Company lists
The Chennai edition · 2026

Electric vehiclescompanies in Chennai

Scooters & bikes, cars & commercial EVs, charging, components, mobility services and more: the companies building electric vehicles in Chennai, Tamil Nadu, with their founders, funding, team size and business models.

87 company profiles36 with reported revenue15 with recorded fundingOctober 2026 edition
Chennai · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent electric vehicles business events in India

Funding, M&A, contract wins and launches involving 2,153 electric vehicles companies in India, last 24 months: 112 funding rounds · 72 Contracts · 66 launches · 45 M&A deals. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

FundingSeries A

Tiea connectors

Tiea Connectors also stood out with Rs. 77 crore in Series A funding led by IvyCap Ventures. Jamwant Ventures, 8X Ventures and HNI angel investors also joined the round.

Investors Ivycap ventures, Jamwant Ventures, 8x ventures, HNI angel investors
High-performance connectors / deeptech
FundingInvestment

Olectra greentech

OLECTRA GREENTECH is lining up a fresh investment of nearly ₹700 crore as it looks to deepen localisation, expand its electric bus and truck portfolio.

Electric commercial vehicle
FundingQualified Institutions Placement

Ola electric

Ola Electric Mobility Limited announced today, June 1, 2026, that its Fund Raising Committee has approved the opening of a qualified institutions placement of equity shares.

M&AAcquisition · Announced

Kpit technologies acquires Cymotive

KPIT Technologies ... announced that it has entered into an agreement to acquire a majority stake (subject to achievement of specific milestones) in Cymotive, a leading automotive…

Automotive cybersecurity
M&AAcquisition · Announced

Kpit technologies acquires Maj Jorites Tech

KPIT Technologies announced on Wednesday that it is acquiring Maj Jorites Tech from Israeli firm Symotive to strengthen its capabilities in AI-based automotive cybersecurity.

AI-based automotive cybersecurity
Funding

River

Electric vehicle startup River is in talks to raise approximately $100 million in fresh funding, marking its largest capital infusion since its founding in 2021.

Investors Anicut capital, Claypond Capital, Elev8 venture partners
Electric Vehicle
FundingDebt financing

Battery smart

Battery Smart, India's leading EV battery swapping provider, has raised $15 million in debt financing. The funding round was led by Mirova, a French asset management firm focused on…

Investors Mirova
EV battery swapping
ContractSupply

Emni · client: Advantex Battery

EMNI announced on April 21 that it has signed a lithium‑ion cell supply contract ... with ADVANTEX Battery.

Battery
Funding

Sarla Aviation

Sarla Aviation and IndiGo have announced a strategic equity investment of ₹10 crore by IndiGo Ventures in Sarla Aviation.

Investors IndiGo Ventures
EVTOL, Urban Air Mobility
ContractSupply

Citroën · client: Cab-e

Citroën has signed a Memorandum of Understanding (MoU) with urban e-mobility firm Cab-E, to introduce over 2000 Citroën ë-C3 EVs in Cab-E’s fleet in the Mumbai and Pune region, this year.

Contract

Ashok leyland · client: Switch mobility

Ashok Leyland is also expected to invest up to $ 200 million (Rs 1,480 crore) in Switch Mobility of which $ 130 million (Rs 962 crore) has already been invested in the entity.

E-mobility
LaunchOtua

Dandera ventures

EV start-up Dandera Ventures today launched Otua, an electric three-wheeler designed for cargo transportation.

Electric three-wheeler
LaunchHiLoad EV

Euler motors

Electric commercial vehicle company Euler Motors today launched its first cargo three-wheeler, the HiLoad EV.

Electric commercial vehicle
Launch

Bijliride

Bijliride has introduced a software-as-a-service platform designed to help enterprises manage electric vehicle fleets, marking the startup's expansion into B2B technology solutions.

Fleet management
LaunchGreaves Eltra cargo e-three-wheeler

Greaves electric mobility

Greaves Electric Mobility has launched its latest three-wheeler, the Greaves Eltra cargo model targeted at last-mile logistics providers.

