Stiger EV

Pune, India Founded: 2020 • Age: 6 yrs Minicorn
Platform offering commercial electric vehicles for last-mile delivery

About Stiger EV

Stiger EV is a Transportation, Automotive & Logistics company based in Pune (India) founded in 2020 by Aditya Puppala and Gayatri Jadhav. Platform offering commercial electric vehicles for last-mile delivery. Stiger EV has raised $892.75 thousand across 4 funding rounds from investors including Sachin Tikekar, Kishor Patil and Dcfagrotechandadvisory. Stiger EV was last valued at $10.31 million in May 2023. Its chief executive, as recorded, is Gayatri Jadhav. Its focus areas include Consumer, Logistics Tech, Parcel and Electric Delivery Vehicles. Its legal entity in India is Speedloop Auto Private Limited (U72900TN2020PTC135204). Its competitors include TI Clean Mobility, 3evi and ETO Motors; 3 of its 3 listed competitors have raised funding.

Company details

Stiger EV was founded in 2020 in Pune, India, as a platform focused on commercial electric vehicles for last-mile delivery. Operations center on supplying vehicles to logistics providers for intracity transport. Sustainable transportation solutions are integrated to support urban delivery processes. The sector addressed includes electric mobility within the logistics industry, with services tailored to bridge traditional and eco-friendly methods.

Key Metrics
  • Total Equity Funding
    $892.75K (USD)

    in 4 rounds

  • Latest Funding Round
    $26.51K (USD), Angel Round

    Aug 2024

Funding Insights of Stiger EV

Stiger EV has successfully raised a total of $892.75K across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $26.51 thousand completed in August 2024. 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 $892,747
  • Total Rounds 4
  • Last Round Angel Round β€” $26,514
  • First Round $446,700

    (Mar 2022)

  • Investors Count 8

All 4 funding rounds of Stiger EV with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2024$26,514Angel Round–Vinod K Dasari
Dec 2023$299,232Seed–Dcfagrotechandadvisory
May 2023$120,300Angel Round$10.31MSachin Tikekar, Kishor Patil
–
Mar 2022$446,700Seed$10.28MDcfagrotechandadvisory, Vinod K Dasari
Valuation history
DateValuationStage
May 2023$10.31Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2022$10.28Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $10.31M (May 2023). 8 investors in total: 1 institutional and 7 angel.

Investors in Stiger EV

Stiger EV has secured backing from 8 investors, including angel and institutional investors. Prominent investors backing the company include Sachin Tikekar, Kishor Patil and Dcfagrotechandadvisory.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation

Sachin Tikekar

unknown_1dbe3efe06c44e62b

Kishor Patil

Co-founder of Quick Heal, prominent angel investor in Indian startups
unknown_ff2a075c0eb34ebeb

Vinod K Dasari

unknown_0b3c20558f7d4190b

Sriram Sankaran

Angel investor, ex-Google, focused on tech startups in India
unknown_b2bad38cff0b4553a

Rohan Cherian

unknown_6b5a5b1549c640e9a

Sriram Sankaran

unknown_09da63e3551a415b9

Rohan Cherian

unknown_a11872e241a14b218
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Investor details for Stiger EV

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Speedloop Auto Private Limited (Stiger EV)

Speedloop Auto Private Limited is the primary company behind Stiger EV. The board of Speedloop Auto Private Limited currently have 2 directors; the longest-serving is Gayatri Kailas Jadhav, appointed in 2020.

DirectorDesignationAppointedTenureEntity
Gayatri Kailas Jadhav
DIN 08736542
Director22 Apr 20206 yrs 6 moSpeedloop Auto Private Limited
Hanuma Aditya Naga Sai Santosh Puppala
DIN 08736553
Director22 Apr 20206 yrs 6 moSpeedloop Auto Private Limited

People of Stiger EV

2 people are tracked at Stiger EV (2 in leadership).

NameRoleGroup
Co-Founder & CTOLeadership
Co-Founder & CEOLeadership
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Complete people profiles for Stiger EV

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Stiger EV

4 dated milestones of Stiger EV across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Stiger EV is founded.
  2. Funding First funding round of $447K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $27K.

Competitors of Stiger EV

Stiger EV has 3 listed competitors in our database, 3 of them funded. They include TI Clean Mobility, 3evi and ETO Motors.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
2022Chennai, India$519.2M530
Electric three-wheelers are designed, manufactured, and marketed for passenger transport.
3evi.com2019Bengaluru, India$24.64M250
Three-wheel electric vehicles are manufactured along with hyper-local connectivity services.
etomotors.com2018Hyderabad, India$15.2M109
Online platform offering electric vehicles and fleet management solutions
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Detailed competitors of Stiger EV

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Electric & Green Mobility

3 companies that operate in the same segment as Stiger EV (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric ride-hailing and cab services are provided via mobile app.
2019Mumbai, Maharashtra, IndiaUSD 168.52 M
Shared electric two-wheelers are rented via an online platform.
2017Bengaluru, Karnataka, IndiaUSD 187.54 MUSD 37.93 M401
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
2013Bengaluru, Karnataka, IndiaUSD 502.02 MUSD 407.47 M1,917
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Frequently Asked Questions about Stiger EV

Stiger EV was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Stiger EV is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Gayatri Jadhav is the CEO of Stiger EV, as recorded in our data. They have also founded this company.

Stiger EV is a funded company, having raised a total of $892.75K across 4 funding rounds to date. The company's 1st funding round was a Seed of $446.7K, raised on Mar 2022.

Stiger EV was founded in 2020 in Pune, India, as a platform focused on commercial electric vehicles for last-mile delivery. Operations center on supplying vehicles to logistics providers for intracity transport. Sustainable transportation solutions are integrated to support urban delivery processes. The sector addressed includes electric mobility within the logistics industry, with services tailored to bridge traditional and eco-friendly methods.

Stiger EV's top competitors include ETO Motors, TI Clean Mobility and 3evi.

Stiger EV has 8 investors. Key investors include Sachin Tikekar, Kishor Patil, Dcfagrotechandadvisory, Vinod K Dasari, and Sriram Sankaran.

The valuation of Stiger EV is $10.31M as of May 2023.

Stiger EV operates through Speedloop Auto Private Limited.

The legal entities of Stiger EV currently have 2 directors, including Gayatri Kailas Jadhav, Hanuma Aditya Naga Sai Santosh Puppala.

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