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Pure EV

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Pure EV is an IIT Hyderabad incubated company

IndiaFounded 2016Transportation
Valuation $100–250M Last recorded · 2024
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Pure EV and the history behind them.

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 data

At 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

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
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 —
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Growth signals

Pure EV website traffic

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.

Latest monthly visits1.4K 3-month web change-75.9% 1-year team growth-0.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

  • Hindustan Media Venture
  • Bennett, Coleman and Co
  • Priya Foods
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇮🇳 India97.9%
🇳🇵 Nepal2.1%
2 countries shown

Market sentiment

Posts on X, past 7 days

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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