Company lists
The Pune edition · 2026

Electric vehiclescompanies in Pune

EV makers, charging, batteries, components, rentals and more: the companies building electric vehicles in Pune, Maharashtra, with their founders, funding, team size and business models.

106 company profiles54 with reported revenue21 with recorded fundingOctober 2026 edition
Pune · 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 acquires Cymotive

KPIT to acquire majority stake Israeli cyber security company Cymotive

Cyber security
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 Pune, by revenue

Browse electric vehicles companies in Pune 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 54 electric vehicles companies in Pune, Maharashtra 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

Autonomous driving solutions for vehicles

Electric vehicles
₹6,009.67 crFY 2024-25
+22%2024–2025
16,859+13% 12 mo to Sep 2024LinkedIn · Oct 2026
36 yr1990
1postings · last posted Aug 2026

Manufacturer of electric vehicle powertrains, battery systems, and energy storage

Auto components
₹258.04 crFY 2024-25
-28%2024–2025
307+22% 12 mo to Aug 2024LinkedIn · Oct 2026
9 yr2017
0none in 3 months · last posted Apr 2026

Manufacturer of electric buses trucks and small commercial transport vehicles

Electric vehicles
₹242.22 crFY 2024-25
+335%2024–2025
1,113+83% 12 mo to Sep 2024LinkedIn · Oct 2026
7 yr2019
0none in 3 months

Manufacturer of electric scooters, three-wheelers, and golf carts for transportation

Electric vehicles
₹220.32 crFY 2024-25
-25%2024–2025
1+17% 12 mo to Aug 2024LinkedIn · Oct 2026
16 yr2010
0none in 3 months

Platform offering heavy duty trucks

Electric vehicles
₹141.87 crFY 2024-25
Not reported
159+26% 12 mo to Mar 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Electric vehicle company offering a range of premium e-bikes and accessories

Electric vehicles
₹118.50 crFY 2024-25
-8%2024–2025
263-18% vs previous recordLinkedIn · Oct 2026
6 yr2020
4postings · last posted Sep 2026

Manufacturer of automotive vehicles, components, and customized logistics supply chain solutions

Electric vehicles
₹117.75 crFY 2024-25
+13547%2024–2025
52LinkedIn · Jul 2026
3 yr2023
0none in 3 months

Developer of electric scooters

Electric vehicles
₹111.93 crFY 2024-25
-35%2024–2025
228+98% vs previous recordrecorded
26 yr2000
0none in 3 months

Provider of lithium-ion battery and energy storage solutions

Electric vehicles
₹105.26 crFY 2024-25
+429%2024–2025
193+84% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of electric vehicle charging solutions

Energy storage tech
₹70.53 crFY 2024-25
+1%2024–2025
1-2% 12 mo to Sep 2024LinkedIn · Oct 2026
4 yr2022
0none in 3 months

Provider of high performance electric vehicles and charging infrastructure manufacturing solutions

Electric vehicles
₹59.57 crFY 2023-24
Not reported
118+8% 12 mo to Apr 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Manufacturer of electric vehicle powertrains and high-efficiency synchronous industrial motors

Electric vehicles
₹50.65 crFY 2024-25
+55%2024–2025
119+44% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of battery swapping for electric two- and three-wheelers to support urban mobility

Energy storage tech
₹30.92 crFY 2024-25
Not reported
110LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Jul 2025

Weber Drivetrain - Manufacturing of Electric motors and controllers

Auto components
₹11.81 crFY 2024-25
-12%2024–2025
20LinkedIn · Jul 2026
5 yr2021
1postings · last posted Sep 2026

Manufacturer electric conversion kits for trucks

Electric vehicles
₹11.18 crFY 2024-25
-74%2024–2025
169+4% 12 mo to Jan 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Manufacturer of lithium-ion based battery packs for electric vehicles

Energy storage tech
₹9.46 crFY 2024-25
-25%2024–2025
23+4% 12 mo to Sep 2024LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Manufacturer of battery technology for energy storage and electric vehicles

Electric vehicles
₹8.92 crFY 2024-25
+287%2024–2025
134+200% 12 mo to Jul 2023LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted Dec 2024

Provider of electric two-wheeler rental platform

Electric vehicles
₹8.01 crFY 2022-23
+529%2022–2023
21+49% vs previous recordLinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Jul 2019

Manufacturer of battery management systems and controllers for electric vehicles

Energy storage tech
₹7.38 crFY 2024-25
+28%2024–2025
71+4% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Developer of electric bikes and scooters

