# kWh Bikes

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kwh-bikes

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Bangalore, India
- Total disclosed funding: $1.8M
- Latest round: Seed (Jul 2, 2021)
- Investors on record: 6

## About

Founded in 2020 by its CEO, Siddharth Janghu, and based in Karnataka, India, KWH Motors Private Limited, trading under the name kWh Bikes, operates as a manufacturing company that designs and produces electronic bikes and related parts. In October 2021, kWh Bikes raised USD 2 million in seed funding led by LetsVebture, with participation from Backer Capital, Better Capital, Cloud Capital, and Faad Network.

 The company offers electric 2 wheelers that are sold by 75 dealers across India, including regions like Karnataka, Delhi, Maharashtra, Haryana, UP, Bihar, Gujarat, West Bengal, and Rajasthan. The electric scooter has a speed of over 75 kmph and requires 4 hours of charging time.

 The company plans to start production of the e-scooter by 2023.

## Funding rounds

- Seed, Jul 2, 2021, $1.8M — Better Capital, LVX, Sarcha Advisors, Faad Network, Cloud Capital, Backer Group

## Investors

- Better Capital — Seed
- LVX (https://capitalatlas.ai/funds/lvx) — Seed
- Sarcha Advisors — Seed
- Faad Network (https://capitalatlas.ai/funds/faad-network) — Seed
- Cloud Capital — Seed
- Backer Group (https://capitalatlas.ai/funds/backer-group) — Seed