Oben Electric

company

About

Oben Electric is an electric 2-wheeler manufacturing company that performs in-house designing, R&D, and manufacturing of its product.

Details

Last Funding Type
Seed
Last Funding Money Raised
$600K
Industries
Automotive,Electric Vehicle,Manufacturing,Sustainability,Transportation
Founded date
Jan 1, 2020
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
Oben Electric Vehicles Pvt Ltd.
Also Known As
Oben EV

Oben Electric Vehicles is an electric two-wheeler manufacturing company in Bangalore, India, that is committed to designing, developing, and manufacturing electric two-wheelers indigenously. Oben Electric is focused on bringing reliable, safe, and qualitative electric two-wheelers to the consumer segments of the world that are at par with conventional two-wheelers. Its first flagship product and performance motorcycle ‘Rorr’ proudly envisages India’s ‘Make in India’ and ‘Atmanirbhar’ program of the Indian Government.
Oben meaning ‘Top’ in German, was founded in the year 2020 by industry veterans who have been previously consulting various global organizations in Technology, and Research & Development in the EV domain. They are adept with a rich experience in metamorphosizing a bootstrapped organization into a multi-million-dollar revenue-generating model, through their previous venture.
The team at Oben Electric, collectively brings with them more than 20 years of hands-on experience in the EV realm, hence being able to understand the EV industry bottom-up and the dynamics of building electric two-wheelers in-house.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$2.60M
Oben Electric has raised a total of $2.60M in funding over 2 rounds. Their latest funding was raised on Nov 29, 2022 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 29, 2022 Seed $600K 3 US India EV Angels Detail
Jan 24, 2022 Seed $500K 2 Detail
Dec 13, 2021 Seed $1.50M 8 We Founder Circle Detail

Investments

Number of Investments
Number of Lead Investments
3
0
Oben Electric has made 3 investments. Their most recent investment was on Aug 5, 2021, when Refurbed raised $54M.
Date Company Name
Round Money Raised Industry Lead Investor
Aug 5, 2021 Refurbed
Series B $54M Apps
Mar 17, 2020 Refurbed
Series A $17M Apps
Mar 7, 2019 Refurbed
Seed €2M Apps

Investors

Number of Lead Investors
Number of Investors
2
12
Oben Electric is funded by 12 investors. US India EV Angels and Dholakia Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
US India EV Angels Yes Seed
Dholakia Ventures Seed
We Founder Circle Seed
Krishna Bhupal Seed
Shajikumar Devakar Seed
Dr. Aloknath Seed
Gaurav Juneja Seed
Jerin K Santhosh Seed
Milan Modi Seed
Rakesh Somani Seed

Employee Profiles

Number of Employee Profiles
2
Oben Electric has 2 current employee profiles, including Executive Madhumita Agrawal
Executive
Executive