About PURE EV
PURE EV is a Transportation, Automotive & Logistics company based in Hyderabad (India) founded in 2015 by Nishanth Dongari. Lithium-based energy storage products and electric vehicles are manufactured. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. 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. PURE EV was last valued at $193.51 million in June 2023. Its Indian entity Pur Energy Limited reported revenue of ₹137 Cr. Its focus areas include Energy Tech, Electric Vehicles, Charging Solutions and Energy Storage System. Its competitors include Ola Electric, Ultraviolette and Ather Energy; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Hyderabad, India
- Employees 459
- Founders Nishanth Dongari
- Stage Minicorn
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website pureev.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Pur Energy Private Limited
- Date of Incorporation 19 Jun, 2015
- Jurisdiction Medak, Telangana, India
- Annual Revenue₹137 Cr
FY 2025 · +5% YoY
- Net Profit₹2.55 Cr
FY 2025 · 2% margin
- EBITDA₹20.02 Cr
FY 2025 · 15% margin
- Total Equity Funding$21.58M (USD)
in 6 rounds
- Latest Funding Round$5.67M (USD), Series A
Mar 2025
- InvestorsHindustan Media Ventures
& 22 more
- Employee Count459
Associated legal entities of PURE EV
PURE EV is associated with 2 registered companies on The Company Check; the primary company is Pur Energy Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Pur Energy Limited CIN U50100TG2015PLC099416 | Active | 19 Jun 2015 | Sangareddy, Telangana | ₹137 Cr | 459 | 4 | View details |
| Pur Energy Private Limited CIN U50100TG2015PTC099416 | 19 Jun 2015 | Medak, Telangana, India | View details |
Apps and channels of PURE EV
its YouTube channel PuREEnergy India has 5.05M subscribers.
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.
- Total Funding $21.58M
- Total Rounds 6
- Last Round Series A — $5.67M
- First Round $2.16M
(Jun 2019)
- Investors Count 23
All 6 funding rounds of PURE EV 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 |
|---|---|---|---|---|---|
| Mar 2025 | $5.67M | Series A | – | Hindustan Media Ventures | |
| Nov 2024 | $1.69M | Series A | – | – | |
| Jun 2023 | $8M | Series A | $193.51M | Bennett, Coleman | |
| Jan 2022 | $2.71M | Series A | $205.96M | NSN Investments, NDL Infratech | – |
| Oct 2020 | $1.36M | Seed | $••••• | Time Cap Pharma Labs, Natsoft Information Systems | – |
| Jun 2019 | $2.16M | Angel Round | $••••• | Venkaiah Chowdary Nannapaneni | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2023 | $193.51M | •••••••• |
| Jan 2022 | $205.96M | •••••••• |
| Oct 2020 | $••••• | •••••••• |
| Jun 2019 | $••••• | •••••••• |
Full valuation and stage history of PURE EV
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $193.51M (Jun 2023). 23 investors in total: 9 institutional and 14 angel.
