Key Metrics
  • No. of Employees602
  • Founded Year 2017
  • Company StagePrivate Limited Company
  • Total Funding₹563.54 Cr
  • Industry

  • Headquarter
  • Company Status
About Sun Mobility

SUN Mobility is a joint venture between the Maini Group and SUN Group -co-founded by Chetan Maini, founder of India’s first electric car company, Reva, and Uday Khemka, Vice Chairman of the SUN Group. At SUN Mobility, they believe electric vehicles are the future of mobility, and they aim to accelerate the adoption of electric mobility with our innovative battery swapping technology. Their technology is designed to be universally interoperable across various vehicle platforms and form factors, making it future-proof, sustainable and highly scalable. With their state-of-the art Smart Batteries and vast network of IoT-enabled Swap Points, EV charging times and range anxiety are a thing of the past. Their unique approach of separating the batteries from vehicles through the battery subscription model addresses key issues such as high upfront cost, range anxiety and long charging times. Their battery swapping services are not only faster and more convenient than traditional EV charging, but they are also better for the planet. With collaborations and partnerships spanning the best of the industry’s vehicle manufacturers, battery cell technology providers, fleet operators, ride-sharing players and last-mile transport operators, they are proud to be at the forefront of the EV revolution.



Top Competitors
BA
BatterypoolU74999PN2018PTC174312
NU
NumocityU72900KA2018PTC119483
BS
Battery SmartU31904DL2019PTC357706
RA
RacenergyU34300TG2018PTC125370
Sun Mobility Funding Details
Funding Highlights
Latest Funding RoundSeries C
Total Funding Raised₹563.54 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors2
Investors
  • BOSCH, Vitol
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
Sun Mobility Financial Details
Financial Highlights
FY 2023-24 Revenue₹287.06 Cr
FY 2023-24 Expenses₹397.14 Cr
FY 2023-24 Profit/Loss-₹110.68 Cr
Net Cash Flow From Operations₹20.04 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
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Sun Mobility Key People
People Metrics
Current Core Team2
Board Members/Directors6

Core Team

CM
Chetan Maini Co-Founder & Chairman
AG
Ajay Goel Co-Founder & COO

Board Members/Directors

JM
Jo Ming Joel CheungDirector
GM
Guruprasad MudlapurDirector
AK
Ajay Kumar GoelDirector
CK
Chetan Kumar MainiDirector
SK
Sandeep Kumar MainiDirector
UH
Uday Harsh KhemkaDirector
Sun Mobility Documents

AY - 2018-19

Profit and Loss statement - Sun Mobility - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Sun Mobility for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Sun Mobility - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Sun Mobility for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

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

AY - 2020-21

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

AY - 2021-22

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

AY - 2022-23

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

AY - 2023-24

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

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