# Greaves Electric Mobility

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/greaves-electric-mobility

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Bengaluru, India
- Website: www.greaveselectricmobility.com/
- Total disclosed funding: $0.3M
- Latest round: Series C (Jul 9, 2015)
- Investors on record: 2

## About

Based in India, Greaves Electric Mobility Limited (GEM), a subsidiary of Greaves Cotton Limited, is an Indian electric vehicle (EV) manufacturer focused on democratizing clean, affordable, and smart last-mile mobility. In Febraury 2023, Greaves Electric Mobility, a portfolio company of Abdul Latif Jameel (ALJ), agreed to fully acquire Excel Controlinkage for INR 3850 million.

Greaves Electric Mobility manufactures a diverse range of electric vehicles, including low- and high-speed electric scooters (Ampere Reo, Magnus, Nexus), electric rickshaws (Ele), and electric three-wheelers for cargo and passenger use (Greaves Eltra). These vehicles are designed for affordability, performance, and sustainability, supported by a growing network of showrooms, service centers, and financing options.

## Funding rounds

- Series C, Jul 9, 2015, $0.3M — Forum Synergies, RNT Associates

## Investors

- Forum Synergies (https://capitalatlas.ai/funds/forum-synergies) — Series C
- RNT Associates (https://capitalatlas.ai/funds/rnt-associates) — Series C