Switch Mobility

Chennai, India Founded: 1985 • Age: 41 yrs
Switch Mobility is engaged in manufacturing electric vehicles globally.

About Switch Mobility

Switch Mobility is a Transportation, Automotive & Logistics company based in Chennai (India) founded in 1985. Switch Mobility is engaged in manufacturing electric vehicles globally. It operates on a Direct-to-Consumer (D2C) and Mobility-as-a-Service model. Switch Mobility has raised $18 million across 1 funding round from investors including Dana. Its chief executive is Mahesh Babu. Its website switchmobilityev.com draws about 19 thousand monthly visits. Its Indian entity Switch Mobility Automotive Limited reported revenue of ₹929 Cr. Switch Mobility offers products and services including SWITCH EiV Series and SWITCH IeV Series. Its focus areas include Automotive, Electric Vehicles and Commercial Electric Vehicles. Its competitors include Infraprime Logistics Technologies, Motovolt, Olectra, Greaves Electric Mobility and Lords Automative and 1 more; 4 of its 6 listed competitors have raised funding.

Company details

Switch Mobility, part of the Hinduja Group, is recognized as a global leader in electric mobility. The company is focused on the production of electric buses and light commercial vehicles for urban and intercity transport. Solutions are developed through the collaboration of Ashok Leylands engineering expertise and Optares innovative design. Over 2,000 electric vehicles have been deployed worldwide by the company, contributing to sustainable transport with more than 150 million green kilometers covered. State-of-the-art manufacturing facilities are utilized to ensure quality and innovation in zero-emission commercial mobility products.

Key Metrics
  • Annual Revenue
    ₹929 Cr

    FY 2025 · +117% YoY

  • Net Loss
    -₹62.24 Cr

    FY 2025 · -7% margin

  • EBITDA
    ₹71.78 Cr

    FY 2025 · 8% margin

  • Total Equity Funding
    $18M (USD)

    in 1 rounds

  • Latest Funding Round
    $18M (USD), Series B

    Jul 2021

  • Investors

Products & Services of Switch Mobility

Switch Mobility offers a comprehensive portfolio of products and services, including SWITCH EiV Series and SWITCH IeV Series.

SWITCH EiV Series
Electric Buses

Electric buses are manufactured for urban transport solutions.

SWITCH IeV Series
Electric Light Commercial Vehicles

Electric LCVs are designed for efficient commercial transport.

Apps and channels of Switch Mobility

its YouTube channel Switch Mobility has 1.59K subscribers.

Switch Mobility
YouTube 1.59K subscribers Autos & Vehicles
Open channel

Funding Insights of Switch Mobility

Switch Mobility has successfully raised a total of $18M through 1 strategic funding round. The most recent funding activity was a Series B round of $18 million completed in July 2021. 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 $18M
  • Total Rounds 1
  • Last Round Series B — $18M
  • First Round $18M

    (Jul 2021)

  • Investors Count 1

All 1 funding rounds of Switch Mobility with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2021$18MSeries B–Dana
–
Valuation history

1 investors in total: 1 institutional.

Investors in Switch Mobility

Switch Mobility has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Dana.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Driveline technologies and components for electrified light vehicles are supplied.
1904dana.comMaumee, United States
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Investor details for Switch Mobility

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Board of directors of Switch Mobility Automotive Limited (Switch Mobility)

Switch Mobility Automotive Limited is the primary company behind Switch Mobility. The board of Switch Mobility Automotive Limited currently have 6 directors; the longest-serving is Gopal Mahadevan, appointed in 2020. 12 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Gopal Mahadevan
DIN 01746102
Director28 Dec 20205 yrs 9 moSwitch Mobility Automotive Limited
Venkataramani Sumantran
DIN 02153989
Director04 Apr 20224 yrs 6 moSwitch Mobility Automotive Limited
Manju Agarwal
DIN 06921105
Director04 Apr 20224 yrs 6 moSwitch Mobility Automotive Limited
Dheeraj Gopichand Hinduja
DIN 00133410
Director04 Apr 20224 yrs 6 moSwitch Mobility Automotive Limited
Aditya Sapru
DIN 00501437
Director18 Jul 20224 yrs 3 moSwitch Mobility Automotive Limited
Shanmuga Sundaram Ganeshmani
DIN 08791458
CEO01 Sep 20251 yr 1 moSwitch Mobility Automotive Limited

People of Switch Mobility

88 people are tracked at Switch Mobility (30 in leadership, 58 in team).

NameRoleGroup
Mahesh Babu
CEOLeadership
Ganapathy Sadatcharam
Deputy General Manager Program - Platform HeadLeadership
Madhu Thirutheri
Head Of Legal(india)Leadership
Sukanta Sahu
Head - Bus Sales & MktgLeadership
Ganesh Mani S
Chief Executive OfficerLeadership
Dheeraj Vp
Head - Field ServiceLeadership
Vinothkumar Ranganathan
Head - Product Planning And StrategyLeadership
Pushkar Sinha
Head Sales E-lcv’sLeadership
Manikandan Ramalingam
Head - HRBP & Total RewardsLeadership
Gopi Sankar M
Chief Technology OfficerLeadership
Shunmugavel H
Chief Of Operations - IndiaLeadership
Sreenivasulu Reddy
Head, Simulations And AnalyticsLeadership
Gurusaran Singh
Head - Strategic Sourcing, Electric Vehicles-indiaLeadership
Eva Astrid José Driessen
President IberiaLeadership
Brahmaiah Poorimitla
Head Of IT & Dy CDOLeadership
Om Kumar
Head Advanced EngineeringLeadership
Sachin Mehra
Head Of Human ResourcesLeadership
Cmgr Rebecca Ward Assoc Cipd
Head Of HR Business PartneringLeadership
Anand Kumar (AK)
Head - Brand, Marketing & CommunicationsLeadership
Amitabh Srivastava
General Manager | CommercialLeadership

68 more people are available in the full profile.

