Company lists
The Delhi edition · 2026

Electric vehiclescompanies in Delhi

Two & three wheelers, commercial vehicles, charging, batteries, rental & leasing and more: the companies building electric vehicles in Delhi, Delhi, with their founders, funding, team size and business models.

176 company profiles72 with reported revenue29 with recorded fundingOctober 2026 edition
Delhi · 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: 113 funding rounds · 72 Contracts · 67 launches · 45 M&A deals. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

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
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
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
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 Delhi, by revenue

Browse electric vehicles companies in Delhi by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 72 electric vehicles companies in Delhi, Delhi 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 50

Manufacturer of solar inverters, solar batteries, EV chargers, and LEDs

Energy storage tech
₹676.80 crFY 2024-25
+91%2024–2025
517+64% 12 mo to Jun 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months · last posted Jun 2026

Manufacturer of electric auto rickshaws and scooters

Electric vehicles
₹373.22 crFY 2024-25
-1%2024–2025
190-22% 12 mo to Jul 2023LinkedIn · Jul 2026
15 yr2011
0none in 3 months · last posted Jan 2026

Provider of lithium ion batteries for EVs

Electric vehicles
₹303.50 crFY 2023-24
-51%2023–2024
365+78% 12 mo to Aug 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Platform offering operator of battery-swapping network for electric vehicles and related services

Electric vehicles
₹278.83 crFY 2024-25
+49%2024–2025
1,074+57% 12 mo to Jul 2024LinkedIn · Jul 2026
7 yr2019
5postings · last posted Sep 2026

Manufacturer of electric commercial vehicles and TCO calculation service

Electric vehicles
₹206.00 crFY 2024-25
Not reported
1,377+3% 12 mo to Aug 2024LinkedIn · Jul 2026
8 yr2018
7postings · last posted Sep 2026

Developer of lithium battery technology for mobility and energy storage

Energy storage tech
₹205.73 crFY 2024-25
+6%2024–2025
266+46% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Developer of electric two-wheelers

Electric vehicles
₹199.68 crFY 2023-24
-46%2023–2024
289+3% 12 mo to Sep 2024recorded Sep 2024
6 yr2020
0none in 3 months

Manufacturer of high-protective industrial paints and coatings

Electric vehicles
₹161.78 crFY 2022-23
Not reported
249-11% 12 mo to Sep 2024recorded Sep 2024
12 yr2014
0none in 3 months

Provider of electric scooters, scootys, and electric bikes

Electric vehicles
₹153.44 crFY 2024-25
+21%2024–2025
—Not available
39 yr1987
0none in 3 months

Digital lending platform providing loans for electric vehicle drivers

Alternative lending
₹132.44 crFY 2024-25
+68%2024–2025
298+160% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Jul 2026

Provider of charging connectors for electric vehicles

Energy storage tech
₹124.59 crFY 2024-25
+9%2024–2025
14LinkedIn · Jul 2026
38 yr1988
0none in 3 months

Manufacturer of electric rickshaws, e-autos, and e-cargo vehicles

Electric vehicles
₹124.13 crFY 2024-25
+23%2024–2025
2-6% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
1postings · last posted Aug 2026

Manufacturer of electric scooters, electric rickshaws, electric loaders, and electric garbage vehicles

Electric vehicles
₹84.01 crFY 2024-25
+33%2024–2025
96+14% 12 mo to Jan 2024recorded Jan 2024
10 yr2016
0none in 3 months

Provider of electric vehicle leasing and lifecycle management solutions

Road transport tech
₹63.40 crFY 2024-25
Not reported
116LinkedIn · Jul 2026
6 yr2020
1postings · last posted Sep 2026

Manufacturer of electric three-wheelers

Electric vehicles
₹55.70 crFY 2024-25
+40%2024–2025
21+31% 12 mo to Sep 2024recorded Sep 2024
13 yr2013
0none in 3 months

Manufacturer of electric rickshaws and related vehicle components and accessories

Electric vehicles
₹51.06 crFY 2024-25
+4%2024–2025
5LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Developer of electric scooters

Electric vehicles
₹44.10 crFY 2024-25
+27%2024–2025
82LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Manufacturer of rigid plastic packaging and injection-molded containers

Electric vehicles
₹34.47 crFY 2024-25
-41%2024–2025
8LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Manufacturer of electric three-wheelers and electric two-wheelers for cargo and passengers

Electric vehicles
₹32.05 crFY 2024-25
+29%2024–2025
339+181% vs previous recordLinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Nov 2024

