EMotorad
Latest round
- Series B
Last raised
- Nov 2023
Total raised
- $20M
Investors
- 4
About EMotorad
Founded in 2020 in Pune, India, EMotorad focuses on producing electric cycles. The company's founders include Aditya Oza, Aniket Bora, Basant Lohia, Kapil Mandlik, Kunal Gupta, Rajib Gangopadhyay, Shrishti Churhe, and Sumedh Battewar.00 mn.EMotorad specializes in the design and manufacturing of electric cycles (e-cycles) suitable for various users, including urban commuters and adventure enthusiasts. Their main product lineup features models like the Doodle Pro, X-Factor, and T-Rex series, all offering advanced features such as digital displays, durable batteries, and high-performance motors. These e-cycles provide an efficient and eco-friendly commuting option, targeting users across all age groups and fitness levels, with an emphasis on accessibility and inclusivity.13 mn. The company generates revenue through direct sales of its e-cycles to consumers, with flagship models priced between INR 24,999 and INR 79,999.EMotorad is focused on launching new products and expanding its market reach. The company is designing additional e-cycle models, although specific release dates are not stated. They aim to enter new markets, particularly internationally, in the coming years.
Who invested in EMotorad
4 investors across 1 round
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Funding rounds
Series B
Nov 27, 2023
Amount
$20M
Investors
Questions about EMotorad
Who invested in EMotorad?
EMotorad has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has EMotorad raised?
EMotorad has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did EMotorad last raise money?
EMotorad's most recent round on record is a Series B, in Nov 2023.
What does EMotorad do?
Founded in 2020 in Pune, India, EMotorad focuses on producing electric cycles.
Where is EMotorad headquartered?
EMotorad is headquartered in Pune, India.
Which VCs invest in companies like EMotorad?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back automobiles, other vehicles & parts companies at EMotorad's stage. Their profiles are linked below.
VCs backing automobiles, other vehicles & parts startups at Series B
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