Unlock full details of this profile with our free Lite plan!
Sign Up and Get Free AccessEuler Motors - About the company
Euler Motors is a series D company based in Delhi (India), founded in 2018 by Saurav Kumar. It operates as a Platform offering electric commercial mobility solutions. Euler Motors has raised $206M in funding from investors like Hero MotoCorp, GIC and Piramal Group, with a current valuation of ₹1,420Cr. The company has 6 active competitors, including 1 that is funded. Its top competitors include companies like Alke, Goupil and FLYNT.
Company Details
Platform offering electric commercial mobility solutions. It includes three- and four-wheeler cargo vehicles, fleet management tools, and charging infrastructure.
- Website
- www.eulermotors.com/
- Social
- Email ID
- *****@eulermotors.com
Legal entities associated with Euler Motors
Euler Motors is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Jan 14, 2015 | $23.4M (as on Mar 31, 2024) | 614 (as on Feb 28, 2025) |
Get your free copy of Euler Motors's company profile
Euler Motors's funding and investors
Filter this listEuler Motors has raised a total funding of $206M over 13 rounds. Its first funding round was on Jun 08, 2018. Its latest funding round was a Series D round on May 08, 2025 for $75M. 6 investors participated in its latest round, lead by Hero MotoCorp.
Euler Motors has 26 institutional investors including Hero MotoCorp, GIC and Piramal Group. British International Investment is the largest institutional investor in Euler Motors. There are 22 Angel Investors in Euler Motors.
Here is the list of recent funding rounds of Euler Motors:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
May 08, 2025 | $75M | Series D | 2375772 | 3733260 | |
Mar 21, 2025 | Undisclosed | Series D | 6831369 | 4392193 | |
Jan 15, 2025 | $20M | Conventional Debt | 2432683 | 8877836 |
Access funding benchmarks and valuations. Sign up today!View details of Euler Motors's funding rounds and investors
Euler Motors' founders and board of directors
Founder? Claim ProfileThe founders of Euler Motors is Saurav Kumar. Saurav Kumar is the CEO of Euler Motors.
Here are the details of Euler Motors' key team members:
- Saurav Kumar: Founder & CEO of Euler Motors. They serve on the board of 1 company.Contact Info: 1 email address
Euler Motors' Board of Directors
Euler Motors's board has 3 active members. Saurav Kumar and Namita Devi are part of team and Gaurav Kumar is independent board member.Here is the list of Euler Motors' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 10y 4m | |
Team | - | Current | 10y 4m | |
Investor | - | Current | 2y 7m | |
Investor | Blume Ventures | Current | 2y 7m | |
dpnjvqb | Investor | sn{kbig | Current | 2y 4m |
Independent board member | - | Current | 10y 4m |
View details of Euler Motors's Founder profiles and Board Members
Euler Motors' employee count trend
Euler Motors has 614 employees as of Feb 25. Here is Euler Motors's employee count trend over the years:Uncover Euler Motors' growth story! Sign up today!Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Euler Motors's Competitors and alternates
Top competitors of Euler Motors include Alke, Goupil and FLYNT. Here is the list of Top 10 competitors of Euler Motors, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Euler Motors 2018, Delhi (India), Series D | Platform offering electric commercial mobility solutions | $206M | 69/100 | |
2nd | Electric light utility vehicles for public and industrial applications | - | 19/100 | ||
3rd | Developer of electric utility vehicles | - | 18/100 | ||
4th | FLYNT 2024, Amsterdam (Netherlands), Unfunded | Manufacturer of electric commercial vans | - | - | 17/100 |
5th | Manufacturer of multiple categories of commercial vehicles | - | 12/100 | ||
6th | Manufacturer of electric cargo vehicles | - | - | 10/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Euler Motors's competitors? Click here to see the top ones
Euler Motors's Latest cap tables and shareholding
Founders own 5.09%, Funds (largest shareholder) own 37.90%, Enterprises own 37.59% and Angels own 1.72%. The net worth of Euler Motors's founders is INR 72.4Cr as of May 08, 2025.
