Best Electric Vehicles Companies in Ahmedabad, India
The 50 best Electric Vehicles companies in Ahmedabad, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Matter Energy.
Our analysis of 281 Electric Vehicles companies
$6.5b in tracked funding; 67% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2022.
Ranked: Best Electric Vehicles companies in Ahmedabad
| # | Company | Revenue | Disclosed funding | Last round | Revenue YoY | Tech stack | Web popularity | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Tds-G Manufacturer of lithium-ion batteries for hybrid vehicle and energy storage | $178M FY2025 | — | — | — | WordPressMySQLPHP+12 | Top 5M | — |
| 2 | Atul Greentech Manufacturer of electric rickshaws | $8M FY2025 | $4M | 27 mo ago | +341% | Windows ServerMicrosoft ASP.NETIIS+7 | Top 10M | 2 launchs |
| 3 | Mindra EV Provider of electric vehicle charging solutions | $7M FY2025 | — | — | +98% | WordPressMySQLPHP+17 | Top 10M | — |
| 4 | Savë Manufacturer of electric rickshaws | $3M FY2025 | — | 52 mo ago | +57% | WordPressMySQLPHP+27 | Top 50M | — |
| 5 | EVamp Technologies Manufacturer of smart EV charging hardware and integrated infrastructure services | $2M FY2025 | $794K | 14 mo ago | +156% | WordPress Block EditorElementorWordPress+22 | Top 10M | — |
| 6 | Svitch Manufacturer of premium foldable electric bicycles and related accessories | $2M FY2025 | — | — | +31% | Cart FunctionalityShopifyVimeo+30 | Top 5M | — |
| 7 | MATTER Developer of geared electric motorcycles and EV energy solutions 64Growth top 21%Talent top 28%Tech top 32%News top 32% All 10 signals ▾Growthtop 21% Talenttop 28% Techtop 32% Newstop 32% Fundingtop 34% Producttop 34% Moattop 35% Marketbottom 49% Globalbottom 39% Fin. healthbottom 35% Growth: Headcount 359 → 450 (+25%) across vintages · Revenue +67% YoY Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 64/100 | $1M FY2025 | $45M | 13 mo ago | +67% | Node.jsMUIReact+25 | Top 500k | 2 partnerships · 1 expansion |
| 8 | Matter Energy Provider of mobility, stationary, and customized products for energy storage 62Growth top 22%Moat top 25%Talent top 28%Funding top 36% All 7 signals ▾Growthtop 22% Moattop 25% Talenttop 28% Fundingtop 36% Markettop 47% Globalbottom 39% Fin. healthbottom 36% Growth: Headcount 410 → 522 (+27%) across vintages · Revenue +67% YoY Moat: Top 28% by revenue among 393 tracked Energy Storage Tech companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 62/100 | $1M FY2025 | $53M | 25 mo ago | +67% | — | — | — |
| 9 | Evnity - EV Charging Management Software Provider of EV charging software and fleet management solution | $665K FY2025 | — | — | -13% | — | — | — |
| 10 | i-elektrik Provider of electric vehicle chargers | $310K FY2025 | — | — | -6% | — | — | — |
| 11 | Tirex chargers Manufacturer of alternating current and direct current electric vehicle chargers | $272K FY2025 | $2M | 51 mo ago | -22% | Webflowcore-jsjQuery+11 | Top 10M | — |
| 12 | BU4 Auto Platform offering electric scooters | $250K FY2024 | $1M | 16 mo ago | +6% | WordPress Block EditorElementorCart Functionality+25 | Top 5M | 4 job openings |
Top 12 Electric Vehicles companies in Ahmedabad
#1
Series B · Ahmedabad, Gujarat · founded 2019 · 450 employees$44.7Mraised▾
Developer of geared electric motorcycles and EV energy solutions. The company builds India’s first geared electric motorbike platform, led by its Aera model, combining a liquid‑cooled battery pack, manual gearbox, and connected features to offer a familiar yet electrified riding experience. It follows a vertically integrated approach to design in‑house powertrains, battery systems, and control electronics, and is expanding into broader energy storage and EV technology solutions from its manufacturing hub.
- Jun 2025Series B$7.2M
- Dec 2024Series B$12.5M
- May 2024Series B$35M
- Jan 2024Series A$4.1M
#2
Series A · Ahmedabad, Gujarat · founded 2021$4.2Mraised▾
Manufacturer of electric vehicle components and embedded systems. This company designs and produces key EV components, including battery management systems, chargers, and motor controllers. Additionally, it offers embedded systems design and development services for various industries, encompassing hardware, firmware, and software solutions. The services extend across the entire product lifecycle, from initial design to manufacturing and certification. Their expertise also includes analog and wireless design, FPGA engineering, and IoT hardware development.
