Key Metrics
  • No. of Employees43
  • Founded Year 2020
  • Company StagePrivate Limited Company
  • Total Funding₹19.74 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Hop Electric
Hop Electric Mobility is one of the fastest growing electric vehicle ecosystem company in India With introduction of entry level smart electric scooters and integrated battery charging cum swapping solution Hop is focused on increasing adoption of clean technology products and services In less than 9 months of retail operations Hop has expanded to 12 states with its dealership and service network
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.

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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
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
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
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
Hop Electric Key People
People Metrics
Current Core Team3
Board Members/Directors5

Core Team

KM
Ketan MehtaCo-Founder & CEO
NB
Nikhil BhatiaCo-Founder
RG
Rahil GuptaCo-Founder

Board Members/Directors

NB
Nikhil BhatiaDirector
RK
Rajendra Kumar AgarwalDirector
AJ
Ashish JainDirector
RG
Rahil GuptaDirector
KM
Ketan Mehta Director
Hop Electric Documents

AY - 2020-21

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

AY - 2021-22

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

AY - 2022-23

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

AY - 2023-24

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

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