About Stripes Motors
Stripes Motors is a Transportation, Automotive & Logistics company based in Guwahati (India) founded in 2019, and was acquired by e-Ashwa Automotive in July 2022. Its Indian entity Stripes Motors Private Limited reported revenue of ₹66.6 Lakh. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Two Wheelers. Its competitors include Ola Electric, Ather Energy and Hero Electric; 3 of its 3 listed competitors have raised funding.
Company details
Manufacturer of electric scooters. The company is involved in the design and development of electric scooters that include features like portable batteries, different categories, and more.
- Headquarters Guwahati, India
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website stripesmotors.com
- Acquired by e-Ashwa Automotive (Jul 2022)
- Legal Name Stripes Motors Private Limited
- Date of Incorporation 22 Feb, 2018
- Jurisdiction Guwahati, Assam, India
- Annual Revenue₹66.6 Lakh
FY 2020 · +854% YoY
- Net Loss-₹1.3 Lakh
FY 2020 · -2% margin
- EBITDA₹1.1 Lakh
FY 2020 · 2% margin
- Investors
- Acquired bye-Ashwa Automotive
(Jul 2022)
Associated legal entities of Stripes Motors
Stripes Motors operates through Stripes Motors 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 |
|---|---|---|---|---|---|---|---|
| Stripes Motors Private Limited CIN U34100AS2018PTC018359 | Active | 22 Feb 2018 | Guwahati, Assam | ₹0.7 Cr | 4 | View details |
Investors in Stripes Motors
Stripes Motors has secured backing from 1 investor. Prominent investors backing the company include e-Ashwa Automotive.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Produces high-quality multi-category electric vehicles. | 2018 | eashwa.com | Ghaziabad, India |
Investor details for Stripes Motors
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Board of directors of Stripes Motors Private Limited (Stripes Motors)
Stripes Motors Private Limited is the primary company behind Stripes Motors. The board of Stripes Motors Private Limited currently have 4 directors; the longest-serving is Saiful Islam Kazi, appointed in 2018. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Saiful Islam Kazi DIN 08056803 | Director | 22 Feb 2018 | 8 yrs 8 mo | Stripes Motors Private Limited |
| Najni Parrveen DIN 08056749 | Director | 22 Feb 2018 | 8 yrs 8 mo | Stripes Motors Private Limited |
| Abhinav Badola DIN 10171695 | Director | 23 Sep 2025 | 1 yr 1 mo | Stripes Motors Private Limited |
| Reena Pal DIN 07911515 | Director | 23 Sep 2025 | 1 yr 1 mo | Stripes Motors Private Limited |
People of Stripes Motors
1 people are tracked at Stripes Motors (1 in leadership).
| Name | Role | Group |
|---|---|---|
Saif Kazi | Managing Director | Leadership |
Complete people profiles for Stripes Motors
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Financials of Stripes Motors
Figures of Stripes Motors Private Limited, the primary company behind Stripes Motors, for FY 2020. Revenue was ₹66.6 Lakh (+854% year on year). Net loss was -₹1.3 Lakh (-2% margin). EBITDA was ₹1.1 Lakh (2% margin).
- ₹66.6 LakhRevenue · FY 2020 · +854% YoY
- -₹1.3 LakhNet loss · -2% margin
- ₹1.1 LakhEBITDA · 2% margin
- ₹59.1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Stripes Motors Private Limited are on its company page.
Detailed financial statements for Stripes Motors
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Timeline of Stripes Motors
2 dated milestones of Stripes Motors across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Stripes Motors is founded.
- Exit Acquired by e-Ashwa Automotive.
Competitors of Stripes Motors
Stripes Motors has 3 listed competitors in our database, 3 of them funded. They include Ola Electric, Ather Energy and Hero Electric.
| 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. | |
| atherenergy.com | 2013 | Bengaluru, India | $502.02M | 1,755 | Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | |
| heroelectric.in | 2007 | Gurugram, India | $129.6M | 122 | Manufacturer offering electric scooters and mobility solutions |
Detailed competitors of Stripes Motors
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Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Stripes Motors (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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Related news about Stripes Motors
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Frequently Asked Questions about Stripes Motors
Stripes Motors was founded in 2019.
Stripes Motors is headquartered in Guwahati, India. It is registered at Guwahati, Assam, India.
The primary company behind Stripes Motors, Stripes Motors Private Limited, reported revenue of ₹66.6 Lakh for FY 2020, up 854% year on year.
Manufacturer of electric scooters. The company is involved in the design and development of electric scooters that include features like portable batteries, different categories, and more.
Stripes Motors's top competitors include Ather Energy, Ola Electric and Hero Electric.
Stripes Motors has 1 investor. Key investors include e-Ashwa Automotive.
Stripes Motors operates through Stripes Motors Private Limited.
Yes. Stripes Motors was acquired by e-Ashwa Automotive in July 2022.
The legal entities of Stripes Motors currently have 4 directors, including Saiful Islam Kazi, Najni Parrveen, Abhinav Badola and others.