# ElectraEV: Automotive, Pune, India

> ElectraEV: ElectraEV, officially known as Electrodrive Powertrain Solutions Pvt. Based in Pune, India. Founded 2017.

Source: https://millionrounds.com/startup/electraev (Millionrounds; every figure on the page links to its filing or article)

India · [Automotive startup](https://millionrounds.com/companies)

# ElectraEV

ElectraEV, officially known as Electrodrive Powertrain Solutions Pvt.

Funding reported Last round: Private equity

Automotive Pune, India

Company summary

- **Founded:** 2017 9 years old
- **Team:** 200 51 to 200 people
- **Funding reported:** 2.1B as listed, currency not stated
- **Last round:** Private equity Nov 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for ElectraEV has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About ElectraEV

ElectraEV, officially known as Electrodrive Powertrain Solutions Pvt.

Ltd., is India's first independent company focused on electric vehicle (EV) powertrain technology and New Energy Solutions. Founded in 2017 and based in Pune, Maharashtra, with manufacturing facilities in Coimbatore, Tamil Nadu, ElectraEV specializes in designing, developing, and supplying complete EV powertrain systems for both passenger and commercial vehicles. The company offers a comprehensive range of services, including end-to-end ePowertrain system integration, covering the entire vehicle development cycle from concept to production and after-sales support. Its product lineup features high-efficiency traction units, custom-designed battery packs, integrated on-board chargers, vehicle control units, external vehicle chargers, and telematics solutions. ElectraEV operates on a B2B model, serving automotive OEMs, off-highway OEMs, and Tier-1 suppliers, and holds a significant share of India's EV market. The company is committed to accelerating sustainable mobility and enhancing the affordability and efficiency of electric vehicles in India.

## What company datasets say ElectraEV raised

Funding, as reported

Reported in all **2.1B** in the source's currency

Rounds **1**

Last round **Private equity**

Last round size **25M**

Last round date **Nov 2022**

Investors listed **1**

## Founders and team

From ElectraEV's own website: 1 founder, 2 on the team.

**Ratan N. Tata** Founder, Electra EV

- **Samir Yajnik** CEO & Executive Director, Electra EV
- **Sumeet Dhar** President – New Energy Solutions

## The company, in detail

What they build

Known for

electric vehicle components prototyping services clean energy & technology certification processes intelligent battery systems after sales services diagnostics battery packs powertrain manufacturing vehicle energy management distribution manufacturing powertrain design vehicle control unit prototyping energy storage local manufacturing

Built with from their website

Google Maps Google Tag Manager Contact Form 7 WordPress.org PWA Viewport Meta Site Kit Cisco Webex Control Hub AI Webex

+8 more

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- **Sector:** Automotive
- **Industry code:** NAICS 33639, 336320, 33591, 541715, SIC 3711
- **Region:** Maharashtra
- **Revenue:** 43M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/electraev)

## Automotive in India

Startups like it

- [**Yulu** Bengaluru · founded 2017 *Raised*](https://millionrounds.com/company/yulu)
- [**Ather Energy** Bangalore · founded 2013 *Raised*](https://millionrounds.com/company/ather-energy)
- [**Spinny** Gurugram · founded 2015 *Raised*](https://millionrounds.com/company/spinny)
- [**Ultraviolette Automotive** Bengaluru · founded 2016 *Raised*](https://millionrounds.com/company/ultraviolette-automotive)
- [**Truebil** Mumbai · founded 2015 *Raised*](https://millionrounds.com/company/truebil)
- [**myTVS (TVS Automobile Solutions)** Chennai · founded 2011](https://millionrounds.com/startup/mytvs-tvs-automobile-solutions)
- [**Kabira Mobility** Verna · founded 2019](https://millionrounds.com/startup/kabira-mobility)
- [**Mahindra Last Mile Mobility** Mumbai · founded 1994](https://millionrounds.com/startup/mahindra-last-mile-mobility)

## Is this your company?

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