About VAAN
VAAN is a company based in Kochi (India) founded in 2019 by Jithu Sukumaran Nair. VAAN has raised $1.05 million across 4 funding rounds from investors including Asian Energy Services, Ashwin V and Uppilappatta C Unnikrishnan. The company has 1 employees as of March 28, 2024. VAAN operates in a competitive market with competitors including EMotorad, eBik, Hornback, GHM and Magnes, among others.
- Headquarter Kochi, India
- Employees 1 as on 28 Mar, 2024
- Founders Jithu Sukumaran Nair
- Stage Minicorn
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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 Vaan Electric Moto Private Limited
- Date of Incorporation 28 Mar, 2019
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$303.75 K (USD)-33.98as on Mar 31, 2024
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Net Profit
-$191.69 K (USD)-198.12as on Mar 31, 2024
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EBITDA
-$188.74 K (USD)-71.68as on Mar 31, 2024
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Total Equity Funding
$1.05 M (USD)
in 4 rounds
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Latest Funding Round
$12.09 K (USD), Angel Round
Aug 31, 2023
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Investors
Asian Energy Services
& 7 more
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Employee Count
1
as on Mar 28, 2024
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Funding Insights of VAAN
VAAN has successfully raised a total of $1.05M across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $12.09 thousand completed in August 2023. 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.
Investors in VAAN
VAAN has secured backing from 8 investors, including angel and institutional investors. Prominent investors backing the company include Asian Energy Services, Ashwin V and Uppilappatta C Unnikrishnan.
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Geophysical services are offered to the energy and minerals sector.
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Printed newspapers are published by Bennett, Coleman in India.
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Investor details for VAAN
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Investments & Acquisitions by VAAN
Investment portfolio details for VAAN
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Financial Statements - VAAN
Detailed financials for VAAN
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Vaan Comparisons
Peer comparison for VAAN
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Competitors of VAAN
VAAN 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, GHM and Magnes, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Electric bicycles and e-bikes are offered via an online platform.
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Electric bicycles are manufactured with features for pedal-assisted riding.
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Foldable electric bicycles are provided by Hornback platform.
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Electric bicycles are designed, manufactured, and sold by GHM.
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Electric bicycles and vehicles are manufactured in Mumbai, India.
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Detailed competitors of VAAN
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Vaan
Complete news archive for VAAN
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Frequently Asked Questions about VAAN
VAAN was founded in 2019 and raised its 1st funding round 2 years after it was founded.
VAAN is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.
VAAN is a funded company, having raised a total of $1.05M across 4 funding rounds to date.
As of Mar 28, 2024, the latest employee count at VAAN is 1.
Annual revenue of VAAN is $303.75K as on Mar 31, 2024.
VAAN was founded in 2019 and is based in Kochi, India, where electric bicycles are manufactured. Models feature a removable battery providing up to 60 km range, along with LCD displays, speed sensors, and pedal-assist systems. Operations focus on producing these e-bikes for urban mobility, with components integrated for efficiency and user control in the sustainable transportation sector.
VAAN has 8 investors. Key investors include Asian Energy Services, Ashwin V, Uppilappatta C Unnikrishnan, Vijayan Ka Likkot Valappil, and Hridai Antony.
The valuation of VAAN is $22.51M as of Aug 2023.