Orxa Energies makes high-performance, long-range, aesthetically appealing Electric Vehicles
Business Model:
Revenue: $0
Employees: 11-50
Address: 98/50, 2nd Main Road, Rajaji Nagar Industrial Town
City: Bengaluru
State: karnataka
Zip: 560044
Country: IN
Orxa Energies is a Performance ELectric Vehicle &a; Energy Systems company. We build Performance Electric Motorcycles, completely designed &a; built by us in India. In 2022, the Mantis Motorcycles completed the "Electric Bharatmala", a record-breaking ride of 13510km over 54 days, around the perimeter of India. In2019, we were the 1st ever EV motorcycle at the India Bike Week last Dec, in front of 20 000 people. With a top speed of 140kmph &a; an acceleration of 0-100 in &l;8sec, The Mantis is India&s;s first fully-electric Naked Sports motorcycle. Most of our design work is done, we built &a; tested several prototypes, and currently, we&s;re finalizing the components. Founded in 2015, we bootstrapped for 2.5 years, then quickly raised 3 investment rounds from Angel &a; Institutional investors. Performance battery packs are missing in the ecosystem- hence we developed our own packs, which we now offer as a product. Our team has already put in significant development efforts (multiple types of BMS &a; thermal management developed completely in-house, etc) over the last 3 years.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 8/2022 | Seed Round | 1 | - |
Lectrix E-Vehicles Lectrix E-Vehicles |
8/2022 | Pre-Series A | - | 8/2022 | Pre-Series A | - | 8/2022 | Seed Round | 1 | - |
Lectrix E-Vehicles Lectrix E-Vehicles |
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