About PURE EV
PURE EV is a company based in Hyderabad (India) founded in 2015 by Nishanth Dongari. PURE EV has raised $21.58 million across 6 funding rounds from investors including Hindustan Media Ventures, Priya Foods and Natsoft Information Systems. The company has 459 employees as of April 04, 2024. PURE EV operates in a competitive market with competitors including Ola Electric, Ultraviolette, Ather Energy, Gogoro and Oben Electric, among others.
- Headquarter Hyderabad, India
- Employees 459 as on 04 Apr, 2024
- Founders Nishanth Dongari
- Stage Minicorn
-
Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Pur Energy Private Limited
- Date of Incorporation 19 Jun, 2015
- Jurisdiction Medak, Telangana, India
-
Annual Revenue
$16.9 M (USD)-37.9as on Mar 31, 2023
-
Net Profit
-$1.12 M (USD)-388.28as on Mar 31, 2023
-
EBITDA
-$879.76 K (USD)-219.03as on Mar 31, 2023
-
Total Equity Funding
$21.58 M (USD)
in 6 rounds
-
Latest Funding Round
$5.67 M (USD), Series A
Mar 14, 2025
-
Investors
Hindustan Media Ventures
& 22 more
-
Employee Count
459
as on Apr 04, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of PURE EV
Unlock access to complete
Funding Insights of PURE EV
PURE EV has successfully raised a total of $21.58M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $5.67 million completed in March 2025. 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 PURE EV
PURE EV has secured backing from 23 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Hindustan Media Ventures, Priya Foods and Natsoft Information Systems.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Seed-stage investments are focused on by Time Cap Pharma Labs.
|
Locked | Locked | Locked | |
|
Investments in early-stage startups are made by Brand Capital.
|
Locked | Locked | Locked | |
|
Multiple sectors are targeted for private equity investments.
|
Locked | Locked | Locked |
Investor details for PURE EV
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by PURE EV
Investment portfolio details for PURE EV
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - PURE EV
Detailed financials for PURE EV
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Pure Ev Comparisons
Peer comparison for PURE EV
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of PURE EV
PURE EV 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 Ola Electric, Ultraviolette, Ather Energy, Gogoro and Oben Electric, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Electric scooters and motorcycles are manufactured with related accessories.
|
|
| Locked | Locked | Locked |
High-performance electric motorcycles for street and sports use are engineered.
|
|
| Locked | Locked | Locked |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
|
|
| Locked | Locked | Locked |
Electric scooters are developed and battery swapping networks are operated.
|
|
| Locked | Locked | Locked |
Electric motorcycles and components are designed and manufactured.
|
|
| Locked | Locked | Locked |
Manufacturer offering electric scooters and mobility solutions
|
Detailed competitors of PURE EV
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Pure Ev
Complete news archive for PURE EV
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about PURE EV
PURE EV was founded in 2015 and raised its 1st funding round 4 years after it was founded.
PURE EV is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
PURE EV is a funded company, having raised a total of $21.58M across 6 funding rounds to date.
As of Apr 04, 2024, the latest employee count at PURE EV is 459.
Annual revenue of PURE EV is $16.9M as on Mar 31, 2023.
PURE EV was founded in 2015 in Hyderabad, India, within the clean energy and mobility sector. Smart energy storage solutions for residential, commercial, and grid uses are developed and supplied. Electric vehicles are designed and produced, alongside lithium batteries and associated components. Operations focus on sustainable technologies for diverse applications in the Indian market.
PURE EV's top competitors include Ather Energy, Ola Electric and Ultraviolette.
PURE EV has 23 investors. Key investors include Hindustan Media Ventures, Priya Foods, Natsoft Information Systems, Time Cap Pharma Labs, and Bennett, Coleman.
The valuation of PURE EV is $193.51M as of Jun 2023.