2015
Pune (India)
Series A
Kinetic Green Energy & Power Solutions Ltd is a prominent player in India's electric vehicle (EV) sector, focusing on sustainable and green mobility solutions. Here are the key details about the company:
Kinetic Green specializes in a diverse range of battery-operated vehicles, including:
Electric Three-Wheelers: Primarily used for public transportation and goods delivery.
Electric Two-Wheelers: Launched in 2021, with over 50,000 units sold.
E-scooters, E-cycles, Buggies, E-Carts: Catering to various consumer needs and applications.
The company has sold nearly 100,000 electric vehicles, contributing to a cumulative revenue of approximately ₹1,000 crore (around $120 million) in the EV sector. Kinetic Green's vehicles have collectively traveled over 9 billion green kilometers, showcasing their impact on reducing carbon emissions.
Kinetic Green has established a robust in-house R&D center recognized by the Department of Scientific and Industrial Research (DSIR). The company emphasizes innovation in designing durable and affordable electric vehicles, aligning with the "Make in India" initiative.
Kinetic Green has signed a joint venture agreement with Tonino Lamborghini SpA from Italy to design and manufacture high-end golf carts in India. This partnership aims to tap into the global market for luxury electric vehicles.
The company is dedicated to becoming a net-zero organization and actively invests resources in educating stakeholders about adopting green practices. Kinetic Green's mission focuses on making electric mobility accessible to the masses while promoting environmentally friendly practices.
Founder & CEO: Ms. Sulajja Firodia Motwani leads the company with a vision to revolutionize the EV landscape in India.
In summary, Kinetic Green is at the forefront of India's transition to sustainable transportation, offering innovative electric vehicle solutions while prioritizing environmental responsibility and community engagement.
$28.6Million
4
$28.1Million, Series A
as of August 1, 2024
$175 Million
as of N/A
1
as of N/A
Greater Pacific Capital
and 2 more394
Fyn Mobility
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
August 1, 2024 | Series A | $28.1Million | $175.0Million | Greater Pacific Capital | ||
April 15, 2022 | Angel | $263.0K | $112.0Million | $28.1Million | Kasturilal Kundanlal Wasan | |
March 30, 2022 | Seed | $264.0K | $93.9Million | $27.2Million | Duzu |