EMotorad (EM) is an electric vehicles company that strives to bring futuristic e-bikes at an affordable price for adventure seekers, daily commuters, or casual riders.
Location: India, Maharashtra, Pune
Employees: 51-200
Phone: 086860
Total raised: $25.92M
Founded date: 2020
Funding Rounds 3
| Date | Series | Amount | Investors |
| 27.11.2023 | Series B | $20M | - |
| 25.10.2022 | Series A | $2.93M | - |
| 25.10.2021 | Seed | $3M | - |
Mentions in press and media 16
| Date | Title | Description |
| 27.08.2024 | Central Schemes Boost Domestic EV Manufacturing and Sales: Industry Players This comes after the government approved around 50 of the 74 applications it received for the production-linked inventive (P... | With central government coming up with new incentives and schemes to up-lift the Electric Vehicles (EVs) industry, the EV manufacturers are hopeful that these measures will further boost the sector for the betterment. As government initiati... |
| 16.08.2024 | Ola Electric Hits 20% Upper Circuit After Venturing Into E-Bike Space | SUMMARY The shares of Ola Electric were trading at INR 129.03 at 12:07 PM On Thursday, Ola Electric unveiled its electric motorcycle portfolio, ‘The Roadster Series’, during its annual event This move comes as several new-age mobility compa... |
| 08.07.2024 | EMotorad opens flagship store in Nagpur, strengthens offline presence | The new store, located at Hanuman Gali is the latest addition to EMotorad’s network of 11 Exclusive Brand Outlet (EBO) stores across India. The Nagpur store holds special significance as it is the hometown of EMotorad’s CEO and Co-founder, ... |
| 08.05.2024 | EMotorad Announces World's Biggest E-Cycle Gigafactory In Pune Phase one concentrates on giga component production, while later phases will enhance mechanical components in-house manufacturing capabil... | - |
| 07.05.2024 | Dhoni-backed EMotorad to build world's biggest electric cycle gigafactory | - |
| 16.04.2024 | Mahendra Singh Dhoni Ventures into the EV Space: Invests in EMotorad Dhoni has invested in a number of businesses over the years, including the fitness startup Tagda Raho, the drone startup Garuda Aer... | - |
| 16.04.2024 | Dhoni invests in Pune e-cycle maker EMotorad | Pune-based e-cycle startup EMotorad announced a partnership with former Indian cricket captain Mahendra Singh Dhoni, who has invested in the company and will serve as brand endorser. A media statement quoted Dhoni saying, “The future is in ... |
| 28.11.2023 | Deals in brief: Jala Tech confirms Series A funding, Neuralink secures additional USD 43 million, multiple China and India deals, and more | Jala Tech confirms closure of Series A round Following DealStreetAsia’s report on November 27 regarding Jala Tech completing its Series A funding round, the Indonesian aquaculture tech company has released a statement today confirming the m... |
| 27.11.2023 | Electric cycle startup EMotorad raises $20 Mn led by Panthera | Electric cycle manufacturing company EMotorad has raised $20 million in a Series B round led by Panthera Growth Partners, with participation from xto10x, Alteria Capital, and Green Frontier Capital. Green Frontier Capital had led EMotorad... |
| 26.11.2023 | India’s EMotorad rides high with $20M investment for global e-bike push | EMotorad, an Indian startup manufacturing electric bikes, raised $20 million in a Series B round as it aims to disrupt China’s market domination and expand its presence in global markets. The three-year-old startup has raised more than $22.... |
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