Wasan e-Mobility

Mumbai, India Founded: 2019 • Age: 7 yrs
Produces high-quality electric commercial vehicles across multiple categories.

About Wasan e-Mobility

Wasan e-Mobility is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 2019. It produces high-quality electric commercial vehicles across multiple categories. It operates on a B2B model. The company has 14 employees. Its focus areas include Automotive, Electric Vehicles, Commercial Vehicles and Electric Trucks and Vans. Its legal entity in India is Wasan E-Mobility Solutions Private Limited (U34300MH2019PTC333700). Its competitors include TI Clean Mobility, 3evi and ETO Motors; 3 of its 3 listed competitors have raised funding.

Company details

Wasan e-Mobility operates with a B2B model, focusing on dealing with automotive parts, developing electric vehicles, commercial vehicles, and electric trucks and vans. Produces high-quality electric commercial vehicles across multiple categories. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Key Metrics
  • Annual Revenue
    ₹23,149

    FY 2025 · -100% YoY

  • Net Loss
    -₹45.7 Lakh

    FY 2025 · -19758% margin

  • EBITDA
    -₹25.5 Lakh

    FY 2025 · -10997% margin

  • Employee Count
    14

Board of directors of Wasan E-Mobility Solutions Private Limited (Wasan e-Mobility)

Wasan E-Mobility Solutions Private Limited is the primary company behind Wasan e-Mobility. The board of Wasan E-Mobility Solutions Private Limited currently have 2 directors; the longest-serving is Vijay Kundanlal Wasan, appointed in 2019.

DirectorDesignationAppointedTenureEntity
Vijay Kundanlal Wasan
DIN 01655248
Director27 Nov 20196 yrs 11 moWasan E-Mobility Solutions Private Limited
Taarun Vijay Waasan
DIN 01655208
Director27 Nov 20196 yrs 11 moWasan E-Mobility Solutions Private Limited

Financials of Wasan e-Mobility

Figures of Wasan E-Mobility Solutions Private Limited, the primary company behind Wasan e-Mobility, for FY 2025. Revenue was ₹23,149 (-100% year on year). Net loss was -₹45.7 Lakh (-19758% margin). EBITDA was -₹25.5 Lakh (-10997% margin). Revenue has grown at a compounded annual rate of -48% over three years.

  • ₹23,149Revenue · FY 2025 · -100% YoY
  • -₹45.7 LakhNet loss · -19758% margin
  • -₹25.5 LakhEBITDA · -10997% margin
  • ₹4.1 LakhPaid-up capital
  • 14Employees (provident fund records)
  • -48%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Wasan E-Mobility Solutions Private Limited are on its company page.

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Detailed financial statements for Wasan e-Mobility

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Competitors of Wasan e-Mobility

Wasan e-Mobility has 3 listed competitors in our database, 3 of them funded. They include TI Clean Mobility, 3evi and ETO Motors.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
2022Chennai, India$519.2M530
Electric three-wheelers are designed, manufactured, and marketed for passenger transport.
3evi.com2019Bengaluru, India$24.64M250
Three-wheel electric vehicles are manufactured along with hyper-local connectivity services.
etomotors.com2018Hyderabad, India$15.2M109
Online platform offering electric vehicles and fleet management solutions
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Detailed competitors of Wasan e-Mobility

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Top companies in Commercial & Off-Highway Vehicles

3 companies that operate in the same segment as Wasan e-Mobility (Commercial & Off-Highway Vehicles) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric three-wheelers are designed, manufactured, and marketed for passenger transport.
2022Chennai, Tamil Nadu, IndiaUSD 519.2 MUSD 2.07 B530
Develops innovative GPS tracking technologies for fleet operators.
2000Valsad, Gujarat, India
Lynkit develops telematic systems for enterprise fleet tracking.
2017Delhi, Delhi, IndiaUSD 2.06 M100
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Frequently Asked Questions about Wasan e-Mobility

Wasan e-Mobility was founded in 2019.

Wasan e-Mobility is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Wasan e-Mobility has 14 employees.

The primary company behind Wasan e-Mobility, Wasan E-Mobility Solutions Private Limited, reported revenue of β‚Ή23,149 for FY 2025, down 100% year on year.

Wasan e-Mobility operates with a B2B model, focusing on dealing with automotive parts, developing electric vehicles, commercial vehicles, and electric trucks and vans. Produces high-quality electric commercial vehicles across multiple categories. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Wasan e-Mobility's top competitors include ETO Motors, TI Clean Mobility and 3evi.

Wasan e-Mobility operates through Wasan E-Mobility Solutions Private Limited.

The legal entities of Wasan e-Mobility currently have 2 directors, including Vijay Kundanlal Wasan, Taarun Vijay Waasan.

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