EMotorad funding, investors and company details
EMotorad is an emerging Automobile - EV startup from Pune, working in the space of An electric bicycle manufacturer focused on delivering sustainable mobility solutions for both everyday commuting and recreational use. Founded by Rajib Gangopadhyay, Kunal Gupta, Aditya Oza, Sumedh Battewar.
- Company: Emotorad Ventures India Private Limited
- Sector: Automobile - EV
- Location: Pune
- Founders: Rajib Gangopadhyay, Kunal Gupta, Aditya Oza, Sumedh Battewar
- Total funding raised: ₹188 Cr
Company overview
EMotorad is an electric bicycle manufacturer founded in 2020, focused on delivering sustainable mobility solutions for both everyday commuting and recreational use. The company aims to accelerate the transition toward net-zero emissions by making electric bicycles affordable and accessible. EMotorad designs and manufactures e-bikes with pedal-assist and throttle-based propulsion, catering to adventure enthusiasts, urban commuters, and casual riders alike. Its product portfolio features innovative models such as Xcape, T-Rex Smart (India’s first app-enabled e-cycle), Lil E, and cargo bikes, addressing the needs of a wide range of customer segments. The company’s bicycles are built with lightweight frames, fat tires, and dual-suspension systems, offering enhanced comfort, stability, and durability across both city roads and off-road terrains.
Funding rounds
- Latest round: Undisclosed Amount, 2024-04-16. Investors: MS Dhoni (Cricketer)
- Past round: ₹164.00 Cr. ($ 19.67 Mn), 2023-11-27. Investors: Alteria Capital, Green Frontier Capital (GFC), xto10x
- Past round (Pre Series A): ₹24.00 Cr. ($ 2.90 Mn), 2022-10-25. Investors: Green Frontier Capital (GFC), LetsVenture, Ivy Growth Associates