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Financials of Switch Mobility

Figures of Switch Mobility Automotive Limited, the primary company behind Switch Mobility, for FY 2025. Revenue was ₹929 Cr (+117% year on year). Net loss was -₹62.24 Cr (-7% margin). EBITDA was ₹71.78 Cr (8% margin). Revenue has grown at a compounded annual rate of +504% over three years.

  • ₹929 CrRevenue · FY 2025 · +117% YoY
  • -₹62.24 CrNet loss · -7% margin
  • ₹71.78 CrEBITDA · 8% margin
  • ₹354 CrPaid-up capital
  • 284Employees (provident fund records)
  • +504%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Switch Mobility Automotive Limited are on its company page.

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Detailed financial statements for Switch Mobility

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Timeline of Switch Mobility

2 dated milestones of Switch Mobility across 36 years, from founding to its latest funding, stage changes and deals.

  1. Founded Switch Mobility is founded.
  2. Funding First funding round of $18.0M.

Competitors of Switch Mobility

Switch Mobility has 6 listed competitors in our database, 4 of them funded. They include Infraprime Logistics Technologies, Motovolt, Olectra, Greaves Electric Mobility and Lords Automative, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
infraprimelogistics.com2017Gurugram, India$5.62M34
Electric heavy-duty trucks are developed for logistics and construction sectors.
motovolt.co2019Kolkata, India$1.92M315
Electric bicycles with advanced features are developed by Motovolt.
olectra.com2000Hyderabad, India–688
Electric buses and transmission insulators are developed by Olectra.
greaveselectricmobility.com2008Bengaluru, India$226.32M1,551
Manufacturer of electric two and three-wheelers for personal and commercial use
lordsauto.com2020Mumbai, India–58
Manufacturer of electric scooters
vajramelectric.com2022Mumbai, India$3.37M77
Multi-category electric vehicles are manufactured and developed.
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Detailed competitors of Switch Mobility

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Web traffic of Switch Mobility

The website of Switch Mobility (switchmobilityev.com) receives about 19.5K visits a month and ranks #1,175,737 among all websites worldwide, #9,896 in Automotive Industry.

  • Monthly visits
    19.5K

    ▼ 29% vs previous month

  • Unique visitors
    13.2K

    per month

  • Global rank
    #1,175,737

    among all websites

  • Category rank
    #9,896

    Vehicles · Automotive Industry

Similar websites

Websites whose visitors overlap most with Switch Mobility. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
omegaseikimobility.com
100%
9.4K#2,577,696View details
ekamobility.com
88%
13.9K#1,760,506View details
motorfloor.com
84%
30.6K#704,669View details
cmv360.com
82%
–#697,876View details
motorindiaonline.in
79%
52.6K#464,349View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Top companies in Electric & Green Mobility

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

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric kick-scooters are rented through an app-based platform.
2017Miami, Florida, United StatesUSD 765 MUSD 244.66 M953
Electric kick-scooters are rented through an app-based platform.
2017San Francisco, California, United StatesUSD 1.4 B–2,813
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 2.14 M251
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
2013Bengaluru, Karnataka, IndiaUSD 502.02 MUSD 391.37 M1,917
App-based platform offering electric kick scooter rental services
2018Amsterdam, NetherlandsUSD 211.85 M––
Utility bill management platform is provided for tracking and billing.
2015London, England, United KingdomUSD 2.81 BUSD 17.62 K5,752
Electric vehicles are manufactured and developed by Polestar.
1996Goteborg, Vastra Gotaland, SwedenUSD 550 MUSD 3.06 B2,550
Electric buses and charging systems are manufactured for fleets.
2004Burlingame, California, United StatesUSD 857.79 MUSD 309.36 M418
Multi-category electric vehicles are manufactured for diverse applications.
1999Bedford, United StatesUSD 101.78 M––
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Related news about Switch Mobility

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Frequently Asked Questions about Switch Mobility

Switch Mobility was founded in 1985 and raised its 1st funding round 36 years after it was founded.

Switch Mobility is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Mahesh Babu is the current CEO of Switch Mobility.

Switch Mobility is a funded company, having raised a total of $18M across 1 funding round to date. The company's 1st funding round was a Series B of $18M, raised on Jul 2021.

The primary company behind Switch Mobility, Switch Mobility Automotive Limited, reported revenue of ₹929 Cr for FY 2025, up 117% year on year.

Switch Mobility, part of the Hinduja Group, is recognized as a global leader in electric mobility. The company is focused on the production of electric buses and light commercial vehicles for urban and intercity transport. Solutions are developed through the collaboration of Ashok Leylands engineering expertise and Optares innovative design. Over 2,000 electric vehicles have been deployed worldwide by the company, contributing to sustainable transport with more than 150 million green kilometers covered. State-of-the-art manufacturing facilities are utilized to ensure quality and innovation in zero-emission commercial mobility products.

Switch Mobility's top competitors include Infraprime Logistics Technologies, Greaves Electric Mobility and Olectra.

Switch Mobility offers SWITCH EiV Series and SWITCH IeV Series.

Switch Mobility has 1 investor. Key investors include Dana.

Switch Mobility operates through Switch Mobility Automotive Limited.

The legal entities of Switch Mobility currently have 11 directors, including Venkataramani Sumantran, Aditya Sapru, Manju Agarwal and others.

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