LaunchELCV

E-Trio

Telengana-based electric vehicle start-up e-Trio today launched India’s first certified retrofitted electric light commercial vehicle (eLCV).

Electric Light Commercial Vehicle
LaunchKinetic DX

Kinetic group

The launch of the Kinetic DX in the two‑wheeler EV segment is the most visible marker of this shift.

Two‑wheeler EV
ContractSupply

Olectra greentech · client: Brihan Mumbai Electric Supply & Transport Undertaking (BEST)

Olectra Greentech Ltd has been awarded a contract from Brihan Mumbai Electric Supply & Transport Undertaking (BEST) for supply of 2,400 electric buses.

Funding

Euler motors

Last month, electric commercial vehicle maker Euler Motors also raised ₹437.5 Cr in a round led by Lightrock, with participation from existing investors Hero MotoCorp and Blume Ventures.

M&AAcquisition · Announced

Tube Investments acquires Infraprime logistics technologies

Murugappa Group engineering company Tube investments of India acquired 65.2% stake in InfraPrime Logistics Technologies (IPLTech), a heavy-duty electric vehicle (EV) manufacturing…

Heavy-duty electric vehicle manufacturing startup
FundingSeries A

Bacancy Systems

Engineering startup Bacancy Systems raised $4.31 million in a Series A round.

Engineering
ContractGovernment

SCharge · client: Technology Development Board

the government body entered an agreement with Scharge Private Limited to develop a next‑generation electric vehicle charging solution for commercial fleet and depot operations under the…

Industrial sustainability, EV charging infrastructure
ContractInfrastructure

Dhabriya polywood · client: Indian Company

Dhabriya Polywood has received the work order worth Rs 34.81 crore (including GST) from Indian Company for Aluminium doors-windows & facade works.

Infrastructure
LaunchAther 450 series

Ather energy

With the Ather 450 series, the Bengaluru-based startup introduced connected dashboards, over-the-air updates, fast charging networks, and smart diagnostics.

Electric scooter
LaunchS1 range

Ola electric

Its S1 range brought electric scooters into mainstream discussion, combining design, performance, and app-based controls.

Electric scooter
FundingSeries A

Bacancy Systems

Bacancy Systems has raised ₹400 million in a Series A funding round led by Sabre Partners and Greenstone Capital, with both investors acquiring minority stakes through primary…

Embedded electronics and power systems for electric vehicles and railway applications
LaunchUV Space Station

Ultraviolette automotive

Ultraviolette Automotive announced the launch of a new UV Space Station in Nagpur, a significant step in expanding its retail and service network across emerging mobility markets in India.

Retail and Service Center
Funding

Pmi Electro Mobility

"KKR has made an investment of $310 million in PMI Electro Mobility, a manufacturer of e-buses); and Allfleet, a subsidiary of PMI that owns and operates e-bus concessions."

Investors Kkr
Electric commercial vehicle manufacturer
Funding

Ecofy

Ecofy, an NBFC focused on financing climate change solutions, raised Rs 380.5 crore ($41 million approx,) from BII and DAIF.

Investors Bii, DAIF
FinTech

Electric vehicles companies in Chennai, by revenue

Browse electric vehicles companies in Chennai by reported revenue, one-year revenue growth, revenue model, age and stage. The 36 companies below are the largest by their most recent reported revenue among 36 electric vehicles companies in Chennai, Tamil Nadu that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 36

Developer of multi-category electric commercial vehicles

Electric vehicles
£66.56mFY 2023-24
+190%2023–2024
953LinkedIn · Oct 2026
41 yr1985
0none in 3 months

Provider of electric vehicle retrofit kits, lithium-ion battery packs, and components

Electric vehicles
₹118.01 crFY 2024-25
+39%2024–2025
24LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Manufacturer of lithium batteries for e-scooters, e-rickshaws, e-drones, and energy storage

