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3ev industries

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Experiences in off-grid clean-energy technologies and global standards of sustainable business development

Bengaluru, IndiaFounded 2019Energy

Valuation $50–100M Last recorded · 2025

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About 3ev industries

3ev Industries Private Limited, established in Bangalore, Karnataka, specializes in the design, development, and manufacturing of electric conversion kits for three-wheel vehicles. The company operates in the electric vehicle (EV) market, focusing on converting internal combustion engine (ICE) auto rickshaws to electric power. Their primary clients include auto rickshaw owners and fleet operators looking to extend the life of their existing vehicles and reduce operational costs.

3ev's flagship products include the L5 e30 Conversion Kit for passenger autos and the e30x Conversion Kit for cargo goods autos, both of which are certified by iCAT and ARAI, respectively. These kits enable a cost-effective transition to clean, efficient, and low-maintenance electric power, making them an attractive option for those looking to leverage their existing investments in ICE vehicles.

The company's business model revolves around the sale of these conversion kits, as well as offering pilot programs for enterprise logistics services under the 3eco brand. By providing certified, high-performance conversion solutions, 3ev aims to promote sustainable transportation and reduce the environmental impact of traditional auto rickshaws.

Revenue is generated through direct sales of conversion kits, leasing options, and partnerships with dealers and individual customers.

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At a glance

Status: Operational
Founded: 2019
Headquarters: Bengaluru, India
Employees: 85
Open positions: 1
Dealroom signal: 52.5/100
Industry: Energy
Sub-industry: Clean Energy
Sector: Energy, Grid Technology, Hard Tech
Business model: Manufacturing
Client focus: b2b
Links: Website LinkedIn

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Funding history

4 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES A✓Equity / VC	Nov 2025	$13M	$54M	Thackersey Group · Mahanagar Gas · Equentis	↗
SERIES A✓Equity / VC	Feb 2024	$12M	$46M	Mahanagar Gas	↗

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Growth signals

3ev industries website traffic

Latest recorded traffic for 3ev industries is 1.7K monthly website visits, down 10.5% over the last three months. 3ev industries's team grew 9% over the past year.

Latest monthly visits1.7K 3-month web change-10.5% 1-year team growth+9%

Monthly website visitsOct 2022–Jul 2026

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Open positions

Openings linked to this company in Dealroom

Technician And WelderChennai, India · Other · Oct 28, 2025

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