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. | timecappharmalabs.tcc.mode | Hyderabad, India | ||
Investments in early-stage startups are made by Brand Capital. | brandcapital.co.in | Mumbai, India | ||
Multiple sectors are targeted for private equity investments. | nsninvestments.tcc.mode | Birmingham, United Kingdom | ||
Private equity firm focused on multiple sectors | ndlinfratech.tcc.mode | Hyderabad, India | ||
Provider of software development and IT consulting services | natsoftinformationsystems.tcc.mode | Hyderabad, India | ||
Printed newspapers are published by Bennett, Coleman in India. | bccl.in | Mumbai, India | ||
Printed newspapers and periodicals are produced and published. | 1918 | hmvl.in | Delhi, India | |
Production of multiple processed and packaged foods. | 1993 | priyafoods.com | Hyderabad, India | |
VC Venkaiah Chowdary Nannapaneni | Angel investor, tech entrepreneur, and advisor in Indian startup ecosystem. | unknown_7ef1a71604c24449b | ||
BU Balaji Utla | unknown_fd9da59be05b40f09 |
Investor details for PURE EV
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Pur Energy Limited (PURE EV)
Pur Energy Limited is the primary company behind PURE EV. The board of Pur Energy Limited currently have 3 directors; the longest-serving is Nishanth Dongari, appointed in 2015. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nishanth Dongari DIN 07198715 | Managing Director | 19 Jun 2015 | 11 yrs 4 mo | Pur Energy Limited |
| Nuthana Dongari DIN 07246331 | Director | 30 Jul 2015 | 11 yrs 2 mo | Pur Energy Limited |
| Rohit Mansukhlal Vadera DIN 07497397 | Director | 27 May 2019 | 7 yrs 5 mo | Pur Energy Limited |
People of PURE EV
9 people are tracked at PURE EV (2 in leadership, 7 in team); the tracked headcount is 459.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Managing Director | Leadership | |
| Co-Founder & CEO | Leadership | |
Srinivas Sree | Digital Marketing | Team |
Moka Naga Parameswara Rao | Senior IT Engineer | Team |
A Ayphu | Marketing & Branding | Team |
Shaik Burahanoddin | Senior Digital Marketing Executive | Team |
Madhav Seelam | Manager - Digital Marketing & Branding | Team |
Nagesh Nayak | Digital Marketing Design & Branding Design | Team |
Kiran Kumar Aluvala | Data Analyst | Team |
Complete people profiles for PURE EV
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of PURE EV
Figures of Pur Energy Limited, the primary company behind PURE EV, for FY 2025. Revenue was ₹137 Cr (+5% year on year). Net profit was ₹2.55 Cr (2% margin). EBITDA was ₹20.02 Cr (15% margin). Revenue has grown at a compounded annual rate of -15% over three years and +68% over five years.
- ₹137 CrRevenue · FY 2025 · +5% YoY
- ₹2.55 CrNet profit · 2% margin
- ₹20.02 CrEBITDA · 15% margin
- ₹21.14 CrPaid-up capital
- 459Employees (provident fund records)
- -15%Revenue CAGR, 3 years
- +68%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Pur Energy Limited are on its company page.
Detailed financial statements for PURE EV
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of PURE EV
4 dated milestones of PURE EV across 10 years, from founding to its latest funding, stage changes and deals.
- Founded PURE EV is founded.
- Funding First funding round of $2.2M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $5.7M.
Competitors of PURE EV
PURE EV has 3 listed competitors in our database, 3 of them funded. They include Ola Electric, Ultraviolette and Ather Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| olaelectric.com | 2017 | Bengaluru, India | $999.91M | 3,520 | Electric scooters and motorcycles are manufactured with related accessories. | |
| ultraviolette.com | 2016 | Bengaluru, India | $103.97M | 358 | High-performance electric motorcycles for street and sports use are engineered. | |
| atherenergy.com | 2013 | Bengaluru, India | $502.02M | 1,755 | Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories |
Detailed competitors of PURE EV
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Web traffic of PURE EV
Websites that share an audience with PURE EV (pureev.in).
Websites whose visitors overlap most with PURE EV. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| zigwheels.com | 100% | 2.8M | #19,757 | View details | |
| evindia.online | 96% | 136.3K | #482,755 | View details | |
| atherenergy.com | 96% | 1.7M | #27,273 | View details | |
| acerelectric.in | 90% | #1,259,538 | View details | ||
| pureenergy.co.in | 83% | 104.2K | #507,820 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 20 similar websites and full traffic analytics for PURE EV
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Top companies in Electric & Green Mobility
3 companies that operate in the same segment as PURE EV (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 |
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Related news about Pure Ev
Complete news archive for PURE EV
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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. The company's 1st funding round was a Angel Round of $2.16M, raised on Jun 2019.
PURE EV has 459 employees.
The primary company behind PURE EV, Pur Energy Limited, reported revenue of ₹137 Cr for FY 2025, up 5% year on year.
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.
PURE EV operates through Pur Energy Limited.
The legal entities of PURE EV currently have 3 directors, including Nishanth Dongari, Nuthana Dongari, Rohit Mansukhlal Vadera.