About Vajram Electric
Vajram Electric is a company based in Mumbai (India) founded in 2022 by Irfan Khan and Hari Kiran. Vajram Electric has raised $3.37 million across 5 funding rounds from investors including Anil Basa, Cyprian D Mello and Nikul Gala & family. The company has 11 employees as of April 07, 2024. Vajram Electric offers products and services including EV Two-Wheelers, EV Three-Wheelers, EV Smart Wheelchairs, and EV Trikes. Vajram Electric operates in a competitive market with competitors including Tesla, Fisker, Motovolt, BAIC New Energy and BNC Motors, among others.
- Headquarter Mumbai, India
- Employees 11 as on 07 Apr, 2024
- Founders Irfan Khan, Hari Kiran
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Vajram Electric Mobility Limited
- Date of Incorporation 01 Mar, 2021
- Jurisdiction Mumbai Suburban, Maharashtra, India
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Annual Revenue
$1.54 K (USD)0as on Mar 31, 2023
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Net Profit
-$446.53 K (USD)-39183.66as on Mar 31, 2023
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EBITDA
-$420.27 K (USD)-41443.93as on Mar 31, 2023
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Total Equity Funding
$3.37 M (USD)
in 5 rounds
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Latest Funding Round
$451.8 K (USD), Angel Round
Sep 23, 2024
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Investors
Nikul Gala & family
& 234 more
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Employee Count
11
as on Apr 07, 2024
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Products & Services of Vajram Electric
Vajram Electric offers a comprehensive portfolio of products and services, including EV Two-Wheelers, EV Three-Wheelers, EV Smart Wheelchairs, and EV Trikes.
High-performance two-wheelers designed for efficiency and urban durability.
Versatile three-wheelers for eco-friendly urban transportation needs.
Advanced wheelchairs providing comfort and technological independence.
Stable trikes focused on safety and user-friendly designs.
Funding Insights of Vajram Electric
Vajram Electric has successfully raised a total of $3.37M across 5 strategic funding rounds. The most recent funding activity was a Angel Round of $451.8 thousand completed in September 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.
Investors in Vajram Electric
Vajram Electric has secured backing from 235 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Anil Basa, Cyprian D Mello and Nikul Gala & family.
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Anil Basa |
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Investor details for Vajram Electric
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Investments & Acquisitions by Vajram Electric
Investment portfolio details for Vajram Electric
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Financial Statements - Vajram Electric
Detailed financials for Vajram Electric
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Vajram Electric Comparisons
Peer comparison for Vajram Electric
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Competitors of Vajram Electric
Vajram Electric 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 Tesla, Fisker, Motovolt, BAIC New Energy and BNC Motors, among others.
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Electric vehicles and solar energy products are manufactured.
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Electric vehicles are manufactured and leased by Fisker Inc.
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Electric bicycles with advanced features are developed by Motovolt.
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Electric vehicles are developed and engineered in Beijing, China.
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Electric two-wheelers with removable batteries and hub motors are manufactured.
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Manufacturer of electric two and three-wheelers for personal and commercial use
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Detailed competitors of Vajram Electric
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Latest news on Vajram Electric
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Frequently Asked Questions about Vajram Electric
Vajram Electric was founded in 2022.
Vajram Electric is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Irfan Khan is the current CEO of Vajram Electric. They have also founded this company.
Vajram Electric is a funded company, having raised a total of $3.37M across 5 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Vajram Electric is 11.
Annual revenue of Vajram Electric is $1.54K as on Mar 31, 2023.
Vajram Electric was founded in 2022 in Mumbai, India, within the electric vehicle manufacturing sector. Scooters, trikes, and custom-built vehicles for commercial applications are designed and developed by the company. Modular two-wheeler electric power trains are also produced. Operations focus on innovative platforms for diverse electric mobility solutions in the Indian market.
Vajram Electric's top competitors include Fisker, Tesla and Greaves Electric Mobility.
Vajram Electric offers EV Two-Wheelers, EV Three-Wheelers, EV Smart Wheelchairs, and EV Trikes.
Vajram Electric has 235 investors. Key investors include Anil Basa, Cyprian D Mello, Nikul Gala & family, Twogrid Technologies, and Deepak Pothakamury.
The valuation of Vajram Electric is $10.43M as of Sep 2022.