Energy storage tech
₹96.22 crFY 2023-24
Not reported
42LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Manufacturer of electric buses

Electric vehicles
₹11.02 crFY 2021-22
+125%2021–2022
4+76% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Manufacturer and supplier of batteries to OEMs

Electric vehicles
₹11.26 crFY 2022-23
Not reported
228-60% 12 mo to Sep 2024LinkedIn · Jul 2026
94 yr1932
0none in 3 months

Online platform providing electric delivery vehicle rental services

Electric vehicles
₹10.40 crFY 2023-24
Not reported
26+147% 12 mo to Apr 2024LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Provider of electric vehicle charging station

Energy storage tech
₹10.23 crFY 2024-25
+391%2024–2025
29LinkedIn · Jul 2026
17 yr2009
1postings · last posted Sep 2026

Provider of EV charging solutions and more

Electric vehicles
₹6.88 crFY 2024-25
+95%2024–2025
30LinkedIn · Jul 2026
39 yr1987
0none in 3 months

Provider of lightning protection systems and research services

Energy training and research services
₹6.34 crFY 2024-25
+30%2024–2025
28LinkedIn · Jul 2026
8 yr2018
0none in 3 months

App-based platform offering doorstep fuel delivery services

Electric vehicles
₹3.07 crFY 2023-24
Not reported
10LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Online platform offering EV charging stations and infrastructure solutions

Electric vehicles
₹2.66 crFY 2024-25
+117%2024–2025
36LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Developer of electric vertical takeoff and landing aircraft for urban air mobility

Flying cars
₹2.19 crFY 2024-25
+1817%2024–2025
187+38% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Jul 2026

Platform offering electric motorcycles

Electric vehicles
₹1.82 crFY 2024-25
+85%2024–2025
158LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of electric vehicle charging solutions

Energy storage tech
₹1.62 crFY 2024-25
+5132%2024–2025
—Not available
3 yr2023
0none in 3 months

Online platform offering EV charging products and management solutions

Energy storage tech
₹1.09 crFY 2024-25
+792%2024–2025
6LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Provider of electric vehicle charging and management solutions

Energy storage tech
₹1.03 crFY 2024-25
-49%2024–2025
13-56% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Developer of electric bicycles

Electric vehicles
₹97.98 lakhFY 2024-25
+234%2024–2025
13LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Saas & IoT enabled battery management products and solutions for electric vehicles

Electric vehicles
₹96.78 lakhFY 2024-25
-72%2024–2025
12-44% 12 mo to Jun 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Developer of micro vehicles designed for last-mile urban connectivity solutions

Electric vehicles
₹75.67 lakhFY 2024-25
Not reported
10LinkedIn · Jul 2026
3 yr2023
0none in 3 months

Operator of on-demand delivery services using independent contractors for transport

Electric vehicles
₹70.38 lakhFY 2024-25
+67%2024–2025
—Not available
8 yr2018
0none in 3 months

Developer of electric motobikes

Electric vehicles
₹69.56 lakhFY 2024-25
+92%2024–2025
12LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Developer of electric powered farm equipment and transportation solutions

Crop tech
₹22.89 lakhFY 2023-24
Not reported
5LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Platform offering powertrain system for commercial vehicles

Auto components
₹21.18 lakhFY 2022-23
+231%2022–2023
1LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Developer of electric vehicle & telematics technologies

Electric vehicles
₹15.14 lakhFY 2024-25
+52%2024–2025
7LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Tech-enabled end-to-end hardware and software solutions for electric vehicles

Auto components
₹13.98 lakhFY 2024-25
-38%2024–2025
8+26% 12 mo to Jun 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months
36 of 87 companies shown here · the full list is on Radar
Fliar Radar

Explore all 87 electric vehicles companies in Chennai on Radar

This page shows the top 36. Radar has the complete, filterable list with contacts and live company signals.

