Quanteon World

Delhi, India Founded: 2018 • Age: 8 yrs Minicorn
Electric motors are provided for various electric vehicle categories.

About Quanteon World

Quanteon World is a Transportation, Automotive & Logistics company based in Delhi (India) founded in 2018 by Narsimham KV and Ramesh Lakra. Electric motors are provided for various electric vehicle categories. Quanteon World has raised $1.65 million across 4 funding rounds from investors including Livguard and GAIL. Quanteon World was last valued at $10.27 million in June 2023. Its chief executive, as recorded, is Ramesh Lakra. Its Indian entity Quanteon Powertrain Private Limited reported revenue of β‚Ή1.42 Cr. Quanteon World offers products and services including Axial Flux Motors and Radial Flux Motors. Its focus areas include Auto, Auto Components, Powertrain System and Electric Vehicles. Its competitors include Chara, TSUYO and Revoh; 3 of its 3 listed competitors have raised funding.

Company details

Quanteon World was founded in 2018 and is headquartered in Delhi, India. Electric motors tailored for multiple electric vehicle categories are offered via its platform. Regenerative braking-integrated smart motor designs are supplied, facilitating the replacement of traditional friction pad brakes and gearboxes with axial-flux in-wheel motor hubs for manufacturers in the automotive sector.

  • Headquarters Delhi, India
  • Founders Narsimham KV, Ramesh Lakra
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website quanteonworld.com
  • Social LinkedIn
  • Legal Name Quanteon Powertrain Private Limited
  • Date of Incorporation 05 Sep, 2018
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Annual Revenue
    ₹1.42 Cr

    FY 2024 · +274% YoY

  • Net Loss
    -₹2.30 Cr

    FY 2024 · -161% margin

  • EBITDA
    -₹2.29 Cr

    FY 2024 · -161% margin

  • Total Equity Funding
    $1.65M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.17M (USD), Seed

    Jun 2023

  • Investors
    Livguard

    & 1 more

Products & Services of Quanteon World

Quanteon World offers a comprehensive portfolio of products and services, including Axial Flux Motors and Radial Flux Motors.

Axial Flux Motors
EV Motors

High-power density motors for electric vehicles like two-wheelers and buses.

Radial Flux Motors
EV Motors

Motors designed for L5 and L7 vehicle applications.

Funding Insights of Quanteon World

Quanteon World has successfully raised a total of $1.65M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.17 million completed in June 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.

  • Total Funding $1.65M
  • Total Rounds 4
  • Last Round Seed β€” $1.17M
  • First Round $282,452

    (Nov 2019)

  • Investors Count 2

All 4 funding rounds of Quanteon World with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2023$1.17MSeed$10.27MLivguard
–
Oct 2021$132,544Seed$5.4MGAIL
–
Sep 2020$67,728Seed$β€’β€’β€’β€’β€’GAIL
–
Nov 2019$282,452Seed$β€’β€’β€’β€’β€’GAIL
–
Valuation history
DateValuationStage
Jun 2023$10.27Mβ€’β€’β€’β€’β€’β€’β€’β€’
Oct 2021$5.4Mβ€’β€’β€’β€’β€’β€’β€’β€’
Sep 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Nov 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Quanteon World

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Last known valuation $10.27M (Jun 2023). 2 investors in total: 2 institutional.

Investors in Quanteon World

Quanteon World has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Livguard and GAIL.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Automotive batteries and solar products are manufactured by Livguard.
2014livguard.comGurugram, India
Natural gas exploration, production, transmission, marketing, and processing are conducted.
1984gailonline.comDelhi, India
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Investor details for Quanteon World

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Board of directors of Quanteon Powertrain Private Limited (Quanteon World)

Quanteon Powertrain Private Limited is the primary company behind Quanteon World. The board of Quanteon Powertrain Private Limited currently have 3 directors; the longest-serving is Kanumalla Venkata Narsimham, appointed in 2019. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Kanumalla Venkata Narsimham
DIN 08517667
Director25 Jun 20197 yrs 4 moQuanteon Powertrain Private Limited
Vinod Sharma
DIN 00064374
Director31 Jan 20224 yrs 9 moQuanteon Powertrain Private Limited
Ramesh Kumar Lakra
DIN 10044369
Director18 Jan 20233 yrs 9 moQuanteon Powertrain Private Limited

People of Quanteon World

2 people are tracked at Quanteon World (2 in leadership).

