About Rowwet
Rowwet is a Transportation, Automotive & Logistics company based in Pune (India) founded in 2019. It develops innovative technologies for electric bikes and scooters. It operates on a B2C model. Its Indian entity Rowwet Mobility Private Limited reported revenue of ₹2.53 Cr. Its focus areas include Manufacturing, Transportation, Electric Vehicles and Bikes and Scooters. Similar companies include Ola Electric, Ultraviolette and Ather Energy; 3 of its 3 listed similar companies have raised funding.
Company details
Rowwet, based in Pune, focuses on producing manufactured goods, providing transportation services, developing electric vehicles, and bikes and scooters. Develops innovative technologies for electric bikes and scooters. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Pune, India
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website rowwet.in
- Social X Facebook Instagram
- Legal Name Rowwet Mobility Private Limited
- Date of Incorporation 07 May, 2019
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹2.53 Cr
FY 2023 · -61% YoY
- Net Profit₹6.4 Lakh
FY 2023 · 3% margin
- EBITDA₹59.7 Lakh
FY 2023 · 24% margin
Associated legal entities of Rowwet
Rowwet operates through Rowwet Mobility Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rowwet Mobility Private Limited CIN U34209PN2019PTC183987 | Active | 07 May 2019 | Pune, Maharashtra | ₹2.5 Cr | 8 | View details |
Board of directors of Rowwet Mobility Private Limited (Rowwet)
Rowwet Mobility Private Limited is the primary company behind Rowwet. The board of Rowwet Mobility Private Limited currently have 8 directors; the longest-serving is Rahul Vilas Nahata, appointed in 2019. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rahul Vilas Nahata DIN 01171075 | Managing Director | 07 May 2019 | 7 yrs 5 mo | Rowwet Mobility Private Limited |
| Sheetal Rahul Nahata DIN 02895216 | Director | 07 May 2019 | 7 yrs 5 mo | Rowwet Mobility Private Limited |
| Pratik Rajendra Pawar DIN 08533910 | Additional Director | 10 Aug 2019 | 7 yrs 2 mo | Rowwet Mobility Private Limited |
| Jitendra Ashok Lodha DIN 05342985 | Additional Director | 10 Aug 2019 | 7 yrs 2 mo | Rowwet Mobility Private Limited |
| Sonal Amit Surana DIN 07632524 | Additional Director | 04 Nov 2019 | 6 yrs 11 mo | Rowwet Mobility Private Limited |
| Amit Ashok Surana DIN 07779402 | Additional Director | 04 Nov 2019 | 6 yrs 11 mo | Rowwet Mobility Private Limited |
| Vivek Surinder Mahajan DIN 06842679 | Director | 01 Sep 2022 | 4 yrs 1 mo | Rowwet Mobility Private Limited |
| Manigandan Majunathan DIN 06923652 | Additional Director | 22 Aug 2024 | 2 yrs 2 mo | Rowwet Mobility Private Limited |
Financials of Rowwet
Figures of Rowwet Mobility Private Limited, the primary company behind Rowwet, for FY 2023. Revenue was ₹2.53 Cr (-61% year on year). Net profit was ₹6.4 Lakh (3% margin). EBITDA was ₹59.7 Lakh (24% margin). Revenue has grown at a compounded annual rate of +225% over three years.
- ₹2.53 CrRevenue · FY 2023 · -61% YoY
- ₹6.4 LakhNet profit · 3% margin
- ₹59.7 LakhEBITDA · 24% margin
- ₹2.00 CrPaid-up capital
- +225%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Rowwet Mobility Private Limited are on its company page.
Detailed financial statements for Rowwet
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Similar companies to Rowwet
Rowwet has 3 listed similar companies 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 similar companies of Rowwet
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- Full competitor set
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Top companies in Bicycles & Micro-Mobility
3 companies that operate in the same segment as Rowwet (Bicycles & Micro-Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycles are manufactured and distributed from Gurugram, India. | 2004 | Gurugram, Haryana, India | USD 7.46 M | 60 | ||
Manufactures electric bikes for eco-friendly short-distance travel in India. | 2020 | Hyderabad, Telangana, India | USD 456.51 K | |||
Manufacturing of bicycles, e-bikes, and automotive components with a focus on global mobility and engineering solutions. | 2017 | Delhi, Delhi, India | USD 31.87 K | 1 |
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Frequently Asked Questions about Rowwet
Rowwet was founded in 2019.
Rowwet is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
The primary company behind Rowwet, Rowwet Mobility Private Limited, reported revenue of ₹2.53 Cr for FY 2023, down 61% year on year.
Rowwet, based in Pune, focuses on producing manufactured goods, providing transportation services, developing electric vehicles, and bikes and scooters. Develops innovative technologies for electric bikes and scooters. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Rowwet's top competitors include Ather Energy, Ola Electric and Ultraviolette.
Rowwet operates through Rowwet Mobility Private Limited.
The legal entities of Rowwet currently have 8 directors, including Pratik Rajendra Pawar, Sonal Amit Surana, Rahul Vilas Nahata and others.