In the article, Sandiip Bhammer, Founder and Managing Partner at GFC, highlighted how EMotorad’s founder, Rajib Gangopadhyay, effectively leveraged his deep experience with Chinese e-cycle companies to capitalize on the shifting global e-bike market dynamics. Recognizing this strategic advantage, GFC made an early investment in EMotorad during its pre-Series A round in 2022, where the startup raised INR 24 Cr. This round also included participation from LetsVenture and Ivy Growth Associates. Since then, EMotorad has continued to attract significant investment, including from the Panthera Growth Partners, xto10x, and most recently, Indian cricket legend Mahendra Singh Dhoni.
Read MoreHT Auto reports: MS Dhoni was recently seen taking a spin on his new wheels, the EMotorad Doodle V3 e-cycle.
Read MoreIn response to the surging demand for bicycles in India, the market in India has grown substantially, with a wealth of options for cyclists. Read about the many options, including electric bikes by Green Frontier Capital investee company EMotorad.
Read MoreWe are happy to share this article written by Battery Smart co-founder, Pulkit Khurana for the Times of India on battery swapping's impact on delivery ecosystem.
Read MoreSatvik Pandey for Digit provides a quick review of EMotorad’s Lil E electric motorized scooter from the Digit Test Centre.
Read MoreDriven by an increasing inclination towards sustainability and rising fuel costs, e-bikes have certainly become an e-mobility alternative, writes Rajib Gangopadhya, Founder, EMotorad.
Read MoreEconomic Times features four EMotorad bicycles in their list of the best electric cycles.
Read MoreTapanjana Rudra for INC42 reports clean mobility will play a big role in tackling climate change. Many Indian electric vehicle (EV) startups such as ElectricPe, Blu Smart, EMotorad, and Battery Smart are now sustainable solutions. The Indian EV market is estimated to reach $15,397 Bn by 2027.
Read MoreJaspreet Kaur reports on forty-four EV startups whose innovations are contributing to the fight against climate change, including four of GFC’s investee companies. Since vehicular pollution is one of the major causes of global warming, clean mobility will play a big role in addressing the issue.
Read MoreThe Weekend Leader reports EMotorad has surged into the forefront of the e-bike industry, boasting a phenomenal turnover of Rs 200 crore within just three years of its launch.
Read MoreET Retail Desk reports through this partnership, Emotorad hopes to expand its reach to a wider audience and gain a stronghold in the young-age category — aiming to see a 40 per cent growth in sales and expand its presence across both online and offline retail channels.
Read MoreVikas Srivastava for BQ Prime reports EMotorad plans to treble its e-bicycle production capacity in the 2024 financial year with an aim to become the country's number-one manufacturer of green transport. EMotorad is also planning to fully automate the entire manufacturing process to increase efficiency.
ET Auto reports Emotorad has exported so far in FY23 over 50,000 units, against 17,000 units in FY22, to 18 countries and has also attained international profitability of USD 2 million in two years of its inception.
Read MoreELE Times Bureau reports Within two years since its inception, the leading electric bicycle manufacturer EMotorad has exported more than 52k e-bicycles to more than 18 countries across the globe.
Read MoreRajib Gangopadhyay, the MD and founder of EMotorad, makes the #1 spot on this list of young entrepreneurs shaking up the EV startup ecosystem in 2023, compiled by Passionate In Marketing. He is a visionary contributor to the mobility segment and empowers people with an affordable way to commute!
Read MoreGeeta Nair for Financial Express reports electric vehicle startup EMotorad has entered the Australian market with its e-bicycles, and has exported its first lot of 200 foldable electric bikes to a partner based in Melbourne.
Read MoreEconomic Times Auto reports Emotorad is set to achieve a 400% rise in revenue in the coming fiscal year owing to the growing demand for eco-friendly mobility alternatives in Tier 2 and Tier 3 cities across India, the company said.
Read MoreNarasimha Raju for CXO Today places EMotorad first on the list of top E-cycle startups in India. India is the second-biggest cycle maker in the world and produces over 1.5 crore units every year.
Car & Bike reports Domestic premium electric bike maker EMotorad announced its strategy to expand its current manufacturing capacity to 90,000 e-cycles per year at its manufacturing unit in Jambe, near Pune.
Read MoreGetVantage, a leading revenue-based financing or RBF platform, saw ventures like BluSmart, ChargeZone, EMotorad, Buyofuel and Verve Renewables avail finance totaling $5 million.
Read More