Veelo Mobility

Bhilai, India Founded: 2019 • Age: 7 yrs
Operates EV battery swapping stations for users.

About Veelo Mobility

Veelo Mobility is a Transportation, Automotive & Logistics company based in Bhilai (India) founded in 2019. It operates EV battery swapping stations for users. It operates on a B2C model. The company has 6 employees. Its Indian entity Veelo Mobility Private Limited reported revenue of β‚Ή1.18 Cr. Its focus areas include Transportation, Electric Vehicles, Battery Services and Swapping Stations. Its competitors include SUN Mobility, Battery Smart and Bolt.Earth; 3 of its 3 listed competitors have raised funding.

Company details

Veelo Mobility, established in 2019, excels in providing transportation services, developing electric vehicles, battery services, and swapping stations. Operates EV battery swapping stations for users. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.

Key Metrics
  • Annual Revenue
    ₹1.18 Cr

    FY 2024 · +60% YoY

  • Net Loss
    -₹2.6 Lakh

    FY 2024 · -2% margin

  • EBITDA
    ₹27.7 Lakh

    FY 2024 · 24% margin

  • Employee Count
    6

Apps and channels of Veelo Mobility

Veelo Mobility publishes 1 mobile app with over 5K+ downloads; its YouTube channel Veelo Mobility has 50 subscribers and 8 videos.

Veelo
Google Play Auto & Vehicles Everyone Free 5K+ downloads
Developer: Veelo Mobility Pvt Ltd
View on Google Play
Veelo Mobility
YouTube 50 subscribers 8 videos Science & Technology
Open channel

Videos from Veelo Mobility

The most watched videos on Veelo Mobility's YouTube channel, Veelo Mobility (50 subscribers). Click a video to play it here.

Hero VIDA V1 Plus Fast Charging
839 views
How to download Invoices from Veelo Rider app?
622 views
Get your Hero VIDA V1 Plus at Veelo Mobility
448 views
How to Care for Your Electric Bike During Rainy Season | Veelo Mobility Tips
380 views

More on Veelo Mobility .

Board of directors of Veelo Mobility Private Limited (Veelo Mobility)

Veelo Mobility Private Limited is the primary company behind Veelo Mobility. The board of Veelo Mobility Private Limited currently have 2 directors; the longest-serving is Anirudh Singhal, appointed in 2020.

DirectorDesignationAppointedTenureEntity
Anirudh Singhal
DIN 00059131
Director26 May 20206 yrs 5 moVeelo Mobility Private Limited
Anurag Singhal
DIN 08426519
Director26 May 20206 yrs 5 moVeelo Mobility Private Limited

Financials of Veelo Mobility

Figures of Veelo Mobility Private Limited, the primary company behind Veelo Mobility, for FY 2024. Revenue was ₹1.18 Cr (+60% year on year). Net loss was -₹2.6 Lakh (-2% margin). EBITDA was ₹27.7 Lakh (24% margin). Revenue has grown at a compounded annual rate of +138% over three years.

  • ₹1.18 CrRevenue · FY 2024 · +60% YoY
  • -₹2.6 LakhNet loss · -2% margin
  • ₹27.7 LakhEBITDA · 24% margin
  • ₹2.55 CrPaid-up capital
  • 6Employees (provident fund records)
  • +138%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Veelo Mobility Private Limited are on its company page.

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Detailed financial statements for Veelo Mobility

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Competitors of Veelo Mobility

Veelo Mobility has 3 listed competitors in our database, 3 of them funded. They include SUN Mobility, Battery Smart and Bolt.Earth.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
sunmobility.com2017Bengaluru, India$50M473
Online platform for battery swapping solutions
batterysmart.in2019Gurugram, India$180.36M482
Provider of EV battery-swapping network
bolt.earth2017Bengaluru, India$29.61M134
EV charging hardware, software, and maintenance services are offered.
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Detailed competitors of Veelo Mobility

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
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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 Veelo Mobility (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric ride-hailing and cab services are provided via mobile app.
2019Mumbai, Maharashtra, IndiaUSD 168.52 M
Shared electric two-wheelers are rented via an online platform.
2017Bengaluru, Karnataka, IndiaUSD 187.54 MUSD 2.14 M251
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
2013Bengaluru, Karnataka, IndiaUSD 502.02 MUSD 391.37 M1,917
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Frequently Asked Questions about Veelo Mobility

Veelo Mobility was founded in 2019.

Veelo Mobility is headquartered in Bhilai, India. It is registered at Bhilai, Chhattisgarh, India.

Veelo Mobility has 6 employees.

The primary company behind Veelo Mobility, Veelo Mobility Private Limited, reported revenue of β‚Ή1.18 Cr for FY 2024, up 60% year on year.

Veelo Mobility, established in 2019, excels in providing transportation services, developing electric vehicles, battery services, and swapping stations. Operates EV battery swapping stations for users. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.

Veelo Mobility's top competitors include Battery Smart, SUN Mobility and Bolt.Earth.

Veelo Mobility operates through Veelo Mobility Private Limited.

The legal entities of Veelo Mobility currently have 2 directors, including Anirudh Singhal, Anurag Singhal.

Yes. Veelo Mobility publishes Veelo, with over 5,000 downloads.

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