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Founded
2020
Headquarters
Bengaluru
Status
Series A
Company Details
Oben Electric is a leading electric motorcycle manufacturer known for its in-house development of high-performance electric two-wheelers and core EV components. The company’s vertically integrated approach, proprietary battery technology and focus on safety and durability set it apart in India’s rapidly growing electric vehicle market. Oben Electric offers a range of motorcycles targeting both premium and mass-market segments, supported by an expanding retail and service network and is recognized for accelerating sustainable mobility solutions nationwide.
Core Products and Services
Flagship products: Rorr and Rorr EZ electric motorcycles, targeting the 150cc segment.
Other offerings: Proprietary LFP batteries, motors, vehicle control units and home fast chargers—all developed in-house.
New platform: O100, aimed at the mass commuter segment (sub-₹1 lakh, modular, multiple variants), launching H2 2025.
Business Model & Revenue Streams
Revenue model: Direct sales of electric motorcycles and components via company-owned and franchise showrooms.
Percentage contribution: Majority B2C (retail); B2B (components) is emerging but minor; no public split by region or product.
Customer segmentation: Overwhelmingly B2C—eco-conscious consumers and daily commuters; limited B2B activity.
Concrete data: Targeting over 100 showrooms by end-2025.
Key Metrics
Total Equity Funding
$8.34Million
No. of Funding Rounds
14
Latest Funding Round
$10.2Million, Series A
as of December 18, 2025
Post Money Valuation
$71.2Million
as of March 11, 2025
Funding Multiple
-
as of N/A
Investors
We Founder Circle
and 5 moreEmployee Count
338
Similar Companies
Physics Motors
Exit Details
-
All Funding Rounds
| Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
|---|---|---|---|---|---|---|
| December 18, 2025 | Series A | $10.2Million | - | - | - | Indian American Family Offices |
| June 18, 2025 | Series A | $5.8 Million | - | - | - | Sharda Family Office, Helios Holdings |
| January 7, 2025 | Series A | $5.8Million | - | - | - | ktvpl.com, missionvertical.com , ambisholdings.vdtrxn, karimjee.com, sanjeevsaraffamilyoffice.vdtrxn, pravekkalpfamilyoffice.vdtrxn |
| August 12, 2023 | Seed | $784.0K | $77.6Million | $75.8K | 1019.4x | Invstt ,Ambis Holdings |
| June 27, 2023 | Seed | $4.9Million | - | - | - | Mumbai Angels, We Founder Circle, India Ev Angels ,Stride Ventures, IREDA, Kalvani Family Office |
| April 18, 2023 | Seed | $659.0K | $73.9Million | $15.6K | 4654.2x | Invstt, Aloknath De Technologies, Swastik Fragrances, Sathwan, Stride Ventures |
| August 1, 2022 | Seed | Undisclosed | We Founder Circle | - | - | We Founder Circle |
| July 15, 2022 | Seed | $4.0Million | $51.0Million | - | - | India Ev Angels, Dholakia Ventures, We Founder Circle ,BMW Bavaria Motors, Sandip and Anurag Realty, Lepton Software, Helios Holdings |
| April 30, 2022 | Seed | $157.0K | $19.8Million | - | - | We Founder Circle ,Sandip and Anurag Realty |
| January 24, 2022 | Seed | $1.0Million | $3.5Million | - | - | - |
| January 8, 2022 | Seed | Undisclosed | $3.6Million | - | - | GSV |
| October 27, 2021 | Seed | $2.0Million | $50.0Million | - | - | We Founder Circle, Editude Eduservices, Big Leap Innovations ,Angel List, Kridia Hotels & Resorts, CaPSiO, Rajesh Motors, Veda Investments, Sandip and Anurag Realty, Caspio Advisory, YMS Finance |