About SUN Mobility
SUN Mobility is a company based in Bengaluru (India) founded in 2017 by Ajay Goel, Uday Khemka, and Chetan Maini. SUN Mobility has raised $50 million across 4 funding rounds from investors including Bosch, cKers Finance and Vitol. The company has 473 employees as of May 31, 2025. SUN Mobility operates in a competitive market with competitors including Battery Smart, Esmito, Batterypool, Swapp Design and Mooving, among others.
- Headquarter Bengaluru, India
- Employees 473 as on 31 May, 2025
- Founders Ajay Goel, Uday Khemka, Chetan Maini
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
$11.48 M (USD)160as on Mar 31, 2024
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Net Profit
-$35.34 M (USD)-23as on Mar 31, 2024
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EBITDA
-$27.78 M (USD)1as on Mar 31, 2024
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Total Equity Funding
$50 M (USD)
in 4 rounds
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Latest Funding Round
Not available
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Investors
Bosch
& 3 more
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Employee Count
473
as on May 31, 2025
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Funding Insights of SUN Mobility
SUN Mobility has successfully raised a total of $50M across 4 strategic funding rounds. 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 SUN Mobility
SUN Mobility has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Bosch, cKers Finance and Vitol.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are managed across multiple sectors by Helios.
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Oil processing, storage, and shipping services are provided globally.
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Mobility solutions, home appliances, and industrial products are provided globally.
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Investor details for SUN Mobility
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Investments & Acquisitions by SUN Mobility
Investment portfolio details for SUN Mobility
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Financial Statements - SUN Mobility
Detailed financials for SUN Mobility
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Sun Mobility Comparisons
Peer comparison for SUN Mobility
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of SUN Mobility
SUN Mobility 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 Battery Smart, Esmito, Batterypool, Swapp Design and Mooving, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of EV battery-swapping network
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Saas & IoT enabled battery management products and solutions for electric vehicles
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Battery rental and swapping services for electric vehicles are offered.
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Battery swapping solutions for EV charging station operators
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Battery swapping solutions are provided for electric vehicles in India.
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Detailed competitors of SUN Mobility
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Latest news on Sun Mobility
Complete news archive for SUN Mobility
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Frequently Asked Questions about SUN Mobility
SUN Mobility was founded in 2017 and raised its 1st funding round 3 years after it was founded.
SUN Mobility is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ajay Goel is the current CEO of SUN Mobility. They have also founded this company.
SUN Mobility is a funded company, having raised a total of $50M across 4 funding rounds to date.
As of May 31, 2025, the latest employee count at SUN Mobility is 473.
Annual revenue of SUN Mobility is $11.48M as on Mar 31, 2024.
Founded in 2017 and based in Bengaluru, India, SUN Mobility operates in the electric vehicle sector. Universal energy infrastructure and services are delivered to support mass EV adoption. Battery ownership is separated from vehicles through an energy-as-a-service model. Smart batteries and quick interchange stations are deployed for two-wheelers and heavy commercial vehicles. Operations focus on scalable solutions to address costs and range limitations.
SUN Mobility's top competitors include Battery Smart, Batterypool and Esmito.
SUN Mobility has 4 investors. Key investors include Bosch, cKers Finance, Vitol, and Helios Investment Partners.