Oben Electric logo — #DesignMeetsPerformance

Oben Electric

#DesignMeetsPerformance

Founded 2020 India India 291 employees Series A Total: $16.55M Manufacturing

General Information

Company Name Oben Electric
Founded Year 2020
Location India India +1
Employees 291
Industries Manufacturing
Funding Stage Series A
Social

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About Oben Electric

**Oben Electric** is an electric vehicle manufacturing startup based in Bangalore, India. The company's mission is to produce locally designed and developed electric two-wheelers that prioritize reliability, safety, and high quality, positioning them as strong competitors to traditional models. Their flagship product, the performance motorcycle **‘Rorr’**, aligns with the Indian Government's **'Make in India'** and **'Atmanirbhar'** initiatives. Established in **2020** by industry veterans with extensive experience in consulting global organizations in Technology and R&D within the EV sector, Oben Electric has made significant strides, transitioning from a bootstrapped startup to a multi-million-dollar revenue enterprise. The team's 20 years of practical experience in the EV industry equips them with a deep understanding of the market and the intricacies of building electric two-wheelers in-house.

Oben Electric operates within the **Manufacturing**, **Sustainability**, and **Transportation** industries and secured a **INR400.00M Seed Round** investment on **27 June 2023**. The investors in this round included **Mumbai Angels**, **Stride Ventures**, **HEM ANGELS**, **We Founder Circle**, **US India EV Angels**, **Kalvani Family Office**, and **India Renewable Energy Development Agency**. This investment signifies a significant milestone for the company as it continues to make waves in the competitive electric mobility market.

Taxonomy: Electric Vehicles, Two-Wheelers, Make in India, Atmanirbhar, EV Industry, R&D, Technology, Bangalore, Start-up, Innovation, Precision, Expertise, Indigenous Manufacturing, Performance Motorcycle

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing •••••• - 27 Jun 2023
Seed Round •••••• 7
Investor Investor Investor Investor
•••• ••••
27 Jun 2023
Seed Round •••••• 3
Investor Investor
•••• ••••
29 Nov 2022
Seed Round •••••• - 24 Jan 2022
Seed Round •••••• - 13 Dec 2021

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FAQ About Oben Electric

#DesignMeetsPerformance
Oben Electric was founded in 2020.
Oben Electric is headquartered in India.
Oben Electric operates in the following industries: Manufacturing.
Oben Electric has approximately 291 employees.
Oben Electric has completed 5 funding rounds, raising a total of $16.55M. The latest funding stage is Series A.
Top alternatives and competitors to Oben Electric include Lightning Motorcycles, Wize, Greenwit Technologies Inc,, Trevor Motorcycles , Verge Motorcycles. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Oben Electric and Lightning Motorcycles are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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