Pravaig

Bengaluru, India Founded: 2011 • Age: 15 yrs
Provider of a deep tech mobility company specializing in the design and transformation of internal combustion engine vehicles into electric vehicles within a short timeframe, offering innovative solutions for global OEMs
Annual revenue $256,337 Latest available
Total funding $7.9M 4 rounds
Employees 132 Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Pravaig

Pravaig is a company based in Bengaluru (India) founded in 2011 by Dhawal Khullar. Pravaig has raised $7.91 million across 4 funding rounds from investors including Eren Groupe, Vouno and Hugues Xavier Chris Tophe Marie. The company has 132 employees as of October 14, 2024. Pravaig operates in a competitive market with competitors including Polestar, NIO, Tesla, Fisker and Beijing Che Lixing Information Technology, among others.

  • Headquarter Bengaluru, India
  • Employees 132 as on 14 Oct, 2024
  • Founders Dhawal Khullar
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Pravaig Dynamics Private Limited
  • Date of Incorporation 12 Jun, 2019
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $256.34 K (USD)
    44436.37
    as on Mar 31, 2023
  • Net Profit
    -$1.91 M (USD)
    -34.17
    as on Mar 31, 2023
  • EBITDA
    -$2.06 M (USD)
    -57.93
    as on Mar 31, 2023
  • Total Equity Funding
    $7.91 M (USD)

    in 4 rounds

  • Latest Funding Round
    $2.34 M (USD), Seed

    Jan 03, 2026

  • Investors
    Eren Groupe

    & 6 more

  • Employee Count
    132

    as on Oct 14, 2024

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Funding Insights of Pravaig

Pravaig has successfully raised a total of $7.91M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $2.34 million completed in January 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.

Investors in Pravaig

Pravaig has secured backing from 7 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Eren Groupe, Vouno and Hugues Xavier Chris Tophe Marie.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
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Develops renewable energy solutions through production, storage, and efficiency technologies.
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Investor details for Pravaig

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Investments & Acquisitions by Pravaig

Investments
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Investment portfolio details for Pravaig

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Financial Statements - Pravaig

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Detailed financials for Pravaig

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Pravaig Comparisons

Pravaig Primary company
Description
Provider of a deep tech mobility company specializing in the...
Location
Bengaluru, India
Founded Year
2011
Annual Revenue
$256.34 K (USD)
Net Profit
-$1.91 M (USD)
EBITDA
-$2.06 M (USD)
Employees
132
As of 2024
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Peer comparison for Pravaig

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Competitors of Pravaig

Pravaig 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 Polestar, NIO, Tesla, Fisker and Beijing Che Lixing Information Technology, among others.

Company Name Domain Founded year HQ Location Description
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Electric vehicles are manufactured and developed by Polestar.
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AI-enabled electric vehicles and battery-swapping systems are developed by NIO.
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Electric vehicles and solar energy products are manufactured.
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Electric vehicles are manufactured and leased by Fisker Inc.
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Electric SUVs are manufactured in Beijing, China.
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Multi-category electric vehicles and robots are manufactured by Segway-Ninebot.
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Detailed competitors of Pravaig

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Latest news on Pravaig

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Frequently Asked Questions about Pravaig

Pravaig was founded in 2011 and raised its 1st funding round 9 years after it was founded.

Pravaig is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Pravaig is a funded company, having raised a total of $7.91M across 4 funding rounds to date.

As of Oct 14, 2024, the latest employee count at Pravaig is 132.

Annual revenue of Pravaig is $256.34K as on Mar 31, 2023.

Provider of a deep tech mobility company specializing in the design and transformation of internal combustion engine vehicles into electric vehicles within a short timeframe, offering innovative solutions for global OEMs. The company focuses on crafting world-class products, prioritizing data and AI-driven technologies while emphasizing privacy, security, and genuine ownership.

Pravaig's top competitors include Polestar, Beijing Che Lixing Information Technology and Fisker.

Pravaig has 7 investors. Key investors include Eren Groupe, Vouno, Hugues Xavier Chris Tophe Marie, Propensity, and Midwest Energy.

The valuation of Pravaig is $130.86M as of Feb 2021.

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