Electra EV funding, investors and company details

Electra EV is an emerging Automobile - EV startup from Pune, working in the space of Independent electric vehicle (EV) powertrain and new energy solutions company. Founded by Ratan Tata.

Company: Electrodrive Powertrain Solutions Private Limited
Sector: Automobile - EV
Location: Pune
Founders: Ratan Tata
Total funding raised: ₹203.4 Cr

Company overview

Electra EV is a leading independent electric vehicle (EV) powertrain and new energy solutions company in India, established in 2017. The company is focused on advancing sustainable mobility by developing high-performance EV powertrain systems and battery energy storage solutions. Recognized as India’s first pure-play EV powertrain company, it works closely with select global partners to build next-generation electric mobility technologies. Electra EV designs and manufactures critical EV components, including traction units, battery packs, onboard chargers, and vehicle control units. In addition, it offers telematics, prototyping, and homologation-ready solutions. Its proprietary, AI-enabled eVehicle OS leverages real-time adaptive intelligence to optimize vehicle performance and deliver a more personalized driving experience. To date, Electra EV has deployed over 15,000 electric powertrains that have collectively covered millions of kilometers on Indian roads, highlighting the robustness and scalability of its technology. The company has collaborated with major OEMs such as Tata Motors on models including the Tigor EV and Ace EV, where its solutions have helped enhance driving range and overall efficiency.

Funding rounds

Latest round: $ 25.00 Mn (₹203.40 Cr.), 2022-11-04. Investors: GEF Capital Partners