Qucev

Hyderabad, India Founded: 2022 • Age: 4 yrs
Platform offering electric commercial vehicles
Annual revenue - Latest available
Total funding $19.1M 3 rounds
Employees 24 Tracked headcount
Investors 6 Known backers
Products 1 Services tracked
Competitors 8 Brand Intelligence

About Qucev

Qucev is a company based in Hyderabad (India) founded in 2022 by Naresh Rawal. Qucev has raised $19.13 million across 3 funding rounds from investors including Barclays, Singularity Ventures AMC and Maa Creations. The company has 24 employees as of April 08, 2024. Qucev offers products and services including Sustainable Mobility Solutions. Qucev operates in a competitive market with competitors including Tesla, Fisker, Motovolt, BAIC New Energy and BNC Motors, among others.

  • Headquarter Hyderabad, India
  • Employees 24 as on 08 Apr, 2024
  • Founders Naresh Rawal
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Qucev Technologies Private Limited
  • Date of Incorporation 09 Mar, 2022
  • Jurisdiction Seri Lingampally, Telangana, India
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$36.39 K (USD)
    0
    as on Mar 31, 2023
  • EBITDA
    -$22.57 K (USD)
    0
    as on Mar 31, 2023
  • Total Equity Funding
    $19.13 M (USD)

    in 3 rounds

  • Latest Funding Round
    $15 M (USD), Series B

    Dec 18, 2025

  • Investors
    Barclays

    & 5 more

  • Employee Count
    24

    as on Apr 08, 2024

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Products & Services of Qucev

Qucev offers a comprehensive portfolio of products and services, including Sustainable Mobility Solutions.

Product name locked
Category locked
Primary

Develops cost-effective solutions to promote decarbonization in mobility sectors.

Funding Insights of Qucev

Qucev has successfully raised a total of $19.13M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in December 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 Qucev

Qucev has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Barclays, Singularity Ventures AMC and Maa Creations.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment management services in growth equity and public investments in India.
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Investor details for Qucev

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Investments & Acquisitions by Qucev

Investments
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Investment portfolio details for Qucev

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Financial Statements - Qucev

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Detailed financials for Qucev

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Qucev Comparisons

Qucev Primary company
Description
Platform offering electric commercial vehicles
Location
Hyderabad, India
Founded Year
2022
Annual Revenue
Not available
Net Profit
-$36.39 K (USD)
EBITDA
-$22.57 K (USD)
Employees
24
As of 2024
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Peer comparison for Qucev

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Competitors of Qucev

Qucev 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 Tesla, Fisker, Motovolt, BAIC New Energy and BNC Motors, among others.

Company Name Domain Founded year HQ Location Description
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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 bicycles with advanced features are developed by Motovolt.
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Electric vehicles are developed and engineered in Beijing, China.
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Electric two-wheelers with removable batteries and hub motors are manufactured.
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Manufacturer of electric two and three-wheelers for personal and commercial use
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Detailed competitors of Qucev

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Latest news on Qucev

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Complete news archive for Qucev

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Frequently Asked Questions about Qucev

Qucev was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Qucev is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Naresh Rawal is the current CEO of Qucev. They have also founded this company.

Qucev is a funded company, having raised a total of $19.13M across 3 funding rounds to date.

As of Apr 08, 2024, the latest employee count at Qucev is 24.

Qucev was founded in 2022 in Hyderabad, India, within the electric vehicles sector focused on commercial transport. A platform is operated to provide buses, 3-wheelers, and trucks engineered for sustainable operations and reduced costs. These vehicles support urban and logistics needs in the Indian market, emphasizing environmental efficiency and practical deployment.

Qucev's top competitors include Fisker, Tesla and Greaves Electric Mobility.

Qucev offers Sustainable Mobility Solutions.

Qucev has 6 investors. Key investors include Barclays, Singularity Ventures AMC, Maa Creations, Lotus Family Trust, and Volrado Venture Partners.

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