About Qucev
Qucev is a Transportation, Automotive & Logistics company based in Hyderabad (India) founded in 2022 by Naresh Rawal. Platform offering electric commercial vehicles. 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. Its chief executive, as recorded, is Naresh Rawal. Its website qucev.com draws about 11 thousand monthly visits. Its Indian entity Qucev Technologies Private Limited reported revenue of ₹2.68 Cr. Qucev offers products and services including Sustainable Mobility Solutions. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Commercial Vehicles. Its competitors include Motovolt, BNC Motors and Greaves Electric Mobility; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Hyderabad, India
- Employees 24
- Founders Naresh Rawal
- SectorsTransportation, Automotive & Logistics
- Website qucev.com
- Legal Name Qucev Technologies Private Limited
- Date of Incorporation 09 Mar, 2022
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹2.68 Cr
FY 2025 · +1589% YoY
- Net Loss-₹9.35 Cr
FY 2025 · -349% margin
- EBITDA-₹5.98 Cr
FY 2025 · -223% margin
- Total Equity Funding$19.13M (USD)
in 3 rounds
- Latest Funding Round$15M (USD), Series B
Dec 2025
- InvestorsBarclays
& 5 more
- Employee Count24
Associated legal entities of Qucev
Qucev operates through Qucev Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Qucev Technologies Private Limited CIN U34300TG2022PTC160463 | Active | 09 Mar 2022 | Hyderabad, Telangana | ₹2.7 Cr | 24 | 3 | View details |
Products & Services of Qucev
Qucev offers a comprehensive portfolio of products and services, including Sustainable Mobility Solutions.
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.
- Total Funding $19.13M
- Total Rounds 3
- Last Round Series B — $15M
- First Round $3.24M
(Oct 2023)
- Investors Count 6
All 3 funding rounds of Qucev 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 |
|---|---|---|---|---|---|
| Dec 2025 | $15M | Series B | – | Singularity AMC | |
| Nov 2024 | $887,475 | Series A | – | Singularity Ventures AMC | – |
| Oct 2023 | $3.24M | Series A | – | Barclays |
6 investors in total: 6 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment management services in growth equity and public investments in India. | 2016 | singularityamc.com | Mumbai, India | |
| volradoventurepartners.tcc.mode | ||||
| anchoragecap.in | ||||
Diversified financial services are provided across global markets. | 1690 | home.barclays | London, United Kingdom | |
Retailer of households stuff | maacreations.tcc.mode | |||
| lotusfamilytrust.tcc.mode |
Investor details for Qucev
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Qucev Technologies Private Limited (Qucev)
Qucev Technologies Private Limited is the primary company behind Qucev. The board of Qucev Technologies Private Limited currently have 2 directors; the longest-serving is Seema Rawal, appointed in 2022. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Seema Rawal DIN 08693567 | Director | 09 Mar 2022 | 4 yrs 7 mo | Qucev Technologies Private Limited |
| Naresh Rawal Kumar DIN 01630545 | CEO | 15 Feb 2023 | 3 yrs 8 mo | Qucev Technologies Private Limited |
People of Qucev
1 people are tracked at Qucev (1 in leadership); the tracked headcount is 24.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Qucev
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Verified entity values are shown only after access is granted.
Financials of Qucev
Figures of Qucev Technologies Private Limited, the primary company behind Qucev, for FY 2025. Revenue was ₹2.68 Cr (+1589% year on year). Net loss was -₹9.35 Cr (-349% margin). EBITDA was -₹5.98 Cr (-223% margin).
- ₹2.68 CrRevenue · FY 2025 · +1589% YoY
- -₹9.35 CrNet loss · -349% margin
- -₹5.98 CrEBITDA · -223% margin
- ₹16.65 CrPaid-up capital
- 24Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Qucev Technologies Private Limited are on its company page.
Detailed financial statements for Qucev
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Qucev
3 dated milestones of Qucev across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Qucev is founded.
- Funding First funding round of $3.2M.
- Funding Latest funding round, Series B, of $15.0M.
Competitors of Qucev
Qucev has 3 listed competitors in our database, 3 of them funded. They include Motovolt, BNC Motors and Greaves Electric Mobility.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| motovolt.co | 2019 | Kolkata, India | $1.92M | 315 | Electric bicycles with advanced features are developed by Motovolt. | |
| bncmotors.in | 2020 | Coimbatore, India | $8.66M | Electric two-wheelers with removable batteries and hub motors are manufactured. | ||
| greaveselectricmobility.com | 2008 | Bengaluru, India | $226.32M | 1,551 | Manufacturer of electric two and three-wheelers for personal and commercial use |
Detailed competitors of Qucev
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Qucev
The website of Qucev (qucev.com) receives about 11.5K visits a month.
- Monthly visits11.5K
▲ 184.3% vs previous month
Websites whose visitors overlap most with Qucev. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ndsecomotors.com | 100% | View details |
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Qucev (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 Qucev
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 CEO of Qucev, as recorded in our data. They have also founded this company.
Qucev is a funded company, having raised a total of $19.13M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3.24M, raised on Oct 2023.
Qucev has 24 employees.
The primary company behind Qucev, Qucev Technologies Private Limited, reported revenue of ₹2.68 Cr for FY 2025, up 1589% year on year.
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 Greaves Electric Mobility, Motovolt and BNC Motors.
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.
Qucev operates through Qucev Technologies Private Limited.
The legal entities of Qucev currently have 3 directors, including Seema Rawal, Naresh Rawal Kumar, Naresh Kumar Rawal.