Tadpole Projects

Delhi, India Founded: 2020 • Age: 6 yrs Minicorn
Vintage and classic cars are retrofitted into electric vehicles.

About Tadpole Projects

Tadpole Projects is a Transportation, Automotive & Logistics company based in Delhi (India) founded in 2020 by Jawaad Khan. It operates as a vintage and classic cars are retrofitted into electric vehicles. Tadpole Projects has raised $534.94 thousand across 5 funding rounds from investors including Alstom, Lepton Software and NSRCEL. The company has 1 employees. Tadpole Projects was last valued at $2.38 million in October 2023. Its Indian entity Tadpole Projects Private Limited reported revenue of β‚Ή61.5 Lakh. Tadpole Projects offers products and services including EV Kit, Custom Batteries, and GYPSY. Its focus areas include Energy Tech, Electric Vehicles, Conversion Kits and Cars. Its competitors include Nettoyer Automotives, Electrine Ingenum and Hymotiv.

Company details

Tadpole Projects was founded in 2020 in Delhi, India, within the electric vehicle sector. Retrofitting services for vintage and classic cars are provided to convert them into electric models, avoiding the addition of new vehicles to roads. Operations include electric vehicle integration, charging infrastructure, and lithium-ion battery swapping. These activities are centered in India, supporting sustainable mobility transitions.

  • Headquarters Delhi, India
  • Employees 1
  • Founders Jawaad Khan
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website tadpoleprojects.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Tadpole Projects Private Limited
  • Date of Incorporation 29 Aug, 2020
  • Jurisdiction Bhaderwah, Jammu and Kashmir, India
Key Metrics
  • Annual Revenue
    ₹61.5 Lakh

    FY 2024 · -27% YoY

  • Net Loss
    -₹47,512

    FY 2024

  • EBITDA
    ₹3.4 Lakh

    FY 2024 · 6% margin

  • Total Equity Funding
    $534.94K (USD)

    in 5 rounds

  • Latest Funding Round
    $164.38K (USD), Seed

    Dec 2024

  • Investors
    Alstom

    & 5 more

  • Employee Count
    1

Products & Services of Tadpole Projects

Tadpole Projects offers a comprehensive portfolio of products and services, including EV Kit, Custom Batteries, and GYPSY.

EV Kit
Electric Vehicle Conversion

Converts vehicles to electric without changing transmission for easy setup

Custom Batteries
Energy Storage

Tailor-fit batteries for various vehicles to meet energy needs

GYPSY
Motor Systems

Motors for electric vehicle conversions with power ranging from 1KW to 37KW

Funding Insights of Tadpole Projects

Tadpole Projects has successfully raised a total of $534.94K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $164.38 thousand completed in December 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 $534,939
  • Total Rounds 5
  • Last Round Seed β€” $164,384
  • First Round $26,873

    (Jul 2021)

  • Investors Count 6

All 5 funding rounds of Tadpole Projects with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2024$164,384Seed–FITT
Oct 2023$48,072Seed$2.38M–
May 2023–Grant––
May 2022$295,610Seed$1.27M–
Jul 2021$26,873Seed$‒‒‒‒‒–
–
Valuation history
DateValuationStage
Oct 2023$2.38Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2022$1.27Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.38M (Oct 2023). 6 investors in total: 5 institutional and 1 angel.

Investors in Tadpole Projects

Tadpole Projects has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Alstom, Lepton Software and NSRCEL.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Incubation and support services for startups in technology, innovation, and social impact in India.
2000nsrcel.orgBengaluru, India
-
–fitt-iitd.in-
Location-based analytics and intelligence solutions are provided to multiple industries.
1994leptonsoftware.comGurugram, India
Hardware products and services for the railway sector are supplied.
1928alstom.comSaint Ouen, France
-
–sidbi.in-

Chaitanya Shashwat

-
–unknown_0594946daa5043678-
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Investor details for Tadpole Projects

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Board of directors of Tadpole Projects Private Limited (Tadpole Projects)

Tadpole Projects Private Limited is the primary company behind Tadpole Projects. The board of Tadpole Projects Private Limited currently have 3 directors; the longest-serving is Mohd Jawaad Khan, appointed in 2020.

