Key Metrics
- No. of Employees232
- Founded Year 2022
- Company StagePrivate Limited Company
- Total Funding₹3,034.81 Cr
- Industry
- Headquarter
- Company StatusActive
About Montra Electric
Montra Electric is poised to revolutionize the automotive segment with cutting-edge product propositions and by creating an ecosystem for the EV segment to flourish. The brand is dedicated to empowering a new generation's dreams and ambitions by designing smart, best-in-class mobility solutions that drive progress.
Business Model
Tl Clean Mobility, a subsidiary of the Murugappa Group, manufactures electric three-wheeler vehicles under the brand Montra Electric. Launched in September 2022, Montra Electric focuses on last-mile mobility, which refers to short-distance transportation needs.
Top Competitors
OS
Omega Seiki MobilityU63000DL2019PTC351549
3E
3eviU34300KA2019PTC123905
EM
Eto MotorsU74999TG2018PTC126906
JM
Jangid MotorsU35990DL2016PTC298615
GM
GmwU34300TG2010PTC068448
Montra Electric Funding Details
Funding Highlights
Latest Funding RoundSeries B
Total Funding Raised₹3,034.81 Cr
No. of Investments Made0
Total No. of Acquisitions2
Lead Investors3
Investors
- GEF Capital, M&G Investments, Multiples Private Equity
Funding Details
Funding History
Funding Per Year
Acquisition Company Done
Montra Electric Financial Details
Financial Highlights
FY 2023-24 Revenue₹263.42 Cr
FY 2023-24 Expenses₹554.36 Cr
FY 2023-24 Profit/Loss-₹255.47 Cr
Net Cash Flow From Operations-₹375.47 Cr
Full Financial Details
Financial Comparison
Revenue Breakdown
Expense Breakdown
Shareholding Structure
Financial Ratio
Montra Electric Key People
People Metrics
Current Core Team1
Board Members/Directors8
Montra Electric Documents