Electric vehicles
₹6.46 crFY 2021-22
Not reported
—Not available
7 yr2019
—No postings tracked

Developer of multi-category electric vehicles

Electric vehicles
₹5.29 crFY 2024-25
+82%2024–2025
—Not available
8 yr2018
0none in 3 months

Provider of electric vehicle chargers

Electric vehicles
₹4.45 crFY 2024-25
+104%2024–2025
—Not available
9 yr2017
0none in 3 months

Platform offering battery rental and ownership programs for electric vehicles

Electric vehicles
₹3.55 crFY 2024-25
+48%2024–2025
55+17% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
3postings · last posted Sep 2026

Manufacturer of electric vehicle chargers and charging management software solutions

Energy storage tech
₹3.19 crFY 2024-25
+28%2024–2025
21-36% 12 mo to Sep 2024recorded Sep 2024
8 yr2018
0none in 3 months

Provider of white-label EV charging management software

Energy storage tech
₹2.71 crFY 2024-25
+3378%2024–2025
17LinkedIn · Jul 2026
2 yr2024
0none in 3 months
50 of 106 companies shown here · the full list is on Radar
Fliar Radar

Explore all 106 electric vehicles companies in Pune on Radar

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

Open electric vehicles in Pune on Radar
  • Every company, not just 50All 106 electric vehicles companies in Pune, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
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Explore electric vehicles companies in Pune by what you are looking for

Browse top electric vehicles companies in Pune, from two-wheeler and commercial vehicle makers to charging and battery businesses. You can also find electric vehicle startups in Pune and companies that are hiring.

7 ways to explore electric vehicles in Pune

Electric vehicle manufacturers (scooters, cars & commercial vehicles)EV charging solutions & station networksEV battery & energy storage companiesEV powertrain & component suppliersElectric vehicle rental, subscription & delivery fleetsElectric vehicle startups in Pune

Electric vehicle manufacturers (scooters, cars & commercial vehicles)

Companies that build electric scooters, motorcycles, cars, buses and trucks.

  1. Electra EV

    Manufacturer of electric vehicle powertrains, battery systems, and energy storage

    Auto components
    See in list
  2. EKA

    Manufacturer of electric buses trucks and small commercial transport vehicles

    Electric vehicles
    See in list
  3. Kinetic Green

    Manufacturer of electric scooters, three-wheelers, and golf carts for transportation

    Electric vehicles
    See in list
  4. Blue Energy Motors

    Platform offering heavy duty trucks

    Electric vehicles
    See in list
  5. EMotorad

    Electric vehicle company offering a range of premium e-bikes and accessories

    Electric vehicles
    See in list

EV charging solutions & station networks

Companies that make chargers and run charging station networks.

  1. BharatPlug

    Provider of electric vehicle charging solutions

    Energy storage tech
    See in list
  2. VoltUp

    Provider of battery swapping for electric two- and three-wheelers to support urban mobility

    Energy storage tech
    See in list
  3. Ioemas

    Provider of electric vehicle chargers

    Electric vehicles
    See in list
  4. BatteryPool

    Platform offering battery rental and ownership programs for electric vehicles

    Electric vehicles
    See in list
  5. Evoltsoft

    Provider of white-label EV charging management software

    Energy storage tech
    See in list

EV battery & energy storage companies

Makers of lithium-ion battery packs, battery management systems and swapping services.

  1. REPLUS Engitech

    Provider of lithium-ion battery and energy storage solutions

    Electric vehicles
    See in list
  2. VoltUp

    Provider of battery swapping for electric two- and three-wheelers to support urban mobility

    Energy storage tech
    See in list
  3. Ascend Power packs

    Manufacturer of lithium-ion based battery packs for electric vehicles

    Energy storage tech
    See in list
  4. BatteryPool

    Platform offering battery rental and ownership programs for electric vehicles

    Electric vehicles
    See in list
  5. Autoven

    Company specializing in creating technology solutions for the electric vehicle market

    Electric vehicles
    See in list

EV powertrain & component suppliers

Suppliers of electric motors, powertrains, controllers and conversion kits.

  1. KPIT

    Autonomous driving solutions for vehicles

    Electric vehicles
    See in list
  2. Electra EV

    Manufacturer of electric vehicle powertrains, battery systems, and energy storage

    Auto components
    See in list
  3. Matel

    Manufacturer of electric vehicle powertrains and high-efficiency synchronous industrial motors

    Electric vehicles
    See in list
  4. Weber Drivetrain

    Weber Drivetrain - Manufacturing of Electric motors and controllers

    Auto components
    See in list
  5. E-Vidyut

    Provider of tech-based services to convert gasoline rickshaws into electric rickshaws

    Electric vehicles
    See in list

Electric vehicle rental, subscription & delivery fleets

Platforms for renting or subscribing to electric bikes and scooters and for electric last-mile delivery.