- Mar 2026Series A$4.2M
#3
Unfunded · Ahmedabad, Gujarat · founded 2019 · 522 employees$52.7Mraised▾
Provider of mobility, stationary, and customized products for energy storage. It provides solutions for stationary energy storage, energy management needs, and battery packs. The platform offers mobility batteries, stationary batteries, lithium ion batteries, and more.
#4
Seed · Ahmedabad, Gujarat · founded 2023$412.4Kraised▾
Manufacturer of synchronous reluctance motors and motor control technology. The company provides energy-efficient electric motors designed for simplicity and scalability. Its product line includes motor configurations suitable for applications such as HVAC systems, robotics, and automation. The company's motors offer energy efficiency, temperature control, and integration capabilities.
- Oct 2025Seed$341.5K
- Aug 2024Seed$70.8K
#5
Seed · Ahmedabad, Gujarat · founded 2022 · 11 employees$1.5Mraised▾
Platform offering electric scooters. It is an electric two-wheeler manufacturing company with utilizes sustainability technology. It features plug and kick start, built-in leg space, LED displays, cruise control, color variability, and more.
- Mar 2025Seed$657.5K
- Feb 2025Seed$834.3K
#6
Seed · Ahmedabad, Gujarat · founded 2021$794.4Kraised▾
Manufacturer of smart EV charging hardware and integrated infrastructure services. The organization produces AC and DC electric vehicle chargers for residential, commercial, and fleet applications, including units compatible with multiple vehicle categories. It provides project consultation to assess charging needs, technical design services to plan charger placement and electrical integration, and development support to install and configure charging stations. The company also offers ongoing maintenance services to ensure chargers remain operational, covering preventive checks, corrective repairs, and software updates. Its offerings include hardware that supports networked control and monitoring through software interfaces, enabling remote management of charging operations. Services are delivered across the full lifecycle of charging infrastructure projects, from initial evaluation through deployment and upkeep.
- Sep 2025Seed$794.4K
#7
Late Stage · Ahmedabad, Gujarat · founded 2020 · 60 employees$4.1Mraised▾
Manufacturer of electric rickshaws. The company develops vehicles with features that includes lithium-ion batteries, LCD display, and more.
- May 2024Post IPO$4.1M
#8
Acquired · Ahmedabad, Gujarat · founded 2017 · 9 employees$2Mraised▾
Manufacturer of alternating current and direct current electric vehicle chargers. The company designs and produces a range of charging solutions. These products cater to diverse electric vehicle charging needs. The company focuses on versatile designs for integration in various settings. They offer single and dual outlet configurations.
- Apr 2022Seed$2M
#9
Seed · Ahmedabad, Gujarat · founded 2021$25.2Kraised▾
Online platform offering the listings and comparison of electric two-wheelers. The platform allows users to search for electric two-wheelers like scooters and motorcycles based on city, brand, budget, speed, range, and more. It offers other features like comparison, reviews, contact details of dealers, and more.
- Feb 2023Seed—
- Aug 2022Seed$25.2K
#10
Funding Raised · Ahmedabad, Gujarat · founded 2017$48.3Kraised▾
Developer of electric kick scooters. The company offers electrical mobility subscriptions for gated communities, commercial places and leisure spots. It also provides charging and docking stations.
#11
Seed · Ahmedabad, Gujarat · founded 2022—raised▾
Developer of redox flow batteries and electric vehicle charging solutions. The company focuses on advancing energy storage technology for renewable energy integration. It offers systems for residential, commercial, and public applications. The company also provides energy management systems and related services.
- May 2024Seed—
#12
Funding Raised · Ahmedabad, Gujarat · founded 2019—raised▾
Provider of portable electric vehicle fast charging and solar charging solutions. The company offers hardware technology platforms for energy delivery to electric vehicles. These platforms provide options for fast charging and renewable energy integration. The company's products aim to address constraints related to charging availability and accessibility.
- May 2024Grant (prize money)—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Electric Vehicles coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Who's building electric vehicles IP in Ahmedabad
- Billion Electric Mobility78Ahmedabad
- Petroexcel Technology Services10Ahmedabad
- Scribal Tech Services2Ahmedabad
- Siemens1Ahmedabad
- Adani New Industries1Ahmedabad
- Axis Solutions1Ahmedabad
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.