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Pure EV
Pure EV is an IIT Hyderabad incubated company
About Pure EV
Pure EV is a startup that operates in the electric mobility solutions sector. The company's primary focus is on manufacturing and selling electric vehicles (EVs), particularly scooters, designed for the Indian market. The company's products are designed to be sustainable and environmentally friendly, with advanced features such as LED displays and top speeds of up to 85 KMPH.
The company's business model is centered around the production and sale of these electric scooters. They generate revenue through the direct sale of these vehicles to consumers. Their target market includes environmentally conscious consumers looking for efficient and sustainable travel solutions.
One of the key selling points of Pure EV's products is their cutting-edge battery technology. This technology not only powers the vehicles but also helps to reduce carbon dioxide emissions, with the company claiming a reduction of 66,149 tons to date. To assure customers of the quality and longevity of their products, Pure EV offers a 5-year battery warranty.
Additionally, the company has developed a proprietary technology called BaTRics Faraday, which detects defects in diverse battery series and initiates repairs, optimizing each cell's potential to its fullest. This technology further enhances the reliability and performance of their electric vehicles.
In conclusion, Pure EV is a promising startup in the electric mobility sector, offering innovative and sustainable solutions for the Indian market. Their commitment to quality and sustainability, combined with their advanced technology, positions them well for future growth in this burgeoning market.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- India
- Employees
- 334
- Open positions
- None listed
- Dealroom signal
- 65.7/100
- Industry
- Energy, Transportation
- Sub-industry
- Energy Storage, Vehicle Production
- Sector
- Transportation, Battery, Sustainable Development Goals, EV Battery, Climate Tech, Electric Mobility, EV Manufacturing, Hard Tech
- Business model
- Manufacturing
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Feb 2024 | $8M | $175M | Hindustan Media Venture · Bennett, Coleman and Co · Priya Foods | ↗ |
| EARLY VC✓Equity / VC | Jul 2019 | $35M | $140M | Undisclosed | — |
Growth signals
Latest recorded traffic for Pure EV is 1.4K monthly website visits, down 75.9% over the last three months. Pure EV's team declined 0.3% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
- HVHindustan Media Venture
Bennett, Coleman and Co
Priya Foods
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Pure EV on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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