2015
Hyderabad (India)
Series A
PURE EV is an electric two-wheeler manufacturing company that originated from IIT Hyderabad. The company manufactures electric scooters and motorcycles and also produces lithium-ion batteries. PURE stands for Power Using Renewable Energy, and the company focuses on enabling the transition to sustainable energy sources.
Business Model: PURE EV manufactures electric scooters and motorcycles. They also produce lithium-ion batteries and have a dedicated R&D facility for EV powertrain development and testing.
Electric scooters and motorcycles under the brand "PURE EV". Models include EPluto 7G, ETrance Neo, and EcoDryft.
Lithium-ion batteries.
Electric vehicle powertrain development and testing.
Mileage: The vehicles offer a range, for example, around 111 to 151 km on certain models.
Technology: Some models have features like Bluetooth connectivity and smart AI for battery longevity.
Features Reverse mode, Hill-Start Assist, Down-Hill Assist, and Parking Assist.
PURE EV is committed to driving the future of e-mobility. The company is focused on building products beloved by the mass consumer and building a trustworthy brand name in EV. Their name reflects their commitment to utilizing sustainable energy sources.
$14.2 million
4
$8.0Million, Series A
as of June 21, 2023
$194Million
as of N/A
-
as of N/A
Bennett, Coleman
and 7 more334
Baaz
-
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
June 21, 2023 | Series A | $8.0Million | $194.0Million | - | - | Brand Capital , Bennett, Coleman, Hindustan Media Ventures, Priya Foods |
June 12, 2022 | Series A | $2.7Million | $206.0Million | $26.8Million | 7.6x | NSN Investments, NDL Infratech |
October 1, 2020 | Seed | $1.4Million | $31.9Million | $5.7Million | - | Time Cap Pharma Labs , Natsoft Information Systems |
June 21, 2019 | Angel | $2.2Million | $32.4Million | $953.0K | 31.6x | - |