Provider of electric vehicle charging infrastructure and related support services

Energy storage tech
₹31.96 crFY 2024-25
+17%2024–2025
120+26% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Platform offering motors for multi-category electric-three wheelers

Electric vehicles
₹31.17 crFY 2024-25
+92%2024–2025
53+460% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months

New Energy Solutions | New Delhi | Semco Infratech

Manufacturing tech
₹31.04 crFY 2024-25
+9%2024–2025
98LinkedIn · Jul 2026
20 yr2006
0none in 3 months · last posted Jul 2026

Developer of electric rickshaws

Electric vehicles
₹30.40 crFY 2024-25
-10%2024–2025
8-20% 12 mo to Sep 2024recorded Sep 2024
6 yr2020
0none in 3 months

Developer of mobile applications and software solutions for various platforms

Electric vehicles
₹23.40 crFY 2024-25
+3%2024–2025
16+0% 12 mo to Sep 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Provider of EV charging infrastructure network operators

Electric vehicles
₹22.04 crFY 2024-25
-2%2024–2025
49+29% 12 mo to Aug 2023LinkedIn · Jul 2026
7 yr2019
1postings · last posted Sep 2026
50 of 176 companies shown here · the full list is on Radar
Fliar Radar

Explore all 176 electric vehicles companies in Delhi on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open electric vehicles in Delhi on Radar
  • Every company, not just 50All 176 electric vehicles companies in Delhi, 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.
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Explore electric vehicles companies in Delhi by what you are looking for

Browse electric vehicles companies in Delhi, from electric two-wheeler and commercial vehicle makers to charging and battery providers. Find electric vehicle manufacturers, EV startups and the top electric vehicles companies in Delhi.

8 ways to explore electric vehicles in Delhi

Electric two-wheeler & three-wheeler manufacturersElectric commercial & cargo vehicle makersEV charging station & charger companiesEV battery & battery swapping companiesEV rental, leasing & ride-sharing companiesEV components, motors & aftersales service companies

Electric two-wheeler & three-wheeler manufacturers

Makers of electric scooters, motorcycles, bicycles and e-rickshaws.

  1. Saera Electric Auto

    Manufacturer of electric auto rickshaws and scooters

    Electric vehicles
    See in list
  2. Euler Motors

    Manufacturer of electric commercial vehicles and TCO calculation service

    Electric vehicles
    See in list
  3. OPG Mobility

    Developer of electric two-wheelers

    Electric vehicles
    See in list
  4. Mini-Metro

    Manufacturer of high-protective industrial paints and coatings

    Electric vehicles
    See in list
  5. Sathi Motors Electric Vehicle

    Manufacturer of electric three-wheelers

    Electric vehicles
    See in list

Electric commercial & cargo vehicle makers

Electric light commercial vehicles, delivery vehicles and cargo three-wheelers.

  1. Saera Electric Auto

    Manufacturer of electric auto rickshaws and scooters

    Electric vehicles
    See in list
  2. Euler Motors

    Manufacturer of electric commercial vehicles and TCO calculation service

    Electric vehicles
    See in list
  3. Mini-Metro

    Manufacturer of high-protective industrial paints and coatings

    Electric vehicles
    See in list
  4. Alt Mobility

    Provider of electric vehicle leasing and lifecycle management solutions

    Road transport tech
    See in list
  5. Sathi Motors Electric Vehicle

    Manufacturer of electric three-wheelers

    Electric vehicles
    See in list

EV charging station & charger companies

Charging stations, chargers and charging network operators.

  1. Servoteh

    Manufacturer of solar inverters, solar batteries, EV chargers, and LEDs

    Energy storage tech
    See in list
  2. Trontek

    Provider of lithium ion batteries for EVs

    Electric vehicles
    See in list
  3. Battery Smart

    Platform offering operator of battery-swapping network for electric vehicles and related services

    Electric vehicles
    See in list
  4. Inverted Energy

    Developer of lithium battery technology for mobility and energy storage

    Energy storage tech
    See in list
  5. KOMAKI ELECTRIC VEHICLE DIVISON

    Provider of electric scooters, scootys, and electric bikes

    Electric vehicles
    See in list

EV battery & battery swapping companies

Lithium-ion batteries, battery management systems and battery swapping networks.

