About Tru E Bikes
Tru E Bikes is a Transportation, Automotive & Logistics company based in Ludhiana (India) founded in 2020. It manufactures high-quality electric two-wheelers in various categories. It operates on a B2C model. Its Indian entity Tru E Bikes Private Limited reported revenue of ₹20.96 Cr. Its focus areas include Manufacturing, Automotive, Electric Vehicles and Two-Wheelers. Its competitors include EMotorad, eBik, Hornback, VAAN and GHM and 5 more; 6 of its 10 listed competitors have raised funding.
Company details
Tru E Bikes, founded in 2020 in Ludhiana, India, focuses on producing manufactured goods, dealing with automotive parts, developing electric vehicles, and two-wheelers. Manufactures high-quality electric two-wheelers in various categories. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Ludhiana, India
- SectorsTransportation, Automotive & Logistics
- Website tru-ebikes.com
- Legal Name Tru E Bikes Private Limited
- Date of Incorporation 09 Nov, 2020
- Jurisdiction Ludhiana, Punjab, India
- Annual Revenue₹20.96 Cr
FY 2025 · +191% YoY
- Net Profit₹18.5 Lakh
FY 2025 · 1% margin
- EBITDA₹54.3 Lakh
FY 2025 · 3% margin
Associated legal entities of Tru E Bikes
Tru E Bikes operates through Tru E Bikes Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tru E Bikes Private Limited CIN U28100PB2020PTC052264 | Active | 09 Nov 2020 | Ludhiana, Punjab | ₹21.0 Cr | 6 | 5 | View details |
Board of directors of Tru E Bikes Private Limited (Tru E Bikes)
Tru E Bikes Private Limited is the primary company behind Tru E Bikes. The board of Tru E Bikes Private Limited currently have 5 directors; the longest-serving is Rohini Sharma, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rohini Sharma DIN 07795441 | Director | 09 Nov 2020 | 5 yrs 11 mo | Tru E Bikes Private Limited |
| Shaveta Arora DIN 07098187 | Director | 09 Nov 2020 | 5 yrs 11 mo | Tru E Bikes Private Limited |
| Sunil Sharma DIN 09630212 | Director | 09 Aug 2023 | 3 yrs 2 mo | Tru E Bikes Private Limited |
| Ritesh Arora DIN 09630151 | Director | 09 Aug 2023 | 3 yrs 2 mo | Tru E Bikes Private Limited |
| Vivek Khajuria DIN 10192283 | Director | 09 Aug 2023 | 3 yrs 2 mo | Tru E Bikes Private Limited |
Financials of Tru E Bikes
Figures of Tru E Bikes Private Limited, the primary company behind Tru E Bikes, for FY 2025. Revenue was ₹20.96 Cr (+191% year on year). Net profit was ₹18.5 Lakh (1% margin). EBITDA was ₹54.3 Lakh (3% margin). Revenue has grown at a compounded annual rate of +1584% over three years.
- ₹20.96 CrRevenue · FY 2025 · +191% YoY
- ₹18.5 LakhNet profit · 1% margin
- ₹54.3 LakhEBITDA · 3% margin
- ₹10.2 LakhPaid-up capital
- 6Employees (provident fund records)
- +1584%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Tru E Bikes Private Limited are on its company page.
Detailed financial statements for Tru E Bikes
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Tru E Bikes
Tru E Bikes has 10 listed competitors in our database, 6 of them funded. They include EMotorad, eBik, Hornback, VAAN and GHM, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| emotorad.com | 2020 | Pune, India | $28.17M | 197 | Electric bicycles and e-bikes are offered via an online platform. | |
| ebik.in | 2017 | Delhi, India | $529,940 | – | Electric bicycles are manufactured with features for pedal-assisted riding. | |
| hornback.bike | 2022 | Hyderabad, India | $428,580 | 41 | Foldable electric bicycles are provided by Hornback platform. | |
| vaanmoto.com | 2019 | Kochi, India | $1.05M | – | Electric bicycles with removable batteries are manufactured by VAAN. | |
| ghmev.com | 2018 | Hyderabad, India | $724,512 | – | Electric bicycles are designed, manufactured, and sold by GHM. | |
| magnes.in | 2016 | Mumbai, India | – | – | Electric bicycles and vehicles are manufactured in Mumbai, India. | |
| svitch.bike | 2018 | Ahmedabad, India | – | – | Premium foldable electric bicycles and accessories are manufactured. | |
| austhraa.com | 2020 | Visakhapatnam, India | – | – | Electric bicycles are manufactured by Austhraa with advanced features. | |
| virtusmotors.in | 2016 | Hyderabad, India | $37,580 | – | Electric two-wheelers are manufactured with lithium batteries and advanced features. | |
| herolectro.com | 2020 | Gurugram, India | – | 2,065 | Offers electric bicycles, cargo e-bikes, and accessories for daily transportation. |
Detailed competitors of Tru E Bikes
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Two Wheeler Rental Services
10 companies that operate in the same segment as Tru E Bikes (Two Wheeler Rental Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Financial services encompassing loans, investments, and insurance are delivered in India. | 1979 | Mumbai, Maharashtra, India | – | USD 1.94 B | – | |
Operates a free-float bicycle rental platform for urban mobility. | 2014 | Beijing, Beijing, China | USD 1.87 B | – | 437 | |
Manufactures and markets retro-inspired motorcycles with modern features. | 1929 | Pune, Maharashtra, India | – | USD 83.25 M | 100 | |
E-bike rental services are provided for delivery workers by Whizz. | 2022 | New York, New York, United States | USD 15.4 M | – | – | |
Offers bike listings, prices, reviews, and comparisons for consumers. | 2012 | Mumbai, Maharashtra, India | – | – | – | |
Manufactures electric two-wheelers and three-wheelers for personal and commercial use in India. | 1980 | Delhi, Delhi, India | – | USD 44.57 M | 272 | |
Produces electric scooters and bikes for eco-friendly transportation solutions. | 2016 | Nashik, Maharashtra, India | – | USD 11.43 M | 21 | |
Manufactures electric rickshaws and two-wheelers for sustainable transportation in India. | 2011 | Delhi, Delhi, India | – | USD 46.34 M | 85 | |
Provides online on-demand motorbike rental services for convenient urban mobility. | 2015 | Hyderabad, Telangana, India | USD 673.64 K | USD 282.23 K | 15 | |
Offers a platform for aggregating local and outstation cab services. | 2008 | Dehradun, Uttarakhand, India | – | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Tru E Bikes
Tru E Bikes was founded in 2020.
Tru E Bikes is headquartered in Ludhiana, India. It is registered at Ludhiana, Punjab, India.
The primary company behind Tru E Bikes, Tru E Bikes Private Limited, reported revenue of ₹20.96 Cr for FY 2025, up 191% year on year.
Tru E Bikes, founded in 2020 in Ludhiana, India, focuses on producing manufactured goods, dealing with automotive parts, developing electric vehicles, and two-wheelers. Manufactures high-quality electric two-wheelers in various categories. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Tru E Bikes operates through Tru E Bikes Private Limited.
The legal entities of Tru E Bikes currently have 5 directors, including Rohini Sharma, Shaveta Arora, Sunil Sharma and others.