About Svitch
Svitch is a company based in Ahmedabad (India) founded in 2018 by Chintan Khatri and Rajkumar Patel.. Svitch operates in a competitive market with competitors including EMotorad, eBik, Hornback, VAAN and GHM, among others.
- Headquarter Ahmedabad, India
- Founders Chintan Khatri, Rajkumar Patel
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Svitch Energy Private Limited
- Date of Incorporation 25 Jun, 2019
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$1.6 M (USD)18.5as on Mar 31, 2024
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Net Profit
$87.53 K (USD)154.96as on Mar 31, 2024
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EBITDA
$145.35 K (USD)-0.91as on Mar 31, 2024
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Funding Insights of Svitch
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Svitch
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Svitch
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Svitch Comparisons
Competitors of Svitch
Svitch 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 EMotorad, eBik, Hornback, VAAN and GHM, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Electric bicycles and e-bikes are offered via an online platform.
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| domain | founded_year | HQ Location |
Electric bicycles are manufactured with features for pedal-assisted riding.
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| domain | founded_year | HQ Location |
Foldable electric bicycles are provided by Hornback platform.
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| domain | founded_year | HQ Location |
Electric bicycles with removable batteries are manufactured by VAAN.
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| domain | founded_year | HQ Location |
Electric bicycles are designed, manufactured, and sold by GHM.
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| domain | founded_year | HQ Location |
Electric bicycles and vehicles are manufactured in Mumbai, India.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Svitch
Frequently Asked Questions about Svitch
When was Svitch founded?
Svitch was founded in 2018.
Where is Svitch located?
Svitch is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
What is the annual revenue of Svitch?
Annual revenue of Svitch is $1.6M as on Mar 31, 2024.
What does Svitch do?
Svitch was established in 2018 in Ahmedabad, India, within the electric mobility sector. Foldable electric bicycles are designed and produced, focusing on portability and ease of use for recreational and commuting purposes. Accessories, including spare parts and apparel, are provided to support product maintenance and user needs. Operations are facilitated through a network of dealers handling sales and after-sales service across regions.