  1. Servoteh

    Manufacturer of solar inverters, solar batteries, EV chargers, and LEDs

    Energy storage tech
    See in list
  2. Trontek

    Provider of lithium ion batteries for EVs

    Electric vehicles
    See in list
  3. Battery Smart

    Platform offering operator of battery-swapping network for electric vehicles and related services

    Electric vehicles
    See in list
  4. Inverted Energy

    Developer of lithium battery technology for mobility and energy storage

    Energy storage tech
    See in list
  5. Chargeup

    Platform offering electric vehicle charging station network operators

    Energy storage tech
    See in list

EV rental, leasing & ride-sharing companies

Electric vehicle rentals, subscriptions, leasing and shared electric mobility.

  1. Alt Mobility

    Provider of electric vehicle leasing and lifecycle management solutions

    Road transport tech
    See in list
  2. Baaz

    Provider of electric scooters and battery swapping network for deliveries

    Road transport tech
    See in list
  3. Eprakriti

    Provider of the electric car rental and charging station solutions

    Road transport tech
    See in list
  4. SmartE

    Online platform offering electric three‑wheeler ride-hailing and shared rides services

    Road transport tech
    See in list
  5. VA-YU

    Online e-scooter rental service

    Electric vehicles
    Website

EV components, motors & aftersales service companies

Electric motors, powertrain parts, EV finance, repair and listing platforms.

  1. RevFin

    Digital lending platform providing loans for electric vehicle drivers

    Alternative lending
    See in list
  2. Alt Mobility

    Provider of electric vehicle leasing and lifecycle management solutions

    Road transport tech
    See in list
  3. TSUYO

    Platform offering motors for multi-category electric-three wheelers

    Electric vehicles
    See in list
  4. Urja Mobility

    Platform offering battery leasing solutions for electric vehicles

    Electric vehicles
    See in list
  5. Quanteon World

    Platform offering electric motors for multiple categories of electric vehicles

    Auto components
    See in list

Electric vehicle startups in Delhi

Newer electric vehicles companies in Delhi founded in recent years.

  1. e-Sprinto

    EV two wheeler manufacturer

    Electric vehicles
    See in list
  2. Urja Mobility

    Platform offering battery leasing solutions for electric vehicles

    Electric vehicles
    See in list
  3. ONZO

    Manufacturer of electric scooters

    Electric vehicles
    See in list
  4. Erisha E Mobility

    Manufacturer of electric two, three-wheelers, cargo vehicles, buses, and charging solutions

    Electric vehicles
    See in list
  5. ChargeSol

    Charging management system

    Electric vehicles
    See in list
35 companies in Delhi

Electric vehicles companies hiring in Delhi

Electric vehicles companies in Delhi with open roles right now.

  1. Servoteh

    Manufacturer of solar inverters, solar batteries, EV chargers, and LEDs

    Energy storage tech
    See in list
  2. Saera Electric Auto

    Manufacturer of electric auto rickshaws and scooters

    Electric vehicles
    See in list
  3. Battery Smart

    Platform offering operator of battery-swapping network for electric vehicles and related services

    Electric vehicles
    See in list
  4. Euler Motors

    Manufacturer of electric commercial vehicles and TCO calculation service

    Electric vehicles
    See in list
  5. RevFin

    Digital lending platform providing loans for electric vehicle drivers

    Alternative lending
    See in list
15 companies in Delhi
Mobile reach

Top 10 electric vehicles apps from Delhi

The most-installed Android apps published by electric vehicles companies headquartered in Delhi — 782K installs between them. 24 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
2

Revfin

by RevFin

Installs275K
Rating4.21K ratings
Last updatedMar 2026
View on Google Play ↗
Revfin screenshot 1Revfin screenshot 2Revfin screenshot 3Revfin screenshot 4Revfin screenshot 5
6

Servotech EV Charging

by Servoteh

Installs12K
Rating—
Last updatedNov 2025
View on Google Play ↗
Servotech EV Charging screenshot 1Servotech EV Charging screenshot 2Servotech EV Charging screenshot 3Servotech EV Charging screenshot 4Servotech EV Charging screenshot 5Servotech EV Charging screenshot 6
9

Chargeup-Hero App

by Chargeup

Installs3K
Rating—
Last updatedMay 2026
View on Google Play ↗
Chargeup-Hero App screenshot 1Chargeup-Hero App screenshot 2Chargeup-Hero App screenshot 3Chargeup-Hero App screenshot 4Chargeup-Hero App screenshot 5Chargeup-Hero App screenshot 6
The business behind the activity

Electric vehicles financials in Delhi

Revenue, profit and growth from the filed annual accounts of 63 electric vehicles companies in Delhi, Delhi for FY24-25 — 84 of the 176 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 62% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹2,473.83 cr