Shareholders Name | Post Round Holding % | Net worth | Cumulative investment | Realised returns | Unrealised returns | Return multiple |
|---|---|---|---|---|---|---|
Founder | 5.09% | 72.4Cr | 53058 | 12044 | 76497 | 50083 |
57854 | 76101 | 45504 | 60965 | 24020 | 20752 | |
Fund | 37.90% | 539Cr | 7142872 | 3593996 | 7357743 | 1866916 |
4157641 | 9200380 | 9975025 | 5173791 | 6993206 | 1850899 | |
24 | 53 | 12 | 82 | 89 | 43 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 37.59% | 535Cr | 3813079 | 9546308 | 5032056 | 7855514 |
Angel | 1.72% | 24.3Cr | 2 | 5 | 3 | 1 |
Other People | 0.30% | 4.21Cr | 0 | 0 | 0 | 0 |
ESOP Pool | 7.57% | 108Cr | 5900420 | 3809288 | 5831504 | 8069263 |
Total | 90.17% | 1,280Cr | 6125162 | 3381440 | 9647380 | 4115932 |
To unlock detailed Cap Table of Euler Motors Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Euler Motors's Shareholding
Euler Motors's Investments and acquisitions
Euler Motors has made no investments or acquisitions yet.
Reports related to Euler Motors
Here is the latest report on Euler Motors's sector:
News related to Euler Motors
Filter this listMedia has covered Euler Motors for a total of 21 events in the last 1 year, 4 of them have been about company updates and 3 about partnerships.
•
Euler Motors bags Rs 638 Cr in Series D funding led by Hero MotoCorpYourStory•May 19, 2025•Euler Motors, Hero MotoCorp, British International Investment
•
Hero-backed Euler Motors eyes profitability by 2029 after aggressive expansionLivemint•May 19, 2025•Euler Motors, Hero MotoCorp
•
Euler Motors Secures ₹638 Crore in Funding Round Led by Hero MotoCorpNewsDrum•May 19, 2025•Euler Motors, Hero MotoCorp, British International Investment
•
Hero MotoCorp to invest $60 mn in BII, Blume-backed Euler MotorsVCCircle•Mar 21, 2025•Hero MotoCorp, Euler Motors
•
Hero MotoCorp Invests INR 525 Crore in Euler Motors, Acquires 32.5% StakeStartupTalky•Mar 21, 2025•Hero MotoCorp, Euler Motors
•
Hero MotoCorp acquires significant stake in Euler Motors for ₹525 crore; forays into electric three wheelersThe Hindu•Mar 21, 2025•Hero MotoCorp, Euler Motors
•
Hero Motorcorp To Invest Rs 525 Crore In Euler MotorsTeam-BHP•Mar 21, 2025•Hero MotoCorp, Euler Motors
•
Hero MotoCorp forays into e-three wheeler space; to acquire 32.5 pc stake in Euler MotorsNewsDrum•Mar 20, 2025•Hero MotoCorp, Euler Motors
•
Euler Motors, Tata Power Renewables Partner For Charging InfrastructureNdtvprofit•Feb 24, 2025•Euler Motors, Tata Power Renewable Energy, Tata Power
•
Euler Motors & Tata Power team up to boost commercial EV adoption via expanded fast-charging.Express Computer•Feb 24, 2025•Euler Motors, Tata Power
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQ's about Euler Motors
Explore our recently published companies
- Lilac Labs - San Francisco based, 2022 founded, Seed company
- Apitrailers - Unfunded company
- Officeequipmenthub - Unfunded company
- Tnec - Vancouver based, 2015 founded, Unfunded company
- Mahilanidhi - Unfunded company
- German Offshore Wind Energy Foundation - Varel based, 2005 founded, Funding Raised company