# EMotorad: Automotive, Pimpri-Chinchwad, India

> EMotorad: EMotorad is an electric mobility startup based in Pune, India, founded in 2020. Based in Pimpri-Chinchwad, India. Founded 2020.

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

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

# EMotorad

EMotorad is an electric mobility startup based in Pune, India, founded in 2020.

Funding reported Last round: Series B

Automotive Pimpri-Chinchwad, India

Company summary

- **Founded:** 2020 6 years old
- **Team:** 240 201 to 1,000 people
- **Funding reported:** 2.1B as listed, currency not stated
- **Last round:** Series B Nov 2023

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 EMotorad 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 EMotorad

EMotorad is an electric mobility startup based in Pune, India, founded in 2020.

The company specializes in designing, developing, and manufacturing high-quality electric bicycles (e-bikes) at affordable prices. EMotorad aims to bridge the gap between premium and entry-level e-bikes, making sustainable mobility accessible to a wider audience. The company has expanded its reach to over 58 countries, including Japan, the UAE, and Nepal. EMotorad offers a range of services, including direct online sales, in-house manufacturing of key e-bike components, and extensive after-sales support. The company has developed three flagship e-bike models: the EMX, T-Rex, and Doodle, catering to various rider needs from urban commuting to adventure biking. With a strong dealer network and a commitment to sustainability, EMotorad is positioned as a significant player in the electric vehicle market, contributing to reduced carbon emissions and promoting eco-friendly transportation solutions.

## What company datasets say EMotorad raised

Funding, as reported

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

Rounds **4**

Last round **Series B**

Last round date **Nov 2023**

Investors listed **7**

## On 2 portfolio pages

Investors who name them

- [FundEnable](https://millionrounds.com/fund/fundenable)
- [NewRadioVenture](https://millionrounds.com/fund/newradioventure)

Each firm lists EMotorad on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

electric bike accessories supply chain efficiency consumers customer engagement urban commuting e-bikes distribution electric bicycle rentals electric bicycle technology manufacturing electric vehicle safety features eco-friendly vehicles e-bikes electric bike performance local manufacturing affordable e-bikes urban commuting

Built with from their website

Altair Hypermesh Google Maps Resi Amazon SES Google Tag Manager Google Sheets Salesforce CRM Analytics HREF Lang PWA Google Ads

+8 more

Clarity SDM YouTube Google Workspace Gem Viewport Meta LinkedIn Ads Hubspot webpack

- **Sector:** Automotive
- **Industry code:** NAICS 33699, 459110, SIC 3711, 5941
- **Region:** Maharashtra
- **Revenue:** 15.8M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/emotorad)

## 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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