Volta Motors

Chennai, India Founded: 2015 • Age: 11 yrs Acquired By Smartron
Electric bicycles are developed by India-based Volta Motors.
Annual revenue $77,959 Latest available
Total funding $100,000 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Volta Motors

Volta Motors is a company based in Chennai (India) founded in 2015 was acquired by Smartron in February 2017. Volta Motors has raised $100 thousand across 1 funding round from investors including Smartron and Kalaari Capital. Volta Motors operates in a competitive market with competitors including EMotorad, eBik, Hornback, VAAN and GHM, among others.

  • Headquarter Chennai, India
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Tronx Motors Private Limited
  • Date of Incorporation 04 Jun, 2015
  • Jurisdiction Chennai, Tamil Nadu, India
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $77.96 K (USD)
    -53.7
    as on Mar 31, 2021
  • Net Profit
    -$64.81 K (USD)
    59.73
    as on Mar 31, 2021
  • EBITDA
    -$62.41 K (USD)
    60.23
    as on Mar 31, 2021
  • Total Equity Funding
    $100 K (USD)

    in 1 rounds

  • Latest Funding Round
    $100 K (USD), Seed

    Oct 28, 2016

  • Investors
    Smartron

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    Smartron

    (Feb 02, 2017)

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Funding Insights of Volta Motors

Volta Motors has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in October 2016. 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 Volta Motors

Volta Motors has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Smartron and Kalaari Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
Investments in early-stage technology companies are made by Kalaari Capital.
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Smart home products are manufactured and provided by Smartron.
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Investor details for Volta Motors

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Investments & Acquisitions by Volta Motors

Investments
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Investment portfolio details for Volta Motors

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Financial Statements - Volta Motors

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Detailed financials for Volta Motors

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Volta Motors Comparisons

Volta Motors Primary company
Description
Electric bicycles are developed by India-based Volta Motors.
Location
Chennai, India
Founded Year
2015
Annual Revenue
$77.96 K (USD)
Net Profit
-$64.81 K (USD)
EBITDA
-$62.41 K (USD)
Employees
Not available
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Peer comparison for Volta Motors

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Competitors of Volta Motors

Volta Motors 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, VAAN and GHM, 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 with removable batteries are manufactured by VAAN.
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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 Volta Motors

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Latest news on Volta Motors

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Frequently Asked Questions about Volta Motors

Volta Motors was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Volta Motors is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Volta Motors is a funded company, having raised a total of $100K across 1 funding round to date.

Annual revenue of Volta Motors is $77.96K as on Mar 31, 2021.

Volta Motors was founded in 2015 in Chennai, India, with a focus on the electric mobility sector. Electric bicycles, including the ZAP model powered by batteries for a 60 km range, are developed and made available for pre-order through the companys website. Operations center on sustainable transportation solutions. The company was acquired by Smartron in February 2017 for an undisclosed amount.

Volta Motors's top competitors include EMotorad, eBik and Hornback.

Volta Motors has 2 investors. Key investors include Smartron, and Kalaari Capital.

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