  1. Exa Mobility

    Provider of electric two-wheeler rental platform

    Electric vehicles
    See in list
  2. eleRide

    Online platform offering electric scooter subscription services

    Auto e-commerce & content
    See in list
  3. eZpedal

    Worlds first electric bicycle rideshare on IEC Standard

    Road transport tech
    Website
  4. Urev

    Provider of last-mile delivery services through electric scooters

    Road transport tech
    Website
  5. Jeev mobility

    Online rental platform providing electric scooters

    Road transport tech
    Website

Electric vehicle startups in Pune

Newer electric vehicle companies in Pune founded in the last few years.

  1. Aeroeagle

    Manufacturer of automotive vehicles, components, and customized logistics supply chain solutions

    Electric vehicles
    See in list
  2. Weber Drivetrain

    Weber Drivetrain - Manufacturing of Electric motors and controllers

    Auto components
    See in list
  3. Ascend Power packs

    Manufacturer of lithium-ion based battery packs for electric vehicles

    Energy storage tech
    See in list
  4. Evoltsoft

    Provider of white-label EV charging management software

    Energy storage tech
    See in list
  5. NIKOL EV

    Platform offering electric vehicle chargers and charging station networks

    Electric vehicles
    See in list
29 companies in Pune

Electric vehicle companies hiring in Pune

Electric vehicle companies in Pune with open roles.

  1. KPIT

    Autonomous driving solutions for vehicles

    Electric vehicles
    See in list
  2. Electra EV

    Manufacturer of electric vehicle powertrains, battery systems, and energy storage

    Auto components
    See in list
  3. EMotorad

    Electric vehicle company offering a range of premium e-bikes and accessories

    Electric vehicles
    See in list
  4. VoltUp

    Provider of battery swapping for electric two- and three-wheelers to support urban mobility

    Energy storage tech
    See in list
  5. Weber Drivetrain

    Weber Drivetrain - Manufacturing of Electric motors and controllers

    Auto components
    See in list
15 companies in Pune
Mobile reach

Top 10 electric vehicles apps from Pune

The most-installed Android apps published by electric vehicles companies headquartered in Pune — 611K installs between them. 16 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Chetak

by Chetak

Installs430K
Rating—
Last updatedMay 2026
View on Google Play ↗
Chetak screenshot 1Chetak screenshot 2Chetak screenshot 3Chetak screenshot 4Chetak screenshot 5
3

SHRIDE - Electric Bike Rentals

by Shride

Installs50K
Rating—
Last updatedAug 2023
View on Google Play ↗
SHRIDE - Electric Bike Rentals screenshot 1SHRIDE - Electric Bike Rentals screenshot 2SHRIDE - Electric Bike Rentals screenshot 3SHRIDE - Electric Bike Rentals screenshot 4SHRIDE - Electric Bike Rentals screenshot 5SHRIDE - Electric Bike Rentals screenshot 6
4

goME - EV Charging Network

by goEgo

Installs23K
Rating—
Last updatedMay 2026
View on Google Play ↗
goME - EV Charging Network screenshot 1goME - EV Charging Network screenshot 2goME - EV Charging Network screenshot 3goME - EV Charging Network screenshot 4goME - EV Charging Network screenshot 5goME - EV Charging Network screenshot 6
7

TalentOjo

by KPIT

Installs7K
Rating—
Last updatedApr 2026
View on Google Play ↗
TalentOjo screenshot 1TalentOjo screenshot 2TalentOjo screenshot 3
8

SQRRL by GENEL

by Genesys

Installs3K
Rating—
Last updatedOct 2025
View on Google Play ↗
SQRRL by GENEL screenshot 1SQRRL by GENEL screenshot 2SQRRL by GENEL screenshot 3SQRRL by GENEL screenshot 4SQRRL by GENEL screenshot 5SQRRL by GENEL screenshot 6
9

EZPEDAL

by eZpedal

Installs2K
Rating—
Last updatedMay 2026
View on Google Play ↗
EZPEDAL screenshot 1EZPEDAL screenshot 2EZPEDAL screenshot 3EZPEDAL screenshot 4
The business behind the activity

