Key Metrics
- No. of Employees362
- Founded Year 2018
- Company StagePrivate Limited Company
- Total Funding₹1,160.32 Cr
- Industry
- Headquarter
- Company StatusActive
About Euler Motors
Euler Motors is focused on sustainable last mile transport by accelerating the transition from internal combustion engines to new age electric vehicles and become a category leader for cargo and passenger vehicles.
Euler Motors has deployed fleets for Flipkart, BigBasket, Ecom Express, Amazon and Udaan for their last-mile delivery.
Business Model
Euler Motors is a commercial electric vehicle manufacturing startup. Euler Motors manufactures three-wheeler electric vehicles and has deployed fleets for BigBasket, Ecom Express, Amazon and Udaan. Besides bulk orders, the company also started franchise models in Delhi and Haryana.
Top Competitors
PI
PiaggioU34102MH1998PTC113606
EM
Eto MotorsU74999TG2018PTC126906
TC
Ti Clean MobilityU34300TN2022PTC149904
AL
AltigreenU74900KA2013PTC067796
Euler Motors Funding Details
Funding Highlights
Latest Funding RoundDebt Financing
Total Funding Raised₹1,160.32 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors3
Investors
- GIC, Blume Ventures, Inventus Capital
Note:
Valuation as on Nov 6, 2023
Funding Details
Funding History
Funding Per Year
Euler Motors Financial Details
Financial Highlights
FY 2023-24 Revenue₹193.55 Cr
FY 2023-24 Expenses₹420.5 Cr
FY 2023-24 Profit/Loss-₹226.95 Cr
Net Cash Flow From Operations-₹103.53 Cr
Full Financial Details
Financial Comparison
Revenue Breakdown
Expense Breakdown
Shareholding Structure
Financial Ratio
Euler Motors Key People
People Metrics
Current Core Team1
Board Members/Directors4
Euler Motors Documents