EMotorad

EMotorad

An electric vehicles company that strives to bring futuristic e-bikes at an affordable price for adventure seekers, daily commuters, or casual riders. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$80—120m (Dealroom.co estimates Nov 2023.)
Maharashtra India (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2021
Revenues<1m
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DateInvestorsAmountRound

$3.0m

Seed
*

$2.9m

Valuation: $15.0m

Seed
*

$20.0m

Series B
*
N/A

$2.5m

Debt
*

N/A

Angel
Total Funding$25.9m

Recent News about EMotorad

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More about EMotoradinfo icon
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EMotorad is a company specializing in the design and manufacture of high-tech electric bicycles. Catering to adventure enthusiasts and urban commuters alike, EMotorad offers a range of e-bikes that are suitable for various terrains, from highways to biking trails and even dunes. The company operates in the electric vehicle (EV) market, focusing on providing premium quality e-bikes at affordable prices. Its business model revolves around direct online sales, making it convenient for customers to purchase their products. Revenue is generated through the sale of these electric bicycles, which feature advanced components such as dual disc brakes, powerful batteries, and lightweight frames. EMotorad's target clients include young professionals, adventure seekers, and eco-conscious consumers looking for reliable and efficient mobility solutions. The company is led by a team of young EV enthusiasts and has already achieved significant sales milestones.

Keywords: electric bicycles, high-tech, adventure, urban commuting, affordable, premium quality, dual disc brakes, powerful batteries, lightweight frames, eco-conscious.

Investments by EMotorad

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Panine
ACQUISITION by EMotorad Feb 2022