Electric vehicles financials in Pune

Revenue, profit and growth from the filed annual accounts of 46 electric vehicles companies in Pune, Maharashtra for FY24-25 — 53 of the 106 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 86% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹3,951.09 cr

46 companies filing accounts

combined net profit₹3.52 cr

0.1% aggregate margin

are profitable29%

13 of 46 companies

median revenue~₹1.5 cr

the typical company

median revenue growth+27%

into FY24-25

earned by the top five86%

revenue concentration

Six-year view

Combined revenue of filing companies

₹1,232.31 crFY19-2016 filers
₹952.43 crFY20-2122 filers
₹1,732.38 crFY21-2229 filers
₹2,568.83 crFY22-2334 filers
₹3,388.46 crFY23-2441 filers
₹3,951.09 crFY24-2546 filers

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

Like-for-like

The same 32 companies over three years

+48%
FY22-23₹2,560.81 cr₹82.06 cr net
FY23-24₹3,360.36 cr₹169.18 cr net
FY24-25₹3,779.00 cr₹6.45 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 cr1916% profitable
₹1–10 cr1443% profitable
₹10–100 cr520% profitable
₹100–1,000 cr729% profitable
Over ₹1,000 cr1100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking14
0–20%3
20–50%9
50–100%4
Doubled+9

39 companies with accounts for both years; median growth +27%.

Profitability

Profit is concentrated at the top

13profitable
32loss-making
0.1%aggregate margin
-31.3%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
REPLUS EngitechREPLUS ENGITECH PRIVATE LIMITED+429%₹105.26 cr
VoltUpAMPUP ENERGY PRIVATE LIMITED+193%₹30.92 cr
MatelMATEL MOTION AND ENERGY SOLUTIONS PRIVATE LIMITED+55%₹50.65 cr
KPITKPIT TECHNOLOGIES LIMITED+27%₹2,645.93 cr
Kalyani PowertrainKALYANI POWERTRAIN LIMITED+21%₹11.18 cr
BharatPlugVIRTUOSO PROJECTS & ENGINEERS PRIVATE LIMITED+1%₹70.53 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
KPITKPIT TECHNOLOGIES LIMITED18.2%₹2,645.93 cr
ChetakBAJAJ AUTO TECHNOLOGY LIMITED14.9%₹111.93 cr
AeroeagleAEROEAGLE AUTOMOBILES PRIVATE LIMITED7.0%₹117.75 cr
BharatPlugVIRTUOSO PROJECTS & ENGINEERS PRIVATE LIMITED4.7%₹70.53 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Electric vehicles32₹3,553.12 cr~₹1.1 cr26%0.7%
Energy storage tech8₹125.46 cr~₹5.3 cr50%-3.6%
Leaders

Largest electric vehicles companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
KPITKPIT TECHNOLOGIES LIMITED₹2,645.93 cr₹481.84 cr18.2%+27%
Electra EVELECTRODRIVE POWERTRAIN SOLUTIONS PRIVATE LIMITED₹258.04 cr−₹9.60 cr-3.7%-28%
Kinetic GreenKINETIC GREEN ENERGY AND POWER SOLUTIONS LIMITED₹220.32 cr−₹80.05 cr-36.3%-25%
Blue Energy MotorsBLUE ENERGY MOTORS LIMITED₹141.87 cr−₹13.65 cr-9.6%-8%
EMotoradINKODOP TECHNOLOGIES PRIVATE LIMITED₹124.20 cr−₹53.09 cr-42.7%-2%
AeroeagleAEROEAGLE AUTOMOBILES PRIVATE LIMITED₹117.75 cr₹8.27 cr7.0%—
ChetakBAJAJ AUTO TECHNOLOGY LIMITED₹111.93 cr₹16.73 cr14.9%-35%
REPLUS EngitechREPLUS ENGITECH PRIVATE LIMITED₹105.26 cr−₹5.49 cr-5.2%+429%
BharatPlugVIRTUOSO PROJECTS & ENGINEERS PRIVATE LIMITED₹70.53 cr₹3.35 cr4.7%+1%
MatelMATEL MOTION AND ENERGY SOLUTIONS PRIVATE LIMITED₹50.65 cr−₹3.19 cr-6.3%+55%
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 India

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

21 electric vehicles companies in Pune have recorded equity funding, US$350.55m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Pune

Meet the people behind electric vehicles companies in Pune. 68 of 106 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Pune electric vehicles companies by sub-sector

The most common specialisations among electric vehicles companies in Pune. 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