eMotorad

Electric Cycle Online, Buy Best E Cycle & E-Bike

Taluka Mulshi, India · Founded 2020 · $20.0M raised

Employees
201–500
Founded
2020
Business Model
B2C
Total Funding
$20.0M
Last Round
$20.0M Series BNov 2023
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

EMotorad began in Pune in 2020, founded by four people who believed the electric cycle could be practical, aspirational, and genuinely affordable rather than a niche recreational toy. The company designs electric cycles for Indian roads, riders, and budgets, scaling manufacturing to about 90,000 e-cycles a year and opening a Pune gigafactory aimed at 500,000 units annually. EMotorad now serves commuter, leisure, health, kids, and micromobility riders through 800+ dealerships in 18+ countries.

Summary

eMotorad is a Climate Tech company based in Taluka Mulshi, India, founded in 2020. It has raised $20.0M in total across 1 round, most recently a $20.0M Series B round in Nov 2023. Investors include Panthera Growth Partners.

Tech & App Stack

10 technologies & apps tracked

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Funding History

Series BSeries BNov 2023
$20.0M

Investors

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