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ALTIGREEN PROPULSION LABS PRIVATE LIMITED

Altigreen

U74900KA2013PTC067796

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 17, 2025
Key Metrics
  • No. of Employees249
  • Founded Year 2013
  • Company StagePrivate Limited Company
  • Total Funding₹358.39 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Altigreen

Altigreen is a leader in Electric Vehicle (EV) technology and solutions for Last Mile Transportation (LMT) through 2, 3 and 4 wheeled vehicles for commercial use.

Altigreen’s technology is specifically designed for Indian environmental and commercial conditions.Their technology results in EVs that compete in price and performance with Internal Combustion Engine (ICE) vehicles. In its drive towards Carbon Free Transportation, Altigreen’s first focus is on 3W auto-rickshaws for cargo and passengers, a US$ 6 billion market opportunity. The company offers both EV drivetrains and full vehicle assembly to OEMs.

Business Model

Altigreen is focused on the development and production of hybrid and electric powertrain solutions for the automotive industry. It provides a range of products and services including battery management systems, motor controllers, and vehicle integration services. Altigreen aims to reduce carbon emissions and promote sustainable mobility solutions.

Top Competitors
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Adapt MotorsU29253TG2015PTC101030
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EU
EulerU72900DL2015PTC275513
Altigreen Funding Details
Funding Highlights
Latest Funding RoundSeries A
Total Funding Raised₹358.39 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors3
Investors
  • Sixth Sense Ventures, Xponentia Capital, Reliance Energy
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Altigreen Financial Details
Financial Highlights
FY 2023-24 Revenue₹120.58 Cr
FY 2023-24 Expenses₹363.09 Cr
FY 2023-24 Profit/Loss-₹242.51 Cr
Net Cash Flow From Operations-₹29.29 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Altigreen Key People
People Metrics
Current Core Team3
Board Members/Directors6

Core Team

AS
Amitabh Saran Co-Founder & CEO
SG
Shalendra GuptaCo-Founder & CFO
LM
Lasse MoklegaardCo-Founder & CTO

Board Members/Directors

AD
Ajay Dilkush SarupriaDirector
AS
Amitabh Saran Director
SK
Shailendra Kumar GuptaDirector
PS
Perumal SrinivasanNominee Director
SG
Subhabrata GhoshNominee Director
NK
Nikhil Kishorchandra VoraNominee Director
Altigreen Documents

AY - 2018-19

Profit and Loss statement - Altigreen - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Altigreen for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Altigreen - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Altigreen for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Altigreen - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Altigreen for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Altigreen - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Altigreen for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Altigreen - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Altigreen for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Altigreen - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Altigreen for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Altigreen - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Altigreen for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Altigreen - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Altigreen for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - Altigreen - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Altigreen for FY 2022-23
₹249.00 ₹498.00
Balance sheet - Altigreen - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Altigreen for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Altigreen - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Altigreen for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Altigreen - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Altigreen for FY 2023-24
₹249.00 ₹498.00

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