Open electric vehicles in Chennai on Radar
  • Every company, not just 50All 87 electric vehicles companies in Chennai, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore electric vehicles companies in Chennai by what you are looking for

Browse electric vehicles companies in Chennai, from electric scooter and bike makers to commercial EV manufacturers. You can also find EV charging companies, battery makers and electric vehicle startups in Chennai.

7 ways to explore electric vehicles in Chennai

Electric scooter & bike makersElectric car & commercial vehicle manufacturersEV charging & battery companiesEV components & powertrain suppliersElectric mobility, rental & delivery platformsElectric vehicle startups in Chennai

Electric scooter & bike makers

Companies building electric scooters, motorcycles and bicycles.

  1. RapteeHV

    Platform offering electric motorcycles

    Electric vehicles
    See in list
  2. Blaer Motors

    Developer of electric motobikes

    Electric vehicles
    See in list
  3. Raptee

    Manufacturer of electric motorcycles

    Electric vehicles
    See in list
  4. Aventose Energy

    Developer of renewable energy infrastructure projects focused on sustainable power generation

    Electric vehicles
    See in list
  5. Jedlik Motors

    Manufacturer of electric two-wheeler

    Electric vehicles
    See in list

Electric car & commercial vehicle manufacturers

Automakers producing electric cars, three-wheelers, buses and cargo vehicles.

  1. SWITCH

    Developer of multi-category electric commercial vehicles

    Electric vehicles
    See in list
  2. AWEV Solutions

    Provider of electric vehicle retrofit kits, lithium-ion battery packs, and components

    Electric vehicles
    See in list
  3. Tri Electric

    Manufacturer of electric buses

    Electric vehicles
    See in list
  4. Fullfily

    Online platform providing electric delivery vehicle rental services

    Electric vehicles
    See in list
  5. Relux Electric

    Provider of electric vehicle charging station

    Energy storage tech
    See in list

EV charging & battery companies

Providers of charging stations, chargers and batteries for electric vehicles.

  1. Relux Electric

    Provider of electric vehicle charging station

    Energy storage tech
    See in list
  2. Saryam

    Provider of EV charging solutions and more

    Electric vehicles
    See in list
  3. PLUGZmart

    Online platform offering EV charging stations and infrastructure solutions

    Electric vehicles
    See in list
  4. Incredible Engineering

    Online platform offering EV charging products and management solutions

    Energy storage tech
    See in list
  5. Esmito

    Saas & IoT enabled battery management products and solutions for electric vehicles

    Electric vehicles
    See in list

EV components & powertrain suppliers

Makers of motors, controllers, powertrains and conversion kits for electric vehicles.

  1. Aerostrovilos

    Platform offering powertrain system for commercial vehicles

    Auto components
    See in list
  2. Revoh

    Tech-enabled end-to-end hardware and software solutions for electric vehicles

    Auto components
    See in list
  3. Viridian Ingni Propulsion

    Manufacturer of electric motor for vehicles

    Electric vehicles
    See in list
  4. Visaiyon

    Developer of electric bikes

    Auto components
    Website
  5. Armor Grandeur

    Battery management system for electric vehicles

    Electric vehicles
    Website

Electric mobility, rental & delivery platforms

Platforms for EV rental, ride-hailing, fleet management and last-mile delivery.

  1. Fullfily

    Online platform providing electric delivery vehicle rental services

    Electric vehicles
    See in list
  2. GoFuel

    App-based platform offering doorstep fuel delivery services

    Electric vehicles
    See in list
  3. MOOEV Technologies

    Provider of holistic system engineering for electric heavy-duty vehicle commercialization

    Road transport tech
    See in list
  4. FYN Mobility

    Platform offering electric mobility solutions

    Road transport tech
    Website
  5. EZE Electric Mobility

    Mobile application for e-bike rental

    Electric vehicles
    Website

Electric vehicle startups in Chennai

Newer electric vehicle companies founded in the last few years.

