About Vaidyuthi Mobility
Vaidyuthi Mobility is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2021 by Rajkumar V K and Hari Vasudevan. Manufacturer of cargo electric three-wheelers. Vaidyuthi Mobility has raised $403.48 thousand across 2 funding rounds from investors including The Sg Jith Companies and Shashi Kumar Velath. The company has 1 employees. Vaidyuthi Mobility was last valued at $4.01 million in April 2022. Its Indian entity Vaidyuthi Mobility Private Limited reported revenue of ₹23.9 Lakh. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Commercial Vehicles. Its competitors include TI Clean Mobility, ETO Motors and 3evi; 3 of its 3 listed competitors have raised funding.
Company details
Vaidyuthi Mobility was founded in 2021 in Bengaluru, India, focusing on the electric vehicle sector. Cargo three-wheelers are developed and produced, incorporating lithium-ion batteries, two-passenger seating, and vehicle tracking systems. Operations center on sustainable mobility solutions for urban logistics, with manufacturing based in India to serve regional markets. Co-founders Rajkumar V K and Hari Vasudevan lead the companys efforts in electric three-wheeler innovation.
- Headquarters Bengaluru, India
- Employees 1
- Founders Rajkumar V K, Hari Vasudevan
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Website vaidyuthimobility.com
- Legal Name Vaidyuthi Mobility Private Limited
- Date of Incorporation 12 Apr, 2021
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹23.9 Lakh
FY 2024 · +27081% YoY
- Net Loss-₹1.57 Cr
FY 2024 · -657% margin
- EBITDA-₹1.49 Cr
FY 2024 · -624% margin
- Total Equity Funding$403.48K (USD)
in 2 rounds
- Latest Funding Round$159.4K (USD), Seed
Apr 2022
- Employee Count1
Associated legal entities of Vaidyuthi Mobility
Vaidyuthi Mobility operates through Vaidyuthi Mobility Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vaidyuthi Mobility Private Limited CIN U34300KA2021PTC146396 | Active | 12 Apr 2021 | Bangalore, Karnataka | ₹0.2 Cr | 3 | View details |
Funding Insights of Vaidyuthi Mobility
Vaidyuthi Mobility has successfully raised a total of $403.48K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $159.4 thousand completed in April 2022. 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 $403,477
- Total Rounds 2
- Last Round Seed — $159,396
- First Round $244,081
(Jul 2021)
- Investors Count 2
All 2 funding rounds of Vaidyuthi Mobility with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2022 | $159,396 | Seed | $4.01M | – | |
| Jul 2021 | $244,081 | Seed | $1.5M | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2022 | $4.01M | •••••••• |
| Jul 2021 | $1.5M | •••••••• |
Last known valuation $4.01M (Apr 2022). 2 investors in total: 1 institutional and 1 angel.
Investors in Vaidyuthi Mobility
Vaidyuthi Mobility has secured backing from 2 investors, including angel investors. Prominent investors backing the company include The Sg Jith Companies and Shashi Kumar Velath.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
SK Shashi Kumar Velath | unknown_aa56c5891aeb4df48 | |||
Investor details for Vaidyuthi Mobility
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Vaidyuthi Mobility Private Limited (Vaidyuthi Mobility)
Vaidyuthi Mobility Private Limited is the primary company behind Vaidyuthi Mobility. The board of Vaidyuthi Mobility Private Limited currently have 3 directors; the longest-serving is Hari Vasudevan, appointed in 2021. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hari Vasudevan DIN 00472549 | Director | 12 Apr 2021 | 5 yrs 6 mo | Vaidyuthi Mobility Private Limited |
| Rajkumar Kumaran Velath DIN 07624175 | Director | 03 Jan 2024 | 2 yrs 9 mo | Vaidyuthi Mobility Private Limited |
| Aamir Iftakhar DIN 00769125 | Additional Director | 10 Jun 2025 | 1 yr 4 mo | Vaidyuthi Mobility Private Limited |
People of Vaidyuthi Mobility
2 people are tracked at Vaidyuthi Mobility (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Rajkumar V K | Co-Founder | Leadership |
| Co-Founder | Leadership |
Complete people profiles for Vaidyuthi Mobility
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Vaidyuthi Mobility
Figures of Vaidyuthi Mobility Private Limited, the primary company behind Vaidyuthi Mobility, for FY 2024. Revenue was ₹23.9 Lakh (+27081% year on year). Net loss was -₹1.57 Cr (-657% margin). EBITDA was -₹1.49 Cr (-624% margin).
- ₹23.9 LakhRevenue · FY 2024 · +27081% YoY
- -₹1.57 CrNet loss · -657% margin
- -₹1.49 CrEBITDA · -624% margin
- ₹48.6 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Vaidyuthi Mobility Private Limited are on its company page.
Detailed financial statements for Vaidyuthi Mobility
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.
Timeline of Vaidyuthi Mobility
4 dated milestones of Vaidyuthi Mobility across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Vaidyuthi Mobility is founded.
- Funding First funding round of $244K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $159K.
Competitors of Vaidyuthi Mobility
Vaidyuthi Mobility has 3 listed competitors in our database, 3 of them funded. They include TI Clean Mobility, ETO Motors and 3evi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 2022 | Chennai, India | $519.2M | 530 | Electric three-wheelers are designed, manufactured, and marketed for passenger transport. | ||
| etomotors.com | 2018 | Hyderabad, India | $15.2M | 109 | Online platform offering electric vehicles and fleet management solutions | |
| 3evi.com | 2019 | Bengaluru, India | $24.64M | 250 | Three-wheel electric vehicles are manufactured along with hyper-local connectivity services. |
Detailed competitors of Vaidyuthi Mobility
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 Electric & Green Mobility
3 companies that operate in the same segment as Vaidyuthi Mobility (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 |
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 Vaidyuthi Mobility
Vaidyuthi Mobility was founded in 2021.
Vaidyuthi Mobility is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Vaidyuthi Mobility is a funded company, having raised a total of $403.48K across 2 funding rounds to date. The company's 1st funding round was a Seed of $244.08K, raised on Jul 2021.
Vaidyuthi Mobility has 1 employees.
The primary company behind Vaidyuthi Mobility, Vaidyuthi Mobility Private Limited, reported revenue of ₹23.9 Lakh for FY 2024, up 27081% year on year.
Vaidyuthi Mobility was founded in 2021 in Bengaluru, India, focusing on the electric vehicle sector. Cargo three-wheelers are developed and produced, incorporating lithium-ion batteries, two-passenger seating, and vehicle tracking systems. Operations center on sustainable mobility solutions for urban logistics, with manufacturing based in India to serve regional markets. Co-founders Rajkumar V K and Hari Vasudevan lead the companys efforts in electric three-wheeler innovation.
Vaidyuthi Mobility's top competitors include ETO Motors, TI Clean Mobility and 3evi.
Vaidyuthi Mobility has 2 investors. Key investors include The Sg Jith Companies, and Shashi Kumar Velath.
The valuation of Vaidyuthi Mobility is $4.01M as of Apr 2022.
Vaidyuthi Mobility operates through Vaidyuthi Mobility Private Limited.
The legal entities of Vaidyuthi Mobility currently have 3 directors, including Rajkumar Kumaran Velath, Hari Vasudevan, Aamir Iftakhar.