest news on Planet Electric
Complete news archive for Planet Electric
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Frequently Asked Questions about Planet Electric
Planet Electric was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Planet Electric is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Gagan Agrawal is the current CEO of Planet Electric. They have also founded this company.
Planet Electric is a funded company, having raised a total of $250K across 1 funding round to date.
As of Apr 08, 2024, the latest employee count at Planet Electric is 1.
Planet Electric was founded in 2021 and is based in Gurugram, India. Electric trucks are developed and manufactured by the company within the electric vehicle sector. Features such as fast charging capabilities, lithium-ion battery systems, and robust structural designs are incorporated into the vehicles. Operations center on producing sustainable transport options for commercial use, with a focus on regional markets in India.
Planet Electric's top competitors include Infraprime Logistics Technologies, IPLTech Electric and Urban Sphere.
Planet Electric offers Cargo Box, Containers, and eLCV Platform.