Oben Electric

#DesignMeetsPerformance

General Information
Company Name
Oben Electric
Founded Year
2020
Location (Offices)
India +1
Founders / Decision Makers
Number of Employees
165
Industries
Manufacturing, Sustainability, Transportation +1
Funding Stage
Seed
Social Media

Oben Electric - Company Profile

**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 of Oben Electric (5)

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Funding Stage Amount No. Investors Investors Date
Seed Round INR13.95M 7 US India EV Angels, Kalvani Family Office +1 27 Jun 2023
Debt Financing Unknown - 27 Jun 2023
Seed Round $600.00K 3 US India EV Angels 29 Nov 2022
Seed Round $500.00K - 24 Jan 2022
Seed Round $1.50M - 13 Dec 2021

Latest News of Oben Electric

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No recent news or press coverage available for Oben Electric.

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