DirectorDesignationAppointedTenureEntity
Mohd Jawaad Khan
DIN 08617147
Director29 Aug 20206 yrs 1 moTadpole Projects Private Limited
Mohd Usman Khan
DIN 08854583
Director29 Aug 20206 yrs 1 moTadpole Projects Private Limited
Vikram Singh
DIN 10671644
Whole-time director30 Sep 20242 yrsTadpole Projects Private Limited

People of Tadpole Projects

1 people are tracked at Tadpole Projects (1 in leadership); the tracked headcount is 1.

NameRoleGroup
FounderLeadership
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Financials of Tadpole Projects

Figures of Tadpole Projects Private Limited, the primary company behind Tadpole Projects, for FY 2024. Revenue was ₹61.5 Lakh (-27% year on year). Net loss was -₹47,512. EBITDA was ₹3.4 Lakh (6% margin). Revenue has grown at a compounded annual rate of +14% over three years.

  • ₹61.5 LakhRevenue · FY 2024 · -27% YoY
  • -₹47,512Net loss
  • ₹3.4 LakhEBITDA · 6% margin
  • ₹1 LakhPaid-up capital
  • +14%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Tadpole Projects Private Limited are on its company page.

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Detailed financial statements for Tadpole Projects

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Timeline of Tadpole Projects

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

  1. Founded Tadpole Projects is founded.
  2. Funding First funding round of $27K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $164K.

Competitors of Tadpole Projects

Tadpole Projects has 3 listed competitors in our database. They include Nettoyer Automotives, Electrine Ingenum and Hymotiv, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
nettoyerautomotives.in2019Pune, India––
Electric conversion kits for motorcycles are manufactured by Nettoyer Automotives.
electrineingenum.com2019Bengaluru, India––
Electronic design agency specializing in power supplies, embedded systems and prototyping services.
hymotiv.com2019Kochi, India––
Develops innovative electrification kits, in-wheel hub motors, drivetrains, and electrolysers.
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Detailed competitors of Tadpole Projects

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Web traffic of Tadpole Projects

The website of Tadpole Projects (tadpoleprojects.com) receives about 1K visits a month.

  • Monthly visits
    1K

Top companies in Electric & Green Mobility

10 companies that operate in the same segment as Tadpole Projects (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 765.74 M––
Electric kick-scooters are rented through an app-based platform.
2017San Francisco, California, United StatesUSD 1.71 B––
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 502.15 MUSD 391.37 M1,620
App-based platform offering electric kick scooter rental services
2018Amsterdam, NetherlandsUSD 211.85 M––
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 M1,247
Multi-category electric vehicles are manufactured for diverse applications.
1999Bedford, United StatesUSD 101.78 M––
Autonomous aerial vehicles are provided for consumer and commercial uses.
2014Guangzhou, Guangdong, ChinaUSD 94 MUSD 58.15 M483
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Related news about Tadpole Projects

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Frequently Asked Questions about Tadpole Projects

Tadpole Projects was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Tadpole Projects is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Tadpole Projects is a funded company, having raised a total of $534.94K across 5 funding rounds to date. The company's 1st funding round was a Seed of $26.87K, raised on Jul 2021.

Tadpole Projects has 1 employees.

The primary company behind Tadpole Projects, Tadpole Projects Private Limited, reported revenue of β‚Ή61.5 Lakh for FY 2024, down 27% year on year.

Tadpole Projects was founded in 2020 in Delhi, India, within the electric vehicle sector. Retrofitting services for vintage and classic cars are provided to convert them into electric models, avoiding the addition of new vehicles to roads. Operations include electric vehicle integration, charging infrastructure, and lithium-ion battery swapping. These activities are centered in India, supporting sustainable mobility transitions.

Tadpole Projects's top competitors include Nettoyer Automotives, Electrine Ingenum and Hymotiv.

Tadpole Projects offers EV Kit, Custom Batteries, and GYPSY.

Tadpole Projects has 6 investors. Key investors include Alstom, Lepton Software, NSRCEL, Chaitanya Shashwat, and FITT.

The valuation of Tadpole Projects is $2.38M as of Oct 2023.

Tadpole Projects operates through Tadpole Projects Private Limited.

The legal entities of Tadpole Projects currently have 3 directors, including Mohd Jawaad Khan, Vikram Singh, Mohd Usman Khan.

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