About SPERO E-bike
SPERO E-bike is a Transportation, Automotive & Logistics company based in Coimbatore (India) founded in 2016 by Supriya Paul and Manikandan S. Electric bicycles are developed by SPERO E-bike in India. Its Indian entity Spero Mobility And Energy Solutions Private Limited reported revenue of ₹93 Lakh. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Light Electric Vehicles. Its competitors include EMotorad, eBik and Hornback; 3 of its 3 listed competitors have raised funding.
Company details
SPERO E-bike, an electric bicycle initiative, was established in 2016 by Milltex in Coimbatore, India. Li-ion battery-powered models are produced, featuring a range of 60-100 km and a maximum speed of 25 kmph. Approximately 50k was secured through crowdfunding efforts in July-August 2016. Operations focus on sustainable urban mobility within the electric vehicle sector, led by co-founders Supriya Paul and Manikandan S.
- Headquarters Coimbatore, India
- Founders Supriya Paul, Manikandan S
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website speroelectric.in
- Social Facebook
- Legal Name Spero Mobility And Energy Solutions Private Limited
- Date of Incorporation 08 Aug, 2016
- Jurisdiction Coimbatore, Tamil Nadu, India
- Annual Revenue₹93 Lakh
FY 2020 · +17% YoY
- Net Loss-₹8.6 Lakh
FY 2020 · -9% margin
- EBITDA-₹7 Lakh
FY 2020 · -8% margin
Associated legal entities of SPERO E-bike
SPERO E-bike operates through Spero Mobility And Energy Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Spero Mobility And Energy Solutions Private Limited CIN U31904TZ2016PTC027873 | Active | 08 Aug 2016 | Coimbatore, Tamil Nadu | ₹0.9 Cr | 4 | View details |
Board of directors of Spero Mobility And Energy Solutions Private Limited (SPERO E-bike)
Spero Mobility And Energy Solutions Private Limited is the primary company behind SPERO E-bike. The board of Spero Mobility And Energy Solutions Private Limited currently have 4 directors; the longest-serving is Shanmugasundaram Manikandan, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shanmugasundaram Manikandan DIN 00689067 | Director | 08 Aug 2016 | 10 yrs 2 mo | Spero Mobility And Energy Solutions Private Limited |
| Supriya Paul DIN 06608578 | Director | 08 Aug 2016 | 10 yrs 2 mo | Spero Mobility And Energy Solutions Private Limited |
| Subrata Paul DIN 07338725 | Director | 19 Dec 2016 | 9 yrs 10 mo | Spero Mobility And Energy Solutions Private Limited |
| Sivasubramaniam Umadevi Mothilal DIN 07678481 | Director | 19 Dec 2016 | 9 yrs 10 mo | Spero Mobility And Energy Solutions Private Limited |
People of SPERO E-bike
2 people are tracked at SPERO E-bike (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & Director | Leadership | |
Manikandan S | Co-Founder & Managing Director | Leadership |
Complete people profiles for SPERO E-bike
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- Team structure
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Financials of SPERO E-bike
Figures of Spero Mobility And Energy Solutions Private Limited, the primary company behind SPERO E-bike, for FY 2020. Revenue was ₹93 Lakh (+17% year on year). Net loss was -₹8.6 Lakh (-9% margin). EBITDA was -₹7 Lakh (-8% margin). Revenue has grown at a compounded annual rate of +312% over three years.
- ₹93 LakhRevenue · FY 2020 · +17% YoY
- -₹8.6 LakhNet loss · -9% margin
- -₹7 LakhEBITDA · -8% margin
- ₹5 LakhPaid-up capital
- +312%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Spero Mobility And Energy Solutions Private Limited are on its company page.
Detailed financial statements for SPERO E-bike
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- Downloads
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Competitors of SPERO E-bike
SPERO E-bike has 3 listed competitors in our database, 3 of them funded. They include EMotorad, eBik and Hornback.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| emotorad.com | 2020 | Pune, India | $28.17M | 197 | Electric bicycles and e-bikes are offered via an online platform. | |
| ebik.in | 2017 | Delhi, India | $529,940 | Electric bicycles are manufactured with features for pedal-assisted riding. | ||
| hornback.bike | 2022 | Hyderabad, India | $428,580 | 41 | Foldable electric bicycles are provided by Hornback platform. |
Detailed competitors of SPERO E-bike
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of SPERO E-bike
The website of SPERO E-bike (speroelectric.in) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 30.6% vs previous month
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as SPERO E-bike (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 37.93 M | 401 | |
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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Frequently Asked Questions about SPERO E-bike
SPERO E-bike was founded in 2016.
SPERO E-bike is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
The primary company behind SPERO E-bike, Spero Mobility And Energy Solutions Private Limited, reported revenue of ₹93 Lakh for FY 2020, up 17% year on year.
SPERO E-bike, an electric bicycle initiative, was established in 2016 by Milltex in Coimbatore, India. Li-ion battery-powered models are produced, featuring a range of 60-100 km and a maximum speed of 25 kmph. Approximately 50k was secured through crowdfunding efforts in July-August 2016. Operations focus on sustainable urban mobility within the electric vehicle sector, led by co-founders Supriya Paul and Manikandan S.
SPERO E-bike operates through Spero Mobility And Energy Solutions Private Limited.
The legal entities of SPERO E-bike currently have 4 directors, including Subrata Paul, Sivasubramaniam Umadevi Mothilal, Shanmugasundaram Manikandan and others.