NameRoleGroup
Narsimham KV
Co-Founder & COOLeadership
Co-Founder & CEOLeadership
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Financials of Quanteon World

Figures of Quanteon Powertrain Private Limited, the primary company behind Quanteon World, for FY 2024. Revenue was ₹1.42 Cr (+274% year on year). Net loss was -₹2.30 Cr (-161% margin). EBITDA was -₹2.29 Cr (-161% margin). Revenue has grown at a compounded annual rate of +292% over three years.

  • ₹1.42 CrRevenue · FY 2024 · +274% YoY
  • -₹2.30 CrNet loss · -161% margin
  • -₹2.29 CrEBITDA · -161% margin
  • ₹34 LakhPaid-up capital
  • 10Employees (provident fund records)
  • +292%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Quanteon Powertrain Private Limited are on its company page.

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Detailed financial statements for Quanteon World

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Timeline of Quanteon World

4 dated milestones of Quanteon World across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Quanteon World is founded.
  2. Funding First funding round of $282K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $1.2M.

Competitors of Quanteon World

Quanteon World has 3 listed competitors in our database, 3 of them funded. They include Chara, TSUYO and Revoh.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
chara.co.in2019Bengaluru, India$11.86M75
Manufacturer of motors for electric vehicles
tsuyo.co.in2020Delhi, India$4.5M29
BDLC motors and controllers for electric three-wheelers are developed.
revoh.in2017Chennai, India$637,09624
End-to-end hardware and software solutions for electric vehicles are provided.
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Detailed competitors of Quanteon World

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Top companies in Electric & Green Mobility

3 companies that operate in the same segment as Quanteon World (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric ride-hailing and cab services are provided via mobile app.
2019Mumbai, Maharashtra, IndiaUSD 168.52 M
Shared electric two-wheelers are rented via an online platform.
2017Bengaluru, Karnataka, IndiaUSD 187.54 MUSD 37.93 M401
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
2013Bengaluru, Karnataka, IndiaUSD 502.02 MUSD 391.37 M1,917
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Frequently Asked Questions about Quanteon World

Quanteon World was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Quanteon World is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Ramesh Lakra is the CEO of Quanteon World, as recorded in our data. They have also founded this company.

Quanteon World is a funded company, having raised a total of $1.65M across 4 funding rounds to date. The company's 1st funding round was a Seed of $282.45K, raised on Nov 2019.

The primary company behind Quanteon World, Quanteon Powertrain Private Limited, reported revenue of β‚Ή1.42 Cr for FY 2024, up 274% year on year.

Quanteon World was founded in 2018 and is headquartered in Delhi, India. Electric motors tailored for multiple electric vehicle categories are offered via its platform. Regenerative braking-integrated smart motor designs are supplied, facilitating the replacement of traditional friction pad brakes and gearboxes with axial-flux in-wheel motor hubs for manufacturers in the automotive sector.

Quanteon World's top competitors include TSUYO, Chara and Revoh.

Quanteon World offers Axial Flux Motors and Radial Flux Motors.

Quanteon World has 2 investors. Key investors include Livguard, and GAIL.

The valuation of Quanteon World is $10.27M as of Jun 2023.

Quanteon World operates through Quanteon Powertrain Private Limited.

The legal entities of Quanteon World currently have 3 directors, including Vinod Sharma, Kanumalla Venkata Narsimham, Ramesh Kumar Lakra.

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