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REDDY AUTOMOTIVE PRIVATE LIMITED

RACEnergy

U34300TG2018PTC125370

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 17, 2025
Key Metrics
  • No. of Employees44
  • Founded Year 2018
  • Company StagePrivate Limited Company
  • Total Funding₹38.55 Cr
  • Industry

    ,

  • Headquarter
  • Company StatusActive
About RACEnergy

They envision a mobility ecosystem that is Smart, Connected, and Sustainable.To translate this vision to reality, they are building a holistic technology solutions for 2W and 3W to go electric as they are the most extensively used modes of transportation in this part of the world. RACEnergy is working to power the future of mobility through clean and efficient technologies. 

Business Model

RACEnergy is a deep-tech electric vehicle infrastructure company specializing in fully swappable battery packs for electric vehicles. Its products include the RxEV300 Electric Propulsion Kit, RACE M1 Swappable Battery Pack, Battery Swapping Network, and R-VIS Vehicle Monitoring Platform.

RACEnergy Funding Details
Funding Highlights
Latest Funding RoundPre-Series A
Total Funding Raised₹38.55 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors3
Investors
  • GrowX Ventures, AngelList, Micelio Technology
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
RACEnergy Financial Details
Financial Highlights
FY 2022-23 Revenue₹2.88 Cr
FY 2022-23 Expenses₹7.97 Cr
FY 2022-23 Profit/Loss-₹5.09 Cr
Net Cash Flow From OperationsUndisclosed
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
RACEnergy Key People
People Metrics
Current Core Team2
Board Members/Directors4

Core Team

AS
Arun Sreyas ReddyCo-Founder
GM
Gautham MaheswaranCo-Founder

Board Members/Directors

SB
Sheetal BahlDirector
HR
Haritaa Reddy PalleDirector
GM
Gautham Maheswaran Director
AS
Arun Sreyas Reddy PalleDirector
RACEnergy Documents

AY - 2019-20

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

AY - 2020-21

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

AY - 2021-22

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

AY - 2022-23

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

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