63 companies filing accounts

combined net profit−₹226.75 cr

-9.2% aggregate margin

are profitable59%

37 of 63 companies

median revenue~₹4.8 cr

the typical company

median revenue growth+20%

into FY24-25

earned by the top five62%

revenue concentration

Six-year view

Combined revenue of filing companies

₹527.79 crFY19-2045 filers
₹525.28 crFY20-2152 filers
₹1,407.69 crFY21-2255 filers
₹2,711.04 crFY22-2362 filers
₹2,831.99 crFY23-2466 filers
₹2,473.83 crFY24-2563 filers

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

Like-for-like

The same 48 companies over three years

+56%
FY22-23₹1,478.46 cr−₹173.04 cr net
FY23-24₹1,866.82 cr−₹250.20 cr net
FY24-25₹2,312.28 cr−₹240.30 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 cr2025% profitable
₹1–10 cr1471% profitable
₹10–100 cr2273% profitable
₹100–1,000 cr786% 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

Shrinking16
0–20%12
20–50%10
50–100%6
Doubled+12

56 companies with accounts for both years; median growth +20%.

Profitability

Profit is concentrated at the top

37profitable
26loss-making
-9.2%aggregate margin
0.4%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
BaazELEC TORQ TECHNOLOGIES PRIVATE LIMITED
ChargeupE-CHARGEUP SOLUTIONS PRIVATE LIMITED
MoovingMOOVING SMART MOBILITY AND ENERGY PRIVATE LIMITED
TSUYOTSUYO MANUFACTURING PRIVATE LIMITED+92%₹31.17 cr
ServotehSERVOTECH RENEWABLE POWER SYSTEM LIMITED+92%₹589.11 cr
EprakritiPRAKRITI E-MOBILITY PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Semco InfratechSEMCO INFRATECH PRIVATE LIMITED18.4%₹31.04 cr
Alt MobilityAlt Nrg Private Limited15.7%₹20.69 cr
XenergiaXENERGIA POWER SOLUTIONS PRIVATE LIMITED11.0%₹12.24 cr
Victory Electric InternationalVICTORY ELECTRIC VEHICLES INTERNATIONAL LIMITED10.2%₹51.06 cr
Deltic AutocorpDELTA AUTOCORP LIMITED10.0%₹84.01 cr
ElectriVaZIVAH INTERNATIONAL PRIVATE LIMITED7.4%₹22.94 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Electric vehicles35₹1,348.94 cr~₹8.6 cr71%-13.7%
Energy storage tech18₹1,012.39 cr~₹3.7 cr44%0.2%
Road transport tech5₹61.81 cr~₹17.9 cr60%-50.7%
Leaders

Largest electric vehicles companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
ServotehSERVOTECH RENEWABLE POWER SYSTEM LIMITED₹589.11 cr₹33.47 cr5.7%+92%
Saera Electric AutoSAERA ELECTRIC AUTO LIMITED₹373.22 cr₹24.40 cr6.5%-1%
Inverted EnergyINVERTED ENERGY PRIVATE LIMITED₹205.73 cr₹9.97 cr4.8%+6%
Euler MotorsEULER MOTORS PRIVATE LIMITED₹205.60 cr−₹203.27 cr-98.9%+16%
KOMAKI ELECTRIC VEHICLE DIVISONKLB KOMAKI PRIVATE LIMITED₹153.44 cr₹4.99 cr3.3%+21%
IngarINGAR ELECTRONICS PRIVATE LIMITED₹124.59 cr₹2.91 cr2.3%+9%
Thukral Electric BikesTHUKRAL ELECTRIC BIKES PRIVATE LIMITED₹124.13 cr₹1.56 cr1.3%+23%
Deltic AutocorpDELTA AUTOCORP LIMITED₹84.01 cr₹8.40 cr10.0%—
Sathi Motors Electric VehicleSATHI MOTORS ELECTRIC VEHICLE PRIVATE LIMITED₹55.70 cr₹44.59 lakh0.8%+40%
Victory Electric InternationalVICTORY ELECTRIC VEHICLES INTERNATIONAL LIMITED₹51.06 cr₹5.19 cr10.2%+4%
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 Delhi

The financials above are one chapter. The full electric vehicles landscape of Delhi 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 Delhi
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 Delhi 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 Delhi

29 electric vehicles companies in Delhi have recorded equity funding, US$1.55bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Delhi

Meet the people behind electric vehicles companies in Delhi. 117 of 176 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Delhi electric vehicles companies by sub-sector

The most common specialisations among electric vehicles companies in Delhi. 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