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    Government of Telangana

  • Telangana State Renewable
    Energy Development Corporation Ltd

  • e-Amrit logo

New e-mobility businesses

Telangana is one of the forerunners in India’s electric vehicle transition. The state’s capital city Hyderabad has more than 23+ electric vehicle start-ups at present, and the number is only going to increase in the future. Let’s take a look at some of the prominent electric vehicle start-ups that the state houses.

GMW

Business

:

Developer of electric-rickshaws.

Funding

USD

50M

Headquarters

:

Hyderabad (India)

Founding Date

:

2010

Investors
Global Emerging Markets T-Hub CIE IIITH Other Investors

Etrio

Business

:

Developer for electric-vehicles and power-train system

Funding

USD

3M

Headquarters

:

Hyderabad (India)

Founding Date

:

2017

Investors
Janardhan Rao

PURE

Business

:

Manufacturer of electric-two-wheelers.

Funding

USD

1M

Headquarters

:

Hyderabad (India)

Founding Date

:

2015

Investors
V.C. Nannapaneni Narisetti Anudeep IIT Hyderabad

Racenergy

Business

:

Manufacturer of EV powertrains and battery swapping stations

Funding

USD

757K

Headquarters

:

Hyderabad (India)

Founding Date

:

2018

Investors
Prophetic Ventures AngelList Ananth Nakirikanti Other Investors

Cellestial E-mobility

Business

:

Manufacturer of AI-enabled electric tractors & components

Funding

USD

644K

Headquarters

:

Hyderabad (India)

Founding Date

:

2019

Investors
Meka Sudhakar Reddy Gurj Aujla Ashik Karim

Adapt Motors

Business

:

Manufacturer of battery-operated electric rickshaws

Funding

USD

51K

Headquarters

:

Hyderabad (India)

Founding Date

:

2015

Investors
Tarun Vijay Wasan T-Hub Kasturilal Kundanlal Wasan Other Investors

Cellerite Systems

Business

:

Manufacturer of electric vehicle charging infrastructure

Headquarters

:

Hyderabad (India)

Founding Date

:

2018

Investors
WE Hub

Epick Bikes

Business

:

App-based e-bike rental platform

Headquarters

:

Hyderabad (India)

Founding Date

:

2018

Investors
MaGEHold

Varcas Automobiles

Business

:

Manufacturer of electric scooters

Headquarters

:

Hyderabad (India)

Founding Date

:

2018

Amplify

Business

:

Provider of customised electric vehicle charging infra and solutions

Headquarters

:

Hyderabad (India)

Founding Date

:

2017