About Terra Motors
Terra Motors is a company based in Kolkata (India) founded in 2010 by Toru Tokushige. It operates as a Direct-to-Consumer (D2C), Reseller / Distribution, and Mobility-as-a-Service. Terra Motors has raised $10 million across 1 funding round from investors including Fenox Venture Capital. The company has 144 employees as of April 09, 2024. Terra Motors offers products and services including E-Rickshaw, E-Auto, E-Cargo, Terra Finance, and Terra Charge. Terra Motors operates in a competitive market with competitors including TI Clean Mobility, 3evi, ETO Motors, Montra Electric and GMW, among others.
- Headquarter Kolkata, India
- Employees 144 as on 09 Apr, 2024
- Founders Toru Tokushige
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Terra Motors India
- Date of Incorporation 07 Jul, 2014
- Jurisdiction Kolkata, West Bengal, India
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Annual Revenue
$8.72 M (USD)-17.42as on Mar 31, 2021
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Net Profit
$-636.19 K (USD)-212.95as on Mar 31, 2021
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EBITDA
$-856.63 K (USD)-274.46as on Mar 31, 2021
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Series A
May 07, 2018
- Investors
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Employee Count
144
as on Apr 09, 2024
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Products & Services of Terra Motors
Terra Motors offers a comprehensive portfolio of products and services, including E-Rickshaw, E-Auto, E-Cargo, Terra Finance, and Terra Charge. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Electric rickshaws are provided for sustainable urban transport.
Electric autos are offered for eco-friendly passenger transport.
Electric cargo vehicles are designed for efficient goods transport.
Financing solutions are provided for electric vehicle purchases.
Charging solutions are developed for diverse EV needs.
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Funding Insights of Terra Motors
Terra Motors has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in May 2018. 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 Total Funding
- Total Rounds 1
- Last Round Series A — $10.0M
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First Round
First Round
(07 May 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Series A - Terra Motors | Valuation | Fenox Venture Capital |
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| 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 |
Investors in Terra Motors
Terra Motors has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Fenox Venture Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Global tech sector investments are managed by Fenox Venture Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Terra Motors
| 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 - Terra Motors
| 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 |
Terra Motors Comparisons
Competitors of Terra Motors
Terra Motors 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 TI Clean Mobility, 3evi, ETO Motors, Montra Electric and GMW, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Electric three-wheelers are designed, manufactured, and marketed for passenger transport.
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| domain | founded_year | HQ Location |
Three-wheel electric vehicles are manufactured along with hyper-local connectivity services.
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| domain | founded_year | HQ Location |
Online platform offering electric vehicles and fleet management solutions
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| domain | founded_year | HQ Location |
Electric three-wheelers are manufactured by Montra Electric in India.
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| domain | founded_year | HQ Location |
Platform offering electric mobility solutions
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| domain | founded_year | HQ Location |
Electric rickshaws are manufactured and developed by Atul Greentech.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Terra Motors
Frequently Asked Questions about Terra Motors
When was Terra Motors founded?
Terra Motors was founded in 2010 and raised its 1st funding round 8 years after it was founded.
Where is Terra Motors located?
Terra Motors is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Who is the current CEO of Terra Motors?
Akihiro Ueda is the current CEO of Terra Motors.
Is Terra Motors a funded company?
Terra Motors is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on May 07, 2018.
How many employees does Terra Motors have?
As of Apr 09, 2024, the latest employee count at Terra Motors is 144.
What is the annual revenue of Terra Motors?
Annual revenue of Terra Motors is $8.72M as on Mar 31, 2021.
What does Terra Motors do?
Terra Motors is involved in providing electric mobility solutions across India since 2014. The company focuses on sustainable transport through a range of electric vehicles including e-rickshaws, e-autos, and e-cargo vehicles. Additionally, financing options through Terra Finance and charging infrastructure via Terra Charge are offered to support the EV ecosystem. Operations span multiple states, targeting a greener future with Japanese technology. The automotive sector, particularly electric three-wheelers, is the primary focus, alongside efforts to build dealer networks and customer bases.
Who are the top competitors of Terra Motors?
Terra Motors's top competitors include ETO Motors, TI Clean Mobility and Atul Greentech.
What products or services does Terra Motors offer?
Terra Motors offers E-Rickshaw, E-Auto, E-Cargo, Terra Finance, and Terra Charge.
Who are Terra Motors's investors?
Terra Motors has 1 investor. Key investors include Fenox Venture Capital.