  1. Fullfily

    Online platform providing electric delivery vehicle rental services

    Electric vehicles
    See in list
  2. ESYGO

    Provider of electric vehicle charging solutions

    Energy storage tech
    See in list
  3. Incredible Engineering

    Online platform offering EV charging products and management solutions

    Energy storage tech
    See in list
  4. Triox

    Developer of micro vehicles designed for last-mile urban connectivity solutions

    Electric vehicles
    See in list
  5. Viridian Ingni Propulsion

    Manufacturer of electric motor for vehicles

    Electric vehicles
    See in list
25 companies in Chennai

Electric vehicles companies hiring in Chennai

EV companies in Chennai with open roles right now.

  1. Relux Electric

    Provider of electric vehicle charging station

    Energy storage tech
    See in list
  2. E-plane

    Developer of electric vertical takeoff and landing aircraft for urban air mobility

    Flying cars
    See in list
  3. Raptee

    Manufacturer of electric motorcycles

    Electric vehicles
    See in list
  4. Nappinnai

    Electric mobility scooters

    Assistive tech
    See in list
  5. FYN Mobility

    Platform offering electric mobility solutions

    Road transport tech
    Website
6 companies in Chennai
Mobile reach

Top 10 electric vehicles apps from Chennai

The most-installed Android apps published by electric vehicles companies headquartered in Chennai — 177K installs between them. 12 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
6

ESYGO

by ESYGO

Installs6K
Rating—
Last updatedJun 2026
View on Google Play ↗
ESYGO screenshot 1ESYGO screenshot 2ESYGO screenshot 3ESYGO screenshot 4ESYGO screenshot 5ESYGO screenshot 6
9

Flowtrik Charge

by Flowtrik

Installs760
Rating—
Last updatedJan 2026
View on Google Play ↗
Flowtrik Charge screenshot 1Flowtrik Charge screenshot 2Flowtrik Charge screenshot 3Flowtrik Charge screenshot 4Flowtrik Charge screenshot 5Flowtrik Charge screenshot 6
The business behind the activity

Electric vehicles financials in Chennai

Revenue, profit and growth from the filed annual accounts of 31 electric vehicles companies in Chennai, Tamil Nadu for FY24-25 — 39 of the 87 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 90% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹179.13 cr

31 companies filing accounts

combined net profit−₹38.14 cr

-21.3% aggregate margin

are profitable39%

12 of 31 companies

median revenue~₹70 lakh

the typical company

median revenue growth+30%

into FY24-25

earned by the top five90%

revenue concentration

Six-year view

Combined revenue of filing companies

₹244.60 crFY19-2014 filers
₹277.08 crFY20-2124 filers
₹238.66 crFY21-2225 filers
₹289.88 crFY22-2327 filers
₹228.41 crFY23-2429 filers
₹179.13 crFY24-2531 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 21 companies over three years

+262%
FY22-23₹48.22 cr−₹33.60 cr net
FY23-24₹123.20 cr−₹52.71 cr net
FY24-25₹174.57 cr−₹36.31 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr1926% profitable
₹1–10 cr956% profitable
₹10–100 cr250% profitable
₹100–1,000 cr1100% profitable
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking11
0–20%1
20–50%2
50–100%5
Doubled+6

25 companies with accounts for both years; median growth +30%.

Profitability

Profit is concentrated at the top

12profitable
19loss-making
-21.3%aggregate margin
-51.6%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Relux ElectricRELUX ELECTRIC PRIVATE LIMITED+391%₹10.23 cr
Pi Beam LabsPI BEAM LABS PRIVATE LIMITED+84%₹22.40 cr
AWEV SolutionsAWEV SOLUTIONS PRIVATE LIMITED+36%₹115.07 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Relux ElectricRELUX ELECTRIC PRIVATE LIMITED3.0%₹10.23 cr
AWEV SolutionsAWEV SOLUTIONS PRIVATE LIMITED0.7%₹115.07 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Electric vehicles21₹156.33 cr~₹70 lakh38%-2.1%
Energy storage tech5₹14.10 cr~₹1.1 cr60%2.7%
Leaders

