eMotorad
eMotorad is a climate tech company in Taluka Mulshi, India, founded in 2020. It has raised $20.0M across 1 round, most recently a $20.0M Series B in November 2023.
Electric Cycle Online, Buy Best E Cycle & E-Bike
- Headquarters
- Taluka Mulshi, 159/2 Sangawade Pune
- Employees
- 201–500
- Founded
- 2020
- Business Model
- B2C
- Website
- emotorad.com
- 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.
Indexed holds 1 funding round and 3 investors for this company. The full record is or through the API.
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
It lists 201–500 employees. 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, Alteria Capital and Green Frontier Capital.
Tech & App Stack
10 technologies & apps tracked
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Funding History
Nov 2023
Investors
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