About Zero21
Zero21 is a company based in Hyderabad (India) founded in 2017 by Sasidhar Ravinuthala and Srinivas Rani. Zero21 has raised $338.82 thousand across 1 funding round from investors including Sapparapa Rajesh Kumar and Kolli Jaya Lakshmi. Zero21 operates in a competitive market with competitors including TI Clean Mobility, ETO Motors, 3evi, Montra Electric and Atul Greentech, among others.
- Headquarter Hyderabad, India
- Founders Sasidhar Ravinuthala, Srinivas Rani
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Sectors
Transportation, Automotive & Logistics
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Phone
Locked
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Website
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Social
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- Legal Name Zero 21 Renewable Energy Solutions Private Limited
- Date of Incorporation 18 Dec, 2018
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$267.59 K (USD)88.57as on Mar 31, 2023
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Net Profit
$14.29 K (USD)54.86as on Mar 31, 2023
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EBITDA
-$191.74 K (USD)-1140.23as on Mar 31, 2023
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Total Equity Funding
$338.82 K (USD)
in 1 rounds
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Latest Funding Round
$338.82 K (USD), Angel Round
Nov 15, 2022
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Investors
& 1 more
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Employee Count
Not available
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Funding Insights of Zero21
Zero21 has successfully raised a total of $338.82K through 1 strategic funding round. The most recent funding activity was a Angel Round of $338.82 thousand completed in November 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.
Investors in Zero21
Zero21 has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Sapparapa Rajesh Kumar and Kolli Jaya Lakshmi.
| Investor | Description | Founded Year | Domain | Location |
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SR
Sapparapa Rajesh Kumar |
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Locked | Locked | Locked |
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KJ
Kolli Jaya Lakshmi |
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Investor details for Zero21
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Investments & Acquisitions by Zero21
Investment portfolio details for Zero21
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Financial Statements - Zero21
Detailed financials for Zero21
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Zero21 Comparisons
Peer comparison for Zero21
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- Named peers
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Competitors of Zero21
Zero21 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 TI Clean Mobility, ETO Motors, 3evi, Montra Electric and Atul Greentech, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Electric three-wheelers are designed, manufactured, and marketed for passenger transport.
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Online platform offering electric vehicles and fleet management solutions
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Three-wheel electric vehicles are manufactured along with hyper-local connectivity services.
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Electric three-wheelers are manufactured by Montra Electric in India.
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Electric rickshaws are manufactured and developed by Atul Greentech.
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Platform offering electric mobility solutions
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Detailed competitors of Zero21
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Latest news on Zero21
Complete news archive for Zero21
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Frequently Asked Questions about Zero21
Zero21 was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Zero21 is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Sasidhar Ravinuthala is the current CEO of Zero21. They have also founded this company.
Zero21 is a funded company, having raised a total of $338.82K across 1 funding round to date.
Annual revenue of Zero21 is $267.59K as on Mar 31, 2023.
Zero21 was founded in 2017 in Hyderabad, India, as a provider in the electric vehicle sector. Vehicles are developed featuring lithium-ion batteries, LCD displays, anti-theft systems, and additional components for urban mobility. Operations focus on manufacturing and distribution of electric auto rickshaws tailored for local transportation needs in India. The company is led by co-founders Sasidhar Ravinuthala and Srinivas Rani, emphasizing sustainable transport solutions.
Zero21's top competitors include ETO Motors, TI Clean Mobility and Atul Greentech.
Zero21 has 2 investors. Key investors include Sapparapa Rajesh Kumar, and Kolli Jaya Lakshmi.