Largest electric vehicles companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
AWEV SolutionsAWEV SOLUTIONS PRIVATE LIMITED₹115.07 cr₹81.28 lakh0.7%+36%
Pi Beam LabsPI BEAM LABS PRIVATE LIMITED₹22.40 cr-51.6%+84%
Relux ElectricRELUX ELECTRIC PRIVATE LIMITED₹10.23 cr₹30.50 lakh3.0%+391%
SaryamSARYAM ENGINEERING PRIVATE LIMITED₹6.88 cr₹10.55 lakh1.5%+95%
CIKITCIKIT ELECTRICALS & TECHNOLOGIES INDIA PRIVATE LIMITED₹6.34 cr₹8.53 lakh1.3%+30%
PLUGZmartMERAS PLUGINS PRIVATE LIMITED₹2.66 cr−₹2.79 cr-104.9%+117%
Amco BatteriesAMCO BATTERIES LIMITED₹2.34 cr₹22.84 cr975.7%-46%
E-planeUBIFLY TECHNOLOGIES PRIVATE LIMITED₹2.19 cr−₹33.08 cr-1511.9%>10×
RapteeHVRAPTEE ENERGY PRIVATE LIMITED₹1.82 cr−₹4.62 cr-253.1%+85%
ESYGOESYGO POWER PRIVATE LIMITED₹1.62 cr₹3.80 lakh2.3%—
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Electric Vehicles Industry Landscape of Chennai

The financials above are one chapter. The full electric vehicles landscape of Chennai maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the electric vehicles landscape of Chennai
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Electric vehicles funding and M&A across India

989 recorded equity rounds have gone to 2,153 electric vehicles companies in India — how much, at which stage, into which sub-sectors, from whom, and how Chennai compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months38

US$377.01m

equity rounds, last 24 months154

US$1.96bn

raised over five yearsUS$6.64bn

732 rounds in India

M&A deals, India45

last 24 months

Capital by year

Equity funding into electric vehicles in India

amount rounds
$198m201843
$581m201969
$219m202066
$656m2021141
$1.9bn2022175
$1.5bn2023143
$720m2024148
$1.6bn2025104
$276m202621

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$1.92bn across 175 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$44.65m123 rounds · median US$122k
SeedUS$565.05m385 rounds · median US$487k
Series AUS$1.19bn133 rounds · median US$5.92m
Series BUS$1.03bn48 rounds · median US$15.00m
Series CUS$820.57m18 rounds · median US$29.19m
Series D+US$2.85bn23 rounds · median US$48.91m
Private equityUS$144.81m2 rounds · median US$144.81m
Where the money went · five years

Most-funded sub-sectors

Electric vehiclesUS$5.50bn455 rounds · 172 companies
Energy storage techUS$370.79m98 rounds · 41 companies
Road transport techUS$321.68m51 rounds · 15 companies
Alternative lendingUS$120.90m13 rounds · 7 companies
Logistics techUS$98.08m13 rounds · 4 companies
Smart citiesUS$44.35m4 rounds · 2 companies
Auto e-commerce & contentUS$44.33m21 rounds · 5 companies
Corporate activity · last 24 months

M&A in India

42Acquisition
2Merger
1Completed

Most active acquirers

  1. Kpit technologies16
  2. Jupiter Electric Mobility4
  3. A-1 Ltd3
  4. Blusmart2
  5. Vajram Electric2

Most acquired or merged

  1. A-1 sureja industries3
  2. Ather energy2
  3. Caresoft2
  4. Euler motors2
  5. Greenfuel energy solutions2

Each deal appears in the events strip at the top of the page.

Electric vehicles funding in Chennai

15 electric vehicles companies in Chennai have recorded equity funding, US$69.57m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Chennai

Meet the people behind electric vehicles companies in Chennai. 52 of 87 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Chennai electric vehicles companies by sub-sector

The most common specialisations among electric vehicles companies in Chennai. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring electric vehicles in India and nearby markets.

Coming soon