Key Metrics
- No. of Employees43
- Founded Year 2020
- Company StagePrivate Limited Company
- Total Funding₹19.74 Cr
- Industry
- Headquarter
- Company StatusActive
About Hop Electric
Business Model
Hop Electric Mobility designs and manufactures electric scooters that are eco-friendly and cost-effective. Its scooters are powered by lithium-ion batteries and offer a range of up to 75 kilometers on a single charge. It also provides a range of services related to electric mobility, including charging infrastructure, battery-swapping et al.
Top Competitors
OE
Ola ElectricU34300KA2021PTC142884
AE
Ather EnergyU40100KA2013PTC093769
TM
Tork MotorsU34104PN2010PTC135855
RM
Revamp MotoU35923MH2021PTC354010
Hop Electric Funding Details
Funding Highlights
Latest Funding RoundSeed
Total Funding Raised₹19.74 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors1
Investors
- Rays Power Infra
Funding Details
Funding History
Funding Per Year
Hop Electric Financial Details
Financial Highlights
FY 2023-24 Revenue₹56.38 Cr
FY 2023-24 Expenses₹63 Cr
FY 2023-24 Profit/Loss-₹8.45 Cr
Net Cash Flow From Operations-₹1.04 Cr
Full Financial Details
Financial Comparison
Revenue Breakdown
Expense Breakdown
Shareholding Structure
Financial Ratio
Hop Electric Key People
People Metrics
Current Core Team3
Board Members/Directors5
Hop Electric Documents