About Zero21
Zero21 is a Transportation, Automotive & Logistics company based in Hyderabad (India) founded in 2017 by Sasidhar Ravinuthala and Srinivas Rani. Provider of electric auto rickshaws. Zero21 has raised $338.82 thousand across 1 funding round from investors including Sapparapa Rajesh Kumar and Kolli Jaya Lakshmi. Its chief executive, as recorded, is Sasidhar Ravinuthala. Its Indian entity Zero 21 Renewable Energy Solutions Private Limited reported revenue of ₹4.13 Cr. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Commercial Vehicles. Its competitors include TI Clean Mobility, ETO Motors and 3evi; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Hyderabad, India
- Founders Sasidhar Ravinuthala, Srinivas Rani
- SectorsTransportation, Automotive & Logistics
- Website zero21.autos
- Social LinkedIn X
- Legal Name Zero 21 Renewable Energy Solutions Private Limited
- Date of Incorporation 18 Dec, 2018
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹4.13 Cr
FY 2024 · +86% YoY
- Net Profit₹19 Lakh
FY 2024 · 5% margin
- EBITDA₹68.1 Lakh
FY 2024 · 16% margin
- Total Equity Funding$338.82K (USD)
in 1 rounds
- Latest Funding Round$338.82K (USD), Angel Round
Nov 2022
Associated legal entities of Zero21
Zero21 operates through Zero 21 Renewable Energy Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Zero 21 Renewable Energy Solutions Private Limited CIN U34300TG2018PTC129098 | Active | 18 Dec 2018 | Hyderabad, Telangana | ₹4.1 Cr | 2 | View details |
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.
- Total Funding $338,816
- Total Rounds 1
- Last Round Angel Round — $338,816
- First Round $338,816
(Nov 2022)
- Investors Count 2
All 1 funding rounds of Zero21 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2022 | $338,816 | Angel Round | – | – |
2 investors in total: 0 institutional and 2 angel.
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 |
|---|---|---|---|---|
SR Sapparapa Rajesh Kumar | unknown_c98f1d81fe6a4907b | |||
KJ Kolli Jaya Lakshmi | unknown_e09a271438e04225b |
Investor details for Zero21
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Zero 21 Renewable Energy Solutions Private Limited (Zero21)
Zero 21 Renewable Energy Solutions Private Limited is the primary company behind Zero21. The board of Zero 21 Renewable Energy Solutions Private Limited currently have 2 directors; the longest-serving is Srinivas Rani, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Srinivas Rani DIN 07695742 | Director | 18 Dec 2018 | 7 yrs 10 mo | Zero 21 Renewable Energy Solutions Private Limited |
| Sasidhar Ravinuthala DIN 05335800 | Director | 20 May 2023 | 3 yrs 5 mo | Zero 21 Renewable Energy Solutions Private Limited |
People of Zero21
2 people are tracked at Zero21 (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & Co-CEO | Leadership | |
| Co-Founder & Co-CEO | Leadership |
Complete people profiles for Zero21
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Zero21
Figures of Zero 21 Renewable Energy Solutions Private Limited, the primary company behind Zero21, for FY 2024. Revenue was ₹4.13 Cr (+86% year on year). Net profit was ₹19 Lakh (5% margin). EBITDA was ₹68.1 Lakh (16% margin). Revenue has grown at a compounded annual rate of +231% over three years.
- ₹4.13 CrRevenue · FY 2024 · +86% YoY
- ₹19 LakhNet profit · 5% margin
- ₹68.1 LakhEBITDA · 16% margin
- ₹2.12 CrPaid-up capital
- +231%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Zero 21 Renewable Energy Solutions Private Limited are on its company page.
Detailed financial statements for Zero21
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Zero21
2 dated milestones of Zero21 across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Zero21 is founded.
- Funding First funding round of $339K.
Competitors of Zero21
Zero21 has 3 listed competitors in our database, 3 of them funded. They include TI Clean Mobility, ETO Motors and 3evi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 2022 | Chennai, India | $519.2M | 530 | Electric three-wheelers are designed, manufactured, and marketed for passenger transport. | ||
| etomotors.com | 2018 | Hyderabad, India | $15.2M | 109 | Online platform offering electric vehicles and fleet management solutions | |
| 3evi.com | 2019 | Bengaluru, India | $24.64M | 250 | Three-wheel electric vehicles are manufactured along with hyper-local connectivity services. |
Detailed competitors of Zero21
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Zero21
The website of Zero21 (zero21.autos) receives about 1.8K visits a month.
- Monthly visits1.8K
▼ 61% vs previous month
Websites whose visitors overlap most with Zero21. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| etomotors.com | 100% | 2K | #7,797,181 | View details |
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Zero21 (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 37.93 M | 401 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 |
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Related news about 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 CEO of Zero21, as recorded in our data. They have also founded this company.
Zero21 is a funded company, having raised a total of $338.82K across 1 funding round to date. The company's 1st funding round was a Angel Round of $338.82K, raised on Nov 2022.
The primary company behind Zero21, Zero 21 Renewable Energy Solutions Private Limited, reported revenue of ₹4.13 Cr for FY 2024, up 86% year on year.
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 3evi.
Zero21 has 2 investors. Key investors include Sapparapa Rajesh Kumar, and Kolli Jaya Lakshmi.
Zero21 operates through Zero 21 Renewable Energy Solutions Private Limited.
The legal entities of Zero21 currently have 2 directors, including Sasidhar Ravinuthala, Srinivas Rani.