SmartE

Delhi, India Founded: 2015 • Age: 11 yrs
Online platform offering electric threewheeler ride-hailing and shared rides services
Annual revenue $388,205 Latest available
Total funding $21.7M 4 rounds
Employees 5 Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About SmartE

SmartE is a company based in Delhi (India) founded in 2015 by Goldie Srivastava and Palash Roy Chowdhury. SmartE has raised $21.73 million across 4 funding rounds from investors including Mitsui & Co, Ecotransit Investments International and Akhil Bansal. The company has 5 employees as of June 30, 2023. SmartE offers products and services including SmartE App and Electric Ride Service. SmartE operates in a competitive market with competitors including ZEVO India, MyPickup, MetroRide, Oye Rickshaw and eSavari, among others.

  • Headquarter Delhi, India
  • Employees 5 as on 30 Jun, 2023
  • Founders Goldie Srivastava, Palash Roy Chowdhury
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Treasure Vase Venture Pvt. Ltd.
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $388.21 K (USD)
    -82
    as on Mar 31, 2024
  • Net Profit
    -$187.77 K (USD)
    76
    as on Mar 31, 2024
  • EBITDA
    -$157.41 K (USD)
    66
    as on Mar 31, 2024
  • Total Equity Funding
    $21.73 M (USD)

    in 4 rounds

  • Latest Funding Round
    $14.63 M (USD), Series B

    Jul 12, 2019

  • Investors
  • Employee Count
    5

    as on Jun 30, 2023

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Products & Services of SmartE

SmartE offers a comprehensive portfolio of products and services, including SmartE App and Electric Ride Service.

Product name locked
Category locked
Primary

App for booking electric rides for short urban distances.

Product name locked
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Zero-emission transport for first and last mile connectivity.

Funding Insights of SmartE

SmartE has successfully raised a total of $21.73M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $14.63 million completed in July 2019. 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 SmartE

SmartE has secured backing from 3 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Mitsui & Co, Ecotransit Investments International and Akhil Bansal.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Multiple sectors are invested in by the venture capital firm.
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Traditional conglomerate services are provided across multiple sectors by Mitsui.
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Akhil Bansal

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Investor details for SmartE

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  • Investor domains
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Investments & Acquisitions by SmartE

Investments
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Investment portfolio details for SmartE

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Financial Statements - SmartE

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Detailed financials for SmartE

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Smarte Comparisons

SmartE Primary company
Description
Online platform offering electric three‑wheeler ride-hailing...
Location
Delhi, India
Founded Year
2015
Annual Revenue
$388.21 K (USD)
Net Profit
-$187.77 K (USD)
EBITDA
-$157.41 K (USD)
Employees
5
As of 2023
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Peer comparison for SmartE

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Competitors of SmartE

SmartE 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 ZEVO India, MyPickup, MetroRide, Oye Rickshaw and eSavari, among others.

Company Name Domain Founded year HQ Location Description
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End-to-end EV supply chain solutions are delivered via a platform.
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On-demand electric rides are offered for daily commutes through subscriptions.
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Safe transport for children to school and activities is provided.
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Online platform offering slot games and fishing arcade with easy registration.
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Electric rickshaws are manufactured for passenger transport and leasing.
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Detailed competitors of SmartE

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Latest news on Smarte

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Complete news archive for SmartE

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Frequently Asked Questions about SmartE

SmartE was founded in 2015 and raised its 1st funding round 1 year after it was founded.

SmartE is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Goldie Srivastava is the current CEO of SmartE. They have also founded this company.

SmartE is a funded company, having raised a total of $21.73M across 4 funding rounds to date.

As of Jun 30, 2023, the latest employee count at SmartE is 5.

Annual revenue of SmartE is $388.21K as on Mar 31, 2024.

SmartE was founded in 2015 in Delhi, India, within the urban mobility sector. An online platform is operated to deliver ride-hailing and shared rides using electric three-wheelers. On-demand services for short-distance travel are facilitated, emphasizing eco-friendly options. Operations focus on efficient ride matching and emission reduction in urban areas, serving the Indian market.

SmartE's top competitors include Oye Rickshaw, ZEVO India and MetroRide.

SmartE offers SmartE App and Electric Ride Service.

SmartE has 3 investors. Key investors include Mitsui & Co, Ecotransit Investments International, and Akhil Bansal.

The valuation of SmartE is $